Zevin Asset Management LLC Sells 2,173 Shares of Novartis AG $NVS
Zevin Asset Management LLC has reduced its stake in Novartis AG by 2.1%, selling 2,173 shares during the second quarter, leaving it with 99,336 shares valued at approximately $12 million. The firm ranks Novartis as its 24th largest holding. Other institutional investors have also adjusted their positions in Novartis. Analysts have mixed ratings on the stock, with a consensus rating of "Hold" and a price target of $122.33. Novartis recently reported earnings of $2.25 per share, slightly below expectations, with revenue of $13.91 billion, reflecting an 8.5% year-over-year increase.
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