Abbott (ABT) Tops Q4 EPS by 2c

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BofA/Merrill Lynch Upgrades Abbott Labs (ABT) to Buy

January 30, 2015 6:58 AM EST

BofA/Merrill Lynch upgraded Abbott Labs (NYSE: ABT) from Neutral to Buy with a price target of $52.00 (from $50.00).

Analyst Bob Hopkins cited three things, including: 1) ABT's strong Q4 results yesterday, which suggest estimates have bottomed with strong revenue growth and margin expansion highly likely... More