The most recent Market Talks protecting the Well being Care sector. Revealed completely on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.
0949 ET – Novo Nordisk’s effort to usurp Pfizer’s bid for Metsera appears to be like a really defensive transfer, Deutsche Financial institution analysts Emmanuel Papadakis and Henrietta Boeg write. The $9 billion bid was totally sudden and the financial institution questions what it implies for Novo Nordisk’s confidence in its personal weight problems packages. It additionally appears unlikely that the transfer is unrelated to current board modifications, Deutsche Financial institution provides. The financial institution has a purchase score and 600 Danish kroner goal value for the inventory. Shares fall 2.7% to 314 kroner. (dominic.chopping@wsj.com)
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