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0.000219009325006514 -0.00076995465822559 -8.55505175805536E-05 -0.00162545983403198 -0.00436307639661212 -0.0044486269141928 -0.006245187783386 -0.006245187783386
Stock impact report

Novo Nordisk Stock Drops on Eli Lilly Oral Weight-Loss Drug Success, Downgrade [Yahoo! Finance]

Novo Nordisk A/S (NVO) 
Last novo nordisk a/s earnings: 2/5 01:31 am Check Earnings Report
US:NYSE Investor Relations: novonordisk.com/investors.html
Company Research Source: Yahoo! Finance
positive oral weight-loss drug news and BMO cut its rating for the Danish drug developer's stock. BMO downgraded its rating on Novo Nordisk's stock to "market perform" from "outperform" and slashed its price target to $64 from $105. BMO said Novo Nordisk has lost its early lead in the weight-loss drug race to Eli Lilly. U.S.-listed shares of Novo Nordisk ( NVO ) plunged 7% in intraday trading Thursday after rival Eli Lilly ( LLY ) reported positive oral weight-loss drug news and BMO cut its rating for the Danish drug developer. Eli Lilly on Thursday released Phase 3 trial results for its oral weight-loss drug that "demonstrated statistically significant efficacy results and a safety profile consistent with injectable GLP-1 medicines." BMO downgraded its rating on Novo Nordisk's stock to "market perform" from " outperform " and slashed its price target to $64 from $105. The firm said it believes "obesity competitor Lilly has made sizable advancements in its commercial and cli Show less Read more
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