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A Novo Nordisk analyst is now less optimistic; check out the four biggest downgrades for Friday.

OpinionRead the original at benzinga.com
Bad for NVO

Morgan Stanley downgraded Novo Nordisk to Underweight and kept a $40 target, which lowers analyst support for the shares.

NVO · Novo Nordisk A/S

AI read · Bad for NVO

The AI's read

Novo Nordisk was downgraded by Morgan Stanley from Equal-Weight to Underweight with a $40 price target. I read the downgrade and the lower target as a negative signal for how analysts view the stock.

CHWY · Chewy Inc

AI read · Bad for CHWY

The connection

JP Morgan downgraded Chewy from Overweight to Neutral and cut its price target, which reduces analyst optimism for Chewy.

SMR · NuScale Power Corp

AI read · Bad for SMR

The connection

UBS downgraded NuScale Power from Neutral to Sell and cut its price target, signaling weaker analyst views on the company.

ATO · Atmos Energy Corp

AI read · Bad for ATO

The connection

JP Morgan downgraded Atmos Energy from Overweight to Neutral and trimmed the price target, which reduces analyst support for Atmos.

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