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Fly News Breaks for January 23, 2020
ABT
Jan 23, 2020 | 08:19 EDT
Wells Fargo analyst Larry Biegelsen raised his price target for Abbott to $103 from $97 after the company reported quarterly results. The analyst notes that Abbott remains confident in Libre 2.0/iCGM approval, expects to sustain its current levels of organic growth, is executing on its diverse pipeline and remains selective with regards to M&A. Biegelsen has an Overweight rating on the shares.
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