Barclays raised the firm’s price target on Abbott (ABT) to $158 from $149 and keeps an Overweight rating on the shares. The firm increased earnings estimates for Abbott’s 2025, “despite significant headwinds” from currency and taxes. It continues to view the company as a “high-quality diversified MedTech growth story.”
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Read More on ABT:
- Abbott price target raised to $135 from $130 at Stifel
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- Abbott price target raised to $148 from $146 at UBS, shares remain undervalued
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