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      JPMorgan Maintains Overweight Rating for AbbVie with $260 Price Target

      AbbVie Inc. has experienced a 12% decline in its stock price over the past month, currently trading at approximately $204. Despite this downturn, JPMorgan has reaffirmed its Overweight rating for the company, viewing the current price as a potential buying opportunity for investors.

      The negative sentiment surrounding AbbVie has been attributed to increasing competition, particularly from Johnson & Johnson. JPMorgan analysts believe that the stock's recent performance does not reflect its long-term value, maintaining a price target of $260 per share.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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