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AbbVie price target raised to $261 from $255 at Morgan Stanley

Morgan Stanley raised the firm’s price target on AbbVie (ABBV) to $261 from $255 and keeps an Overweight rating on the shares after the company posted a Q3 beat and raised 2025 revenue and EPS guidance. The company’s key immunology products Skyrizi and Rinvoq “continue to deliver,” while aesthetics and Humira remain soft, the analyst tells investors in a post-earnings note.

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