0851 GMT - Novartis's new midterm outlook is better than anticipated and the company's recent track-record of delivering on expectations suggests forecasts could raise as a result, Vontobel's Stefan Schneider says in a research note. "The management has consistently demonstrated strong execution of their given commitments, delivering as promised in recent years. Accordingly, the new outlook offers potential for higher estimates," the analyst says. The company rolled forward its midterm target to the 2025-30 period, a period during which psoriasis drug Cosentyx is set to lose patent protection, the analyst says. Moreover, it raised its peak sales guidance for two important drugs, breast-cancer medicine Kisqali and leukemia treatment Scemblix. Shares rise 0.6% to 102.86 Swiss francs. (adria.calatayud@wsj.com)
(END) Dow Jones Newswires
November 20, 2025 03:51 ET (08:51 GMT)
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