(ADPnews) - Jan 28, 2011 - Alm Brand Markets and Sanford C Bernstein have lifted their share price targets on Danish pharma company Novo Nordisk A/S (CPH:NOVO B) to DKK 735 from DKK 575 and to DKK 610 from DKK 560, respectively.
In addition, Alm Brand has upgraded its rating on the stock to "buy" from "neutral", while Bernstein has kept its "market perform" recommendation.
According to Alm Brand, Novo Nordisk's results for the fourth quarter of 2010, due for release on February 2, will slightly outperform the market consensus. Sales are seen to be 1% better than expected and operating profit -- 2%.
In addition, the broker estimates that the company will …
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