Friday, October 5, 2018
Abbott price target raised to $86 from $72 at Cowen
Cowen analyst Joshua Jennings raised his price target on Abbott to $86 from $72 and said it remains a top pick. The analyst cited increased visibility from Libre and MitraClip reinforcing confidence in top tier revenue and earnings growth, which he sees supporting a peer average multiple. Jennings reiterated his Outperform rating on Abbott shares.
https://thefly.com/landingPageNews.php?id=2800317
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