Major Bank Rating | Baird: Initiates Abbott with an "Outperform" rating and a target price of $121

格隆汇2026/07/03 03:26

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Glonghui, July 3 — Baird has initiated research coverage of Abbott Laboratories, giving it an “Outperform” rating and setting a target price of $121. According to Baird, this diversified healthcare company is likely to achieve stronger earnings growth thanks to its broad product portfolio and upcoming product launches, despite facing some short-term headwinds.

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Volkswagen expects the Group's operating sales return in 2026 to reach a maximum of only 1%, far below the previously projected 4% to 5.5%. The company anticipates that special items will impact full-year operating profit by about 10 billion euros, with around 6 billion euros attributable to non-cash impairments of goodwill in Porsche's operations. Increased competitiveness from Chinese automakers and accelerated consumer demand shift toward pure electric vehicles are also significant pressures facing Volkswagen. As a result of this news, Volkswagen's share price closed down 5.6% on Friday.

华尔街见闻•2026/09/18 21:51