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Novo Nordisk's stock dips despite strong earnings, new potential for Ozempic, and buy ratings.
Novo Nordisk's stock has seen recent declines, partly due to a rival's Super Bowl ad and a "hold" rating from Morgan Stanley.
However, a study suggests its Ozempic product may have new revenue streams for alcohol reduction and smoking cessation.
Despite the dips, earnings surpassed estimates, and institutional investors are buying more shares, with a consensus "Moderate Buy" rating and potential for growth.
2 months ago
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