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AbbVie (NYSE:ABBV) Trading 1.8% Higher - Time to Buy?
AbbVie (ABBV) shares rose 1.8% after reporting strong Q4 earnings, beating EPS and revenue estimates, and providing robust FY-2026 guidance. The company’s positive clinical developments support its outlook, but a lawsuit challenging Medicare drug-price negotiations for Botox under the Inflation Reduction Act introduces legal uncertainty that could impact future sales and margins. Analysts have mixed reactions, with an average price target of $251.00 and a “Moderate Buy” consensus.