AbbVie (ABBV) Tops Q1 EPS by 4c, Raises Guidance

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Abbvie (ABBV) PT Lowered to $187 at Barclays

April 29, 2024 5:22 AM EDT

Barclays analyst Carter Gould lowered the price target on Abbvie (NYSE: ABBV) to $187.00 (from $195.00) while maintaining a Overweight rating.

The analyst comments "Humira erosion and transient headwinds drive reframing of '25 EPS growth, though LT profile keeps us positively biased; lowering PT to $187."

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AbbVie (ABBV) hikes 2024 earnings guidance as Q1 beat estimates, shares up

April 26, 2024 7:42 AM EDT

AbbVie (NYSE: ABBV) shares rose 2.4% in premarket trading Friday after the company raised full-year guidance for adjusted earnings per share (EPS) as Q1 results beat expectations.

The pharmaceutical company reported earnings per share (EPS) of $2.31 for the fiscal Q1, exceeding the consensus estimate of $2.27.... More