Deutsche Bank analyst Emmanuel Papadakis upgraded Sandoz (SDZNY) to Buy from Hold with a price target of CHF 42, up from CHF 36. The company’s mid-single-digit revenue guidance will likely prove conservative and its biosimilar outlook “remains appealing,” the analyst tells investors in a research note.
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Read More on SDZNY:
- Sandoz price target lowered to CHF 38 from CHF 41 at Morgan Stanley
- Sandoz Group Reports Strong Growth and Strategic Advancements
- Sandoz Group Ltd: Strong Financial Performance and Resilient Outlook Justify Buy Rating
- Sandoz launches Pyzchiva in the U.S.
- Sandoz price target raised to CHF 41 from CHF 35 at Morgan Stanley
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