Novartis AG (NVS) Gets Upgraded to Overweight from Neutral by JPMorgan

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Novartis AG (NYSE:NVS) is 1 of the best pharma stocks to put inOn December 8, Novartis AG (NYSE:NVS) was upgraded to Overweight from Neutral by JPMorgan. The steadfast lifted the terms people to CHF 125 from CHF 95, releasing adjusted ratings for companies nether its sum successful the European pharma radical arsenic portion of its 2026 outlook.

 Jim Cramer Wonders Whether Its CEO Is Leaving

Novartis AG (NVS): Jim Cramer Wonders Whether Its CEO Is Leaving

JPMorgan anticipates show successful the assemblage to beryllium driven by pipeline readouts and downgraded the companies that had a deficiency of pipeline readouts successful 2026.

Separately, Novartis AG (NYSE:NVS) announced connected November 24 that Itvisma attained FDA support to dainty children 2 years and older, adults, and teens with spinal muscular atrophy, with a confirmed mutation successful the endurance centrifugal neuron 1 (SMN1) gene. The support makes it the archetypal and lone cistron replacement therapy disposable for this wide population.

Management reported that Itvisma exhibited improved centrifugal relation and stabilization successful patients irrespective of SMA attraction past successful Phase III studies, with a one-time dose of the attraction replacing the SMN1 gene, and perchance reducing the request for chronic SMA treatment. Novartis AG (NYSE:NVS) added that cistron replacement therapy is present disposable for eligible people, irrespective of age, surviving with SMA.

Headquartered successful Basel, Switzerland, Novartis AG (NYSE:NVS) develops, markets, and manufactures a scope of healthcare and pharmaceutical products. Its operations span the Innovative Medicines, Sandoz, and Corporate segments.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.

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