Abbott Laboratories Ranks 75th in Trading Volume with $894 Million as Stock Price Rises

Generated by AI AgentAinvest Market Brief
Monday, Apr 14, 2025 8:02 pm ET1min read
ABT--

On April 14, 2025, Abbott LaboratoriesABT-- (ABT) saw a trading volume of $894 million, ranking 75th in the day's stock market activity. The company's stock price increased by 0.85%, marking the second consecutive day of gains, with a total increase of 2.78% over the past two days.

Stifel Nicolaus analyst Rick Wise maintained a Buy rating on AbbottABT-- Laboratories and set a price target of $135.00, reflecting confidence in the company's future performance.

Abbott's first-quarter earnings report is anticipated, with a particular focus on its Medical Devices segment. The Structural Heart, Rhythm ManagementRYTM--, and Neuromodulation businesses are expected to have driven significant growth.

Investors are closely watching Abbott's performance, as it accounts for approximately 18.86% of the total assets in the iShares U.S. Medical Devices ETF, highlighting its substantial influence in the medical devices sector.

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