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Why Novo Nordisk Stock Topped the Market Today
NVONovo Nordisk(NVO) The Motley Fool·2024-03-01 23:15

Novo Nordisk's (NVO 3.72%) position as a hot healthcare stock got a boost from an analyst as the trading week came to a close. On a significant price target boost, the Danish pharmaceutical company's share price closed the day almost 4% higher. That was more than good enough to outpace the bellwether S&P 500 index, which rose by a relatively light 0.8%.An analyst raised his price target at a double-digit rateThe analyst giving Novo Nordisk that nice shot in the arm was Morgan Stanley's Mark Purcell. Well be ...