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Stock Market & Financial Investment News

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January 2, 2013
08:23 EDTABTAbbott shares attractive following spin-off, says Wells Fargo
After Abbott spun off its proprietary pharmaceuticals business, Wells Fargo believes the new Abbott's stock is attractive, partly due to what the firm sees as the company's above-average top- and bottom-line growth outlook and significant margin expansion opportunities. The firm lowered its valuation range for the stock to $33-$34 from $71-$74 to reflect the spin-off, and maintains an Outperform rating on the shares.
News For ABT From The Last 14 Days
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November 17, 2014
08:16 EDTABTZoetis to purchase assets of Abbott Animal Health for about $255M
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08:15 EDTABTZoetis to purchase assets of Abbott Animal Health for about $255M

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