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Stock impact report

Leerink Partners Begins Coverage on ABT [Yahoo! Finance]

Abbott Laboratories (ABT) 
Last abbott laboratories earnings: 4/16 07:30 am Check Earnings Report
US:NYSE Investor Relations: abbott.com/investors.html
Company Research Source: Yahoo! Finance
Its five-year average annual dividend growth rate sits at nearly 11%. It pays a quarterly dividend of $0.59 per share and has a dividend yield of 1.78%, as of June 17. An operating room with a doctor monitoring a patient's vital signs during surgery with a medical device. Leerink Partners has initiated coverage of the medical devices company, assigning it a hold-equivalent rating along with a target price of $143. This target suggests an upside of less than 6% from the stock's closing price on Friday. Although Abbott Laboratories (NYSE:ABT) is recognized for its strong industry position, Leerink's analysts mentioned that they think “potential upside growth drivers and strong execution” are mostly already reflected in the company's “stock at current peak valuation levels,” and they do not see any significant near-term catalysts. Abbott Laboratories (NYSE:ABT) recently received positive news from Canada, where the government approved a rapid blood test designed to assist clinician Show less Read more
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