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Jefferies Remains a Hold on Novartis AG (NOVN)

Tipranks - Tipranks - Thu Feb 5, 2:58AM CST

Jefferies analyst Benjamin Jackson CFA maintained a Hold rating on Novartis AG today and set a price target of CHF110.00.

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According to TipRanks, Jackson CFA is a 3-star analyst with an average return of 7.7% and a 56.25% success rate. Jackson CFA covers the Healthcare sector, focusing on stocks such as Sanofi, Galderma Group AG, and Novartis AG.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Novartis AG with a CHF115.33 average price target.

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Based on Novartis AG’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of CHF14.36 billion and a net profit of CHF3.93 billion. In comparison, last year the company earned a revenue of CHF13.17 billion and had a net profit of CHF3.19 billion

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