Citigroup Maintains Buy on AbbVie, Raises Price Target to $226
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Geoff Meacham maintains a Buy rating on AbbVie and raises the price target from $215 to $226.
October 31, 2024 | 8:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Citigroup analyst Geoff Meacham has reaffirmed a Buy rating on AbbVie and increased the price target from $215 to $226, indicating a positive outlook for the stock.
The reaffirmation of a Buy rating and an increased price target by a major financial institution like Citigroup suggests confidence in AbbVie's future performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100