Wells Fargo raised the firm’s price target on Abbott (ABT) to $147 from $136 and keeps an Overweight rating on the shares. The firm notes the company reported a Q1 EPS beat despite Dx softness. Abbott maintained 2025 guide, which now includes a few hundred-million-dollar tariff impact starting in the second half of the year. Management believes through mitigation the annualized impact would be less than 2 times this, Wells adds.
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