Jefferies Starts Abbvie (ABBV) at Buy

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Wells Fargo Starts Abbvie (ABBV) at Outperform

January 16, 2013 8:15 AM EST

Wells Fargo initiates coverage on Abbvie (NYSE: ABBV) with a Outperform rating and $37-$40 valuation range.

The firm is confident in the near-term growth prospects of Humira and AndroGel, and likes the long-term potential of ABBV's all-oral HCV regimen and elotuzumab. The firm also views... More