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AbbVie Is 'Successfully Positioned To Absorb Humira Biosimilar Erosion': Analyst

Summary

Cantor Fitzgerald initiates coverage on AbbVie with an Overweight rating and a $200 price target. AbbVie is set to manage Humira biosimilar erosion, drive growth with Skyrizi, Rinvoq, and emraclidine, and achieve a high single-digit CAGR from 2024 to 2029.

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Article published on May 17, 2024 by benzinga