Tag
Novonesis
2 articles
BNP Paribas Upgrades Novonesis After 20% Lag
BNP Paribas raised Novonesis ADR rating from underperform to neutral, citing valuation pullback after the stock lagged its sector by ~20% YTD.
The company's valuation fell to 24x projected 2027 earnin
BNP Paribas Upgrades Novonesis After 20% Lag
BNP Paribas raised Novonesis ADR rating to neutral from underperform, citing a 20% YTD sector underperformance.
Valuation fell to 24x projected 2027 earnings, a 20% premium to peers, down from a 40% p