AbbVie shares are trading lower. Deutsche Bank initiated coverage on the stock with a Hold rating.
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank has initiated coverage on AbbVie with a Hold rating, leading to a decrease in AbbVie's stock price.
November 09, 2023 | 7:21 pm
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AbbVie's stock price is trading lower after Deutsche Bank initiated coverage with a Hold rating.
Deutsche Bank's initiation of coverage on AbbVie with a Hold rating indicates a neutral outlook on the stock. This could lead to a decrease in demand for the stock, causing the price to drop in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100