Workflow
Nutritional items
icon
Search documents
Abbott Laboratories (ABT) Rated Buy as Benchmark Highlights Diagnostics Growth and Global Resilience
Yahoo Finance· 2025-10-21 10:33
Core Insights - Abbott Laboratories (NYSE:ABT) is recognized as one of the top medical device stocks, with Benchmark initiating coverage on October 10, setting a price target of $145 and a Buy rating, highlighting the company's reliable performance in a dynamic global market [1] Group 1: Business Strategy and Market Position - Abbott's business strategy is characterized by its independence from any single treatment, product, or market, which contributes to its resilience [1] - The company is expected to see a resurgence in its Diagnostics business by 2026, driven by a new molecular nucleic acid testing platform for blood screening, despite current challenges from post-pandemic declines in COVID-19 testing and pressures in China [2] Group 2: Investment and Expansion - Benchmark noted Abbott's proactive approach to potential trade disruptions, citing a $500 million investment in new U.S. facilities and expansions planned for the upcoming year, positioning the company favorably for future tariff discussions [3] - Abbott Laboratories is a leading global healthcare company, producing a diverse range of products including branded generic medications, medical devices, diagnostics, and nutritional items [3]
Abbott Laboratories (ABT) Maintains Strong MedTech Growth Outlook
Yahoo Finance· 2025-10-02 06:33
Core Viewpoint - Abbott Laboratories (NYSE:ABT) is highlighted as a top choice for retirement portfolios, with UBS maintaining a Buy rating and a price target of $154, emphasizing confidence in the company's growth trajectory, particularly in its MedTech division which is expected to sustain growth rates of 10% or more [1][2]. Group 1: Company Performance - Abbott Laboratories is recognized as a leading global healthcare company that produces a diverse range of products including branded generic medications, medical devices, diagnostics, and nutritional items [3]. - UBS anticipates that Abbott will outperform competitors in margin expansion and earnings per share growth, with the stock currently trading at approximately 23 times the consensus earnings per share for 2026, which is a discount compared to the large-cap MedTech category averaging around 28 times projected earnings [2]. Group 2: Market Position - The MedTech division of Abbott is a focal point for future growth, with expectations of maintaining robust growth rates, contributing to the overall positive outlook for the company [1].