Abbott Labs stock price target raised to $146 by Wells Fargo on Medtech strength

Investing.comThursday, October 16, 2025 at 9:51:21 AM
Abbott Labs stock price target raised to $146 by Wells Fargo on Medtech strength
Wells Fargo has raised its stock price target for Abbott Labs to $146, highlighting the company's strong performance in the medtech sector. This increase reflects confidence in Abbott's innovative products and market position, which is crucial for investors looking for growth in healthcare technology.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
ConocoPhillips stock rating maintained at Equal Weight by Wells Fargo
NeutralFinancial Markets
Wells Fargo has maintained its stock rating for ConocoPhillips at 'Equal Weight', indicating a balanced outlook on the company's performance. This decision reflects the bank's assessment of the energy sector and suggests that investors should expect steady performance without significant fluctuations. Such ratings are important as they guide investors in making informed decisions about their portfolios.
UBS reiterates Buy rating on Abbott Labs stock amid sustainable MedTech growth
PositiveFinancial Markets
UBS has reaffirmed its Buy rating on Abbott Labs stock, highlighting the company's sustainable growth in the MedTech sector. This is significant as it reflects confidence in Abbott's innovative products and market position, suggesting that investors can expect continued positive performance from the company.
Abbott Labs stock rating reiterated at Buy by Benchmark on strong device sales
PositiveFinancial Markets
Abbott Labs has received a 'Buy' rating from Benchmark, highlighting the company's strong device sales. This endorsement reflects confidence in Abbott's growth potential and market performance, making it a noteworthy investment opportunity for shareholders. As the demand for medical devices continues to rise, Abbott's solid sales figures position it favorably in the competitive healthcare sector.
Progressive stock price target lowered to $246 by Wells Fargo on slowing growth
NegativeFinancial Markets
Wells Fargo has lowered its stock price target for Progressive to $246, citing concerns over slowing growth. This adjustment reflects the challenges the company faces in maintaining its momentum in a competitive market. Investors should pay attention to this change as it may impact Progressive's market performance and investor confidence.
Morgan Stanley stock price target raised to $177 from $165 at Wells Fargo
PositiveFinancial Markets
Wells Fargo has raised its stock price target for Morgan Stanley from $165 to $177, reflecting a positive outlook on the company's performance. This adjustment indicates confidence in Morgan Stanley's growth potential and could attract more investors, highlighting the bank's strong position in the financial sector.
ASML stock price target raised to $1,140 at Wells Fargo on clean Q3
PositiveFinancial Markets
ASML's stock price target has been raised to $1,140 by Wells Fargo following a strong third-quarter performance. This positive adjustment reflects investor confidence in ASML's growth potential and solid financial results, which are crucial for the semiconductor industry. Such upgrades can influence market trends and investor decisions, making it an important development for stakeholders.
Synchrony Financial stock price target raised to $85 by Wells Fargo
PositiveFinancial Markets
Wells Fargo has raised its stock price target for Synchrony Financial to $85, reflecting confidence in the company's growth potential. This adjustment is significant as it indicates positive market sentiment and could attract more investors, boosting the stock's performance in the coming months.
Jefferies raises Abbott Labs stock price target to $146 on medical device growth
PositiveFinancial Markets
Jefferies has raised its price target for Abbott Labs to $146, highlighting the company's strong growth in the medical device sector. This adjustment reflects confidence in Abbott's innovative products and their potential to capture a larger market share, which is great news for investors looking for promising opportunities in healthcare.
Big Banks Cash In on Well-Heeled Borrowers
PositiveFinancial Markets
Big banks like JPMorgan, Bank of America, and Wells Fargo are thriving as they report strong performance among their affluent borrowers. This is significant because it indicates a stable financial environment for these institutions, suggesting that their consumer clients are managing their finances well despite broader economic uncertainties.
Disney's ‘Tron: Ares’ box office bomb isn't as bad as it seems
PositiveFinancial Markets
Despite the disappointing box office performance of 'Tron: Ares', Disney is showing resilience and adaptability in its business model. Recent analysis from Wells Fargo highlights a positive outlook for Disney, projecting a significant upside in stock value. This shift indicates that Disney's focus on its Experiences unit, which includes theme parks and cruises, is proving to be a strong revenue driver, suggesting that the company is evolving beyond just film production. This matters because it reflects Disney's ability to innovate and thrive in a changing entertainment landscape.
Wells Fargo stock hits all-time high at 86.67 USD
PositiveFinancial Markets
Wells Fargo's stock has reached an all-time high of 86.67 USD, marking a significant milestone for the bank and its investors. This surge reflects strong financial performance and investor confidence, which is crucial in today's competitive market. As the economy continues to recover, this achievement highlights Wells Fargo's resilience and potential for future growth.
Abbott Labs earnings matched, revenue fell short of estimates
NegativeFinancial Markets
Abbott Labs reported earnings that matched expectations, but its revenue fell short of estimates, raising concerns among investors. This discrepancy highlights potential challenges the company may face in maintaining growth, especially in a competitive market. Understanding these financial results is crucial for stakeholders as they navigate future investments and strategies.
Latest from Financial Markets
Newsmax to Start Crypto Reserve Including Bitcoin, Trump Coin
PositiveFinancial Markets
Newsmax is making headlines by announcing its plan to invest up to $5 million in cryptocurrencies, including Bitcoin and the newly introduced Trump Coin. This move is significant as it positions Newsmax as a potential pioneer on the NYSE, being the first company to purchase Trump Coin. This initiative not only reflects the growing acceptance of digital currencies but also highlights the intersection of media and finance, which could attract more attention to both the company and the cryptocurrency market.
U.S. carmakers gain ground on tariff relief report
PositiveFinancial Markets
Recent reports indicate that U.S. carmakers are making significant progress towards tariff relief, which could greatly benefit the automobile industry. This development is crucial as it may lead to reduced costs for manufacturers and consumers alike, fostering economic growth and enhancing competitiveness in the global market.
CSX Q3 2025 slides: Revenue dips, operational metrics improve amid mixed markets
NeutralFinancial Markets
CSX reported a dip in revenue for Q3 2025, reflecting the challenges posed by mixed market conditions. However, the company noted improvements in operational metrics, which is a positive sign for its efficiency and future performance. This balance of declining revenue and enhanced operations highlights the complexities of the current transportation landscape, making it crucial for stakeholders to monitor how these factors will influence CSX's strategy moving forward.
Opinion | Bulldozing Race Conscious Road Work
PositiveFinancial Markets
The recent opinion piece discusses the much-needed reform of federal preferences for disadvantaged firms in road work projects. This change is significant as it aims to create a more equitable playing field in the construction industry, allowing for greater participation from diverse businesses. By addressing these preferences, the government can ensure that resources are allocated fairly, ultimately leading to improved infrastructure and community development.
América Móvil reports 4.2% revenue growth for Q3, net income rises to MXN 22.7B
PositiveFinancial Markets
América Móvil has reported a 4.2% revenue growth for the third quarter, with net income rising to MXN 22.7 billion. This growth is significant as it reflects the company's strong performance in a competitive telecommunications market, showcasing its ability to adapt and thrive. Such financial results not only boost investor confidence but also indicate a positive trend for the company's future prospects.
Spirit Airlines to furlough another 365 pilots in restructuring
NegativeFinancial Markets
Spirit Airlines has announced plans to furlough an additional 365 pilots as part of its ongoing restructuring efforts. This decision highlights the challenges the airline industry continues to face, particularly in the wake of the pandemic. The furloughs not only impact the pilots and their families but also reflect broader issues within the aviation sector, including staffing shortages and financial instability. As Spirit navigates these turbulent times, the future of its workforce and service offerings remains uncertain.