0616 GMT - Novo Nordisk's 8% share decline following the Wegovy maker's investor day on Monday suggests investors weren't convinced about its growth plans, but this seems like a somewhat harsh reaction, Jyske Bank's Henrik Hallengreen Laustsen writes. "The strategy and its key components appear sound, if not impressive." However, following several disappointments from Novo, the market wants to see concrete clinical and commercial evidence, Jyske Bank adds. Novo presented ambitions for industry-level growth through 2030 and stable margins, which seemed slightly underwhelming relative to market expectations, the bank says. It maintains its hold rating on the stock with a 330 Danish kroner target price.Jyske Bank cites uncertainty on growth prospects, pressure from semaglutide's 2032 patent expiry, fair valuation, and limited near-term news flow. Shares closed Monday at 260 kroner.