UBS Maintains Neutral on AbbVie, Raises Price Target to $195
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Navin Jacob maintains a Neutral rating on AbbVie (NYSE:ABBV) but raises the price target from $185 to $195.
October 09, 2024 | 10:00 pm
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UBS analyst Navin Jacob has maintained a Neutral rating on AbbVie but increased the price target from $185 to $195, indicating a positive outlook on the stock's potential.
The increase in the price target from $185 to $195 suggests a positive outlook on AbbVie's stock performance, which could lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100