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BUZZ-Street View: Abbott poised for a healthy 2025

ReutersJan 23, 2025 1:13 PM

Abbott Laboratories ABT.N on Wednesday forecast 2025 profit in line with Wall Street estimates as it expects new medical device launches and growing demand for its glucose monitors to offset a hit from weakness in China and a stronger dollar

Median PT of 28 brokerages covering the stock is $134 - data compiled by LSEG

HEALTHY ON GROWTH AND INNOVATION

J.P. Morgan ("overweight") is bullish on ABT's organic sales growth outlook for 2025 and demand for glucose monitors

RBC ("outperform," PT: $135) says ABT is well-positioned and expects continued growth driven by innovations and a strong product pipeline

TD Cowen ("buy," PT: $135) expects ABT to continue to deliver growth across its various segments, driven by innovation and market expansion

UBS ("buy," PT: $148) says outlook for organic sales growth appears 'conservative'

"We believe the sustainability of ABT’s MedTech business growth trajectory remains underappreciated" - UBS

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