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Stock impact report

AbbVie Inc. (ABBV) Gets Downgraded to Peer Perform From Outperform by Wolfe Research [Yahoo! Finance]

AbbVie Inc. (ABBV) 
Last abbvie inc. earnings: 5/1 07:43 am Check Earnings Report
US:NYSE Investor Relations: investors.abbvie.com/investor-overview
Company Research Source: Yahoo! Finance
The firm stated that the shares already reflect outperformance expectations in Skyrizi and Rinvoq, which is why it is moving to the sidelines waiting for higher visibility on the company's immunology and inflammation “encore” and competitive dynamics. In a separate development, Reuters reported on January 7 that AbbVie Inc. (NYSE:ABBV) denied its involvement in talks for the acquisition of Revolution Medicines. The update came after the Wall Street Journal reported that AbbVie Inc. (NYSE:ABBV) was in advanced discussions to buy Revolution Medicines, the cancer-drug developer. AbbVie Inc. (NYSE:ABBV) told Reuters in an emailed statement that it “is not in discussions with Revolution Medicines”. The same day, UBS assumed coverage of AbbVie Inc. (NYSE:ABBV) with a Neutral rating, lifting the price target on the stock to $240 from $220. It told investors that it believes the company is fairly priced at current levels, and sees a balanced risk/reward for the company's shares as competi Show less Read more
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