grapesharvester schreef op 7 december 2013 16:54:
Analyst Jami Rubin at Goldman Sachs (GS) placed AbbVie on the Conviction Buy list. Rubin attaches a price target of $60 per share, suggesting some 24% upside potential from Monday's levels, the day before the upgrade has been released.
Rubin notes that AbbVie has an $18 billion revenue base and a much greater pipeline leverage than most other mid-sized biopharma peers. The company is entering a long period of robust clinical trial read-outs, starting in the fourth quarter.