H.C. Wainwright lowered the firm’s price target on Novocure (NVCR) to $39 from $42 and keeps a Buy rating on the shares. The company’s Q4 revenue growth highlights continued positive momentum for Optune Gio, the analyst tells investors in a research note. The firm reduced lung cancer estimates for Novocure.
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Read More on NVCR:
- Novocure reports preliminary Q4 revenue $174.4M, consensus $168.93M
- Novocure price target lowered to $20 from $22 at Evercore ISI
- NovoCure’s Strategic Leadership and Product Developments Drive Buy Rating
- NovoCure Appoints Frank Leonard as New CEO
- Novocure CEO Ashley Cordova resigns, Frank Leonard succeeds