Steve Scala, analyst at Cowen & Co., reiterates coverage on AbbVie (ABBV) in the Healthcare sector with a Buy rating. TipRanks.com has Scala rated as a 4 star analyst with a 11% return on investment and a 68% success rate. Scala has set a price target of $130.00 .
TipRanks.com reports that ABBV currently has 13 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $128.62 . The target pricing ranges from a high forecast of $148.00 down to a low forecast of $112.00 .
ABBV’s last closing price was $119.36 which would put the average price target at 7.76% upside.
In addition, TradingView issued a Strong Buy rating for ABBV over the next month.
Remember, securities are volatile, so please do your own research on ABBV.
Other analysts covering ABBV include:
- Geoff Porges of Leerink Partners issued a buy rate with the price target of $148 on August 19th
- Matthew Harrison of Morgan Stanley issued a buy rate with the price target of $116 on August 19th
- David Toung of Argus Research issued a buy rate with the price target of $140 on August 4th
If you are interest in stocks like ABBV or stocks in the Healthcare sector, please click here.
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