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AbbVie price target raised to $265 from $262 at Canaccord

Canaccord analyst Gary Nachman raised the firm’s price target on AbbVie (ABBV) to $265 from $262 and keeps a Buy rating on the shares. The firm said ABBV delivered upside in 1Q across all key franchises and was led by Immunology and Neuro as the results showed good momentum for key grwoth drivers.

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