Novartis AG researches, develops, manufactures, and markets healthcare products worldwide. The company operates through two segments, Innovative Medicines and Sandoz. The Innovative Medicines segment offers prescription medicines for patients and healthcare providers. It also provides ophthalmology, neuroscience, immunology, hepatology and dermatology, respiratory, established, and cardiovascular, renal and metabolism medicine products. The Sandoz segment provides active ingredients and finished dosage forms of small molecule pharmaceuticals to third parties across a range of therapeutic areas, as well as finished dosage form anti-infectives. It also provides active pharmaceutical ingredients and intermediates primarily antibiotics; protein- or other biotechnology-based products, including biosimilars; and biotechnology manufacturing services. Novartis AG has a license and collaboration agreement with Alnylam Pharmaceuticals to develop, manufacture, and commercialize inclisiran; an agreement with CureVac to manufacture COVID-19 vaccine candidate CVnCoV; a collaboration with Artios Pharma Limited to create next generation DDR cancer therapies; and a clinical collaboration with Kura Oncology, Inc. to evaluate the combination of Tipifarnib and Alpelisib in patients with head and neck squamous cell carcinoma. The company was incorporated in 1996 and is headquartered in Basel, Switzerland.
IPO Year:
Exchange: NYSE
Website: novartis.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
2/13/2025 | Buy → Neutral | UBS | |
2/12/2025 | Underweight | Morgan Stanley | |
2/4/2025 | Hold → Buy | Deutsche Bank | |
12/4/2024 | Hold → Reduce | HSBC Securities | |
9/11/2024 | $135.00 → $130.00 | Buy → Neutral | BofA Securities |
9/5/2024 | Buy → Neutral | Goldman | |
9/3/2024 | Buy → Hold | Jefferies | |
7/19/2024 | Buy → Hold | Deutsche Bank | |
5/30/2024 | $120.00 | Buy | Goldman |
2/23/2024 | $114.00 | Market Perform | BMO Capital Markets |
UBS downgraded Novartis AG from Buy to Neutral
Morgan Stanley initiated coverage of Novartis AG with a rating of Underweight
Deutsche Bank upgraded Novartis AG from Hold to Buy
HSBC Securities downgraded Novartis AG from Hold to Reduce
BofA Securities downgraded Novartis AG from Buy to Neutral and set a new price target of $130.00 from $135.00 previously
Goldman downgraded Novartis AG from Buy to Neutral
Jefferies downgraded Novartis AG from Buy to Hold
Deutsche Bank downgraded Novartis AG from Buy to Hold
Goldman initiated coverage of Novartis AG with a rating of Buy and set a new price target of $120.00
BMO Capital Markets initiated coverage of Novartis AG with a rating of Market Perform and set a new price target of $114.00