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Why Novus Therapeutics Is Trading Lower Today

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Novus Therapeutics (NASDAQ: NVUS) shares are trading lower on Tuesday.

Ladenburg Thalmann downgraded the stock from Buy to Neutral and announced a price target of 60 cents per share.

Novus Therapeutics Inc is engaged in the biotechnology sector. As a pharmaceutical company, it is focused on the acquisition, development, and commercialization of ear, nose, and throat related products.

Novus shares were trading 11.79% lower at 54 cents at the time of publication on Tuesday. The stock has a 52-week high of $1.82 and a 52-week low of 25 cents.

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Latest Ratings for NVUS

DateFirmActionFromTo
Jun 2020Ladenburg ThalmannDowngradesBuyNeutral
Nov 2019H.C. WainwrightInitiates Coverage OnBuy
Sep 2018Ladenburg ThalmannInitiates Coverage OnBuy

View More Analyst Ratings for NVUS
View the Latest Analyst Ratings

 

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