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Abbott price target raised to $140 from $134 at Oppenheimer

Oppenheimer analyst Suraj Kalia raised the firm’s price target on Abbott (ABT) to $140 from $134 and keeps an Outperform rating on the shares following quarterly results. The firm’s constructive outlook assumes subsiding non-MedTech headwinds, easier comparable sales in FY26, and top-line composite growth ticking up to low double digits, along with EBIT margins.

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