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Barclays Downgrades Abbott Labs (ABT) to Equalweight

December 9, 2011 1:20 PM EST
Get Alerts ABT Hot Sheet
Price: $111.25 -0.02%

Rating Summary:
    26 Buy, 9 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Barclays downgraded Abbott Labs (NYSE: ABT) from Overweight to Equalweight, price target maintained at $55.00.

Barclays analyst says, "...we see little potential for upside/downside movement near term." FY11 EPS cut $0.01 to $4.65 and FY12 raised $0.02 to $5.01.

For an analyst ratings summary and ratings history on Abbott Labs click here. For more ratings news on Abbott Labs click here.

Shares of Abbott Labs closed at $54.18 yesterday.


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