AbbVie initiated at UBS
AbbVie assumed with a Neutral at UBS. UBS analyst Navin Jacob assumed coverage of AbbVie with an unchanged Neutral rating and lowered his firm’s price target for the shares to $91 from $97. While the Humira biosimilar threat has been de-risked, the current valuation offers limited upside, says the analyst.https://thefly.com/landingPageNews.php?id=2852061
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