Novan (NOVN) Receives Daily Media Impact Score of -0.07

Press coverage about Novan (NASDAQ:NOVN) has trended somewhat negative recently, Accern Sentiment reports. Accern ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Novan earned a news sentiment score of -0.07 on Accern’s scale. Accern also gave media coverage about the company an impact score of 42.3161510838492 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:

A number of equities analysts have recently commented on the company. Zacks Investment Research lowered Novan from a “hold” rating to a “sell” rating in a research note on Tuesday, August 8th. ValuEngine upgraded Novan from a “strong sell” rating to a “sell” rating in a research note on Friday, September 15th. Finally, Wedbush restated a “neutral” rating and set a $6.00 price target on shares of Novan in a research note on Monday, September 25th.

Novan (NOVN) opened at $4.82 on Tuesday. Novan has a 12 month low of $3.52 and a 12 month high of $30.90.

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About Novan

Novan, Inc is a late-stage pharmaceutical company. The Company is engaged in the development and commercialization of therapies using its nitric oxide platform. The Company develops product candidates using its Nitricil technology, which enables the Company to engineer tunable new chemical entities (NCEs).

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