Morgan Stanley Lowers AbbVie's Target Price to $224, Maintains "Overweight" Rating (ABBV)

Nov 13, 2024

Morgan Stanley has adjusted its price target for AbbVie (ABBV, Financial), reducing it from $231 to $224. Despite the revision, the investment firm continues to recommend an "overweight" rating for the pharmaceutical company. This suggests that Morgan Stanley still sees potential for AbbVie to perform well relative to other stocks in the sector.

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