Wall Street Pulls Back on Novo Nordisk and Jefferies While Talkspace Heads for Exit

Wall Street Pulls Back on Novo Nordisk and Jefferies While Talkspace Heads for Exit

Quick Read Novo Nordisk (NVO) cut to Hold, $42 target, down 53.14% past year. Korn Ferry (KFY) target cut to $75. Jefferies Financial Group (JEF) target cut to $61, down 37.95% YTD. Talkspace (TALK) acquired at $5.25/share. CagriSema delivered 23% weight reduction versus Lilly’s 25.5%, failing non-inferiority while Jefferies faces First Brands legal exposure and Korn Ferry sees compressed multiples. Are you ahead, or behind on retirement? Sma…

TD Cowen Downgrades Novo Nordisk A/S (NYSE:NVO) to Hold

TD Cowen cut Novo Nordisk A/S from a "buy" rating to a "hold" rating and set a $42.00 price objective for the company. in a research note on Tuesday.

TD Cowen downgrades Novo Nordisk on concerns over semaglutide patent loss, pipeline outlook

TD Cowen still sees shares of Novo Nordisk adding 6% from here.