Argus analyst David Toung raised the firm’s price target on Abbott (ABT) to $150 from $145 and keeps a Buy rating on the shares. Abbott’s growth drivers, including the FreeStyle Libre, electrophysiology products, leadless pacemakers, and cardiovascular devices, as well as its ability to develop and launch new products, could lead to continued growth in sales and earnings, the analyst tells investors in a research note.
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