Jayson Bedford analyst at Raymond James reiterates coverage on Abbott Labs (ABT) in the Healthcare sector with a Buy rating. TipRanks.com has Bedford rated as a 4.9 star analyst with a 65% return on investment and a 11.8% success rate. Bedford has set a price target of $ 135.
TipRanks.com reports that Abbott Labs currently has 9 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $140.67. The target pricing ranges from a high forecast of $151.00 down to a low forecast of $125.00. Abbott Labs (ABT)’s last closing price was $109.71 which would put the average price target at 30.01% upside.
In addition, TradingView issued a Sell rating for ABT over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Neutral short-term outlook. Remember, securities are volatile, so please do your own research on ABT.
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One resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals. Click here for more on Tipranks.com. Another great tool for charting is TradingView.com, so you might want to check that out too.
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