Novartis (NVS) Tops Q1 EPS by 13c, raises guidance

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Novartis (NVS) PT Raised to $108 at CFRA

April 23, 2024 1:11 PM EDT

CFRA analyst Wan Nurhayati raised the price target on Novartis (NYSE: NVS) to $108.00 (from $105.00) while maintaining a Hold rating.

The analyst comments "We raise our target price by $3 to $108, implying a 2024 P/E of 15.4x, largely in line with the peer average. Novartis... More