PS
Piyush Soni• 1d ago
JPMorgan has lowered its outlook for Abbott India due to concerns about the company's growth, now categorizing it as 'Neutral'. The revised target suggests a more cautious view on the company's potential returns.
JPMorgan has lowered its outlook for Abbott India due to concerns about the company's growth, now categorizing it as 'Neutral'. The revised target suggests a more cautious view on the company's potential returns.
JPMorgan has reduced its stance on Abbott India to neutral and lowered the price target by nearly 20%, due to growth concerns. However, Abbott's collaboration with Novo Nordisk for semaglutide marketing has helped the stock rise 1.2% today, despite a 10% decrease year-to-date in 2026.