IMBRUVICA® (ibrutinib) Awarded Prix Galien 2015 Best Pharmaceutical Agent

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AbbVie (ABBV) Reports Strong 3Q and Long term outlook; Cowen Reiterates Outperform

October 30, 2015 1:23 PM EDT

Cowen reiterated an Outperform rating and $77.00 price target on Abbvie (NYSE: ABBV) following the company's 3Q earnings results. Q3 EPS of $1.13 was $0.06 above consensus. Full year guidance has been raised to $4.26-4.28 (prior $4.10-4.30). Q3 sales of $5,944MM (+18%) were $54MM above... More