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AbbVie price target raised to $195 from $185 at Barclays

Barclays raised the firm’s price target on AbbVie to $195 from $185 and keeps an Overweight rating on the shares. The analyst cites a favorable key opinion leader feedback heading into the ‘951 PDUFA and believes that the drug has the potential to achieve $2.0-$2.5B in sales given the unmet need and strong market fit.

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