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AbbVie price target raised to $221 from $212 at Guggenheim

Guggenheim analyst Vamil Divan raised the firm’s price target on AbbVie (ABBV) to $221 from $212 and keeps a Buy rating on the shares. The firm is updating its model following the company’s Q3 earnings results last week, stating that AbbVie reported “a solid quarter” with results beating on both sales and quarterly EPS.

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