The post AbbVie Gets JPMorgan Buying Opportunity Call With $260 Price Target Amid Competitive Concerns appeared first on 24/7 Wall St..
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JPMorgan maintains its Overweight rating and $260 price target on AbbVie (ABBV), calling the pullback a buying opportunity as the firm sees upside to consensus estimates backed by strong Skyrizi and Rinvoq momentum, despite near-term headwinds from a $744 million R&D charge and competitive pressure …