AbbVie (ABBV) Tops Q4 EPS by 3c, Confirms Guidance

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AbbVie (ABBV) PT Trimmed at Jefferies But Sees Excellent Entry Point

February 3, 2015 8:41 AM EST

Jefferies analyst Jeffrey Holford reiterated a Buy rating on Abbvie (NYSE: ABBV) following Q4 results but lowered his price target to $80.00 (from $82.00). The firm said recent weakness creates an excellent entry point.

Holford commented, "We view ABBV's 2015 HCV guidance as conservative, which is... More