Form 6-K NOVO NORDISK A S For: Sep 20

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TD Cowen Reiterates Buy Rating on Novo Nordisk (NVO) Following Monlunabant Obesity Update

September 20, 2024 10:12 AM EDT

TD Cowen analyst Michael Nedelcovych reiterated a Buy rating and $155.00 price target on Novo Nordisk (NYSE: NVO) following the monlunabant obesity update.

The analyst commented, "In a Phase II obesity trial, CB1 blocker monlunabant showed weight loss in the ~6-7% range at 16 weeks. No serious... More