JMP Securities Reiterates Novocure Ltd (NVCR) Outperform $34.00
Novocure Ltd (NVCR) Given Outperform Rating at JMP Securities
April 4th, 2017 • 0 comments • Filed Under • by ABMN Staff
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Novocure logoNovocure Ltd (NASDAQ:NVCR)‘s stock had its “outperform” rating reaffirmed by analysts at JMP Securities in a research note issued on Tuesday. They presently have a $34.00 price objective on the stock. JMP Securities’ price target would suggest a potential upside of 206.31% from the stock’s current price.
Several other equities analysts have also recently issued reports on NVCR. Zacks Investment Research cut shares of Novocure from a “buy” rating to a “hold” rating in a research report on Friday, March 17th. Wedbush restated an “outperform” rating and issued a $20.00 price target on shares of Novocure in a research report on Wednesday, December 21st. JPMorgan Chase & Co. restated a “buy” rating and issued a $14.00 price target on shares of Novocure in a research report on Sunday, February 26th. Wells Fargo & Co cut shares of Novocure from an “outperform” rating to a “market perform” rating in a research report on Wednesday, January 11th. Finally, Aegis restated a “buy” rating and issued a $14.00 price target on shares of Novocure in a research report on Tuesday, March 28th. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the stock.
