UBS has maintained a "Buy" rating for Novartis shares, setting a target price of 111 francs, reflecting confidence in the company's new medium-term targets that exceed market expectations. On the day of the analysis, Novartis shares rose by 0.5% to CHF 91.48, indicating a potential upside of 21.34%. The stock has increased by 11.8% since the start of 2024, with Q4 2024 key figures expected on January 31, 2025.