NovoCure's Strategic Leadership and Product Developments Drive Buy RatingOur Buy rating and $42 price target are based on a discounted cash flow analysis (DCF). In our DCF, we extend our estimates to 2038 and assign a 12% discount rate and -25% terminal value, given that we view Novocure's technology as a platform. We are currently modeling 2L NSCLC with 100% POS, brain mets from NSCLC with 80% POS, and pancreatic cancer with 70%, and have not included other pipeline assets or indications in our valuation.