Investors and traders alike ought to know that gains of the sort aren’t normal. You just need to locate a few stocks a day to earn money on. Most men and women view stocks as long-term investments. Even the wonderful stocks weren’t spared.
What Does Stock Downgrades Mean?
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The purchasing momentum continued till the end and also the stock didn’t give up its gains. A handful of other hedge funds also have recently made changes to their own positions in ABBV. On the bright side, AbbVie is apparently attractively priced. This may mean that a number of the downside risk has been taken into account.
The firm has an ordinary rating of Buy along with a consensus target price of $70.21. It has an average rating of Buy and a consensus target price of $69.42. AbbVie currently has a normal rating of Buy and a mean target price of $68.89. AbbVie has an ordinary rating of Buy and a normal target price of $68.43.
During an identical quarter this past year, the business earned $0.94 EPS. During the same period last year, it earned $0.94 earnings per share. During exactly the same period this past year, the organization earned $0.94 EPS. During the same quarter in the previous year, it earned $0.94 earnings per share.