Novo Nordisk is trading at €41.35 (+3.31%) after JPMorgan raised its 2026 sales expectations and price target from DKK 250 to DKK 275.

  • JPMorgan cited limited generic pressure, favorable U.S. adjustments, and stronger-than-expected Wegovy growth outside the United States.
  • The move appears company-specific rather than broad-market driven; major U.S. indices were up less than 0.5% on August 25, 2026.