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Novartis AG (NOVN) Gets a Buy from Deutsche Bank

Tipranks - Fri Feb 6, 5:06AM CST

Deutsche Bank analyst Emmanuel Papadakis maintained a Buy rating on Novartis AG today and set a price target of CHF125.00.

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Papadakis covers the Healthcare sector, focusing on stocks such as Novo Nordisk, GlaxoSmithKline, and Roche Holding AG. According to TipRanks, Papadakis has an average return of 4.4% and a 54.04% success rate on recommended stocks.

In addition to Deutsche Bank , Novartis AG also received a Buy from Citi’s Graham Parry in a report issued today. However, on the same day, Barclays maintained a Hold rating on Novartis AG (Six Swiss: NOVN).

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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