HSBC Thinks AbbVie Can Climb to $315. Here's the Bull Case in Plain English.
The Motley Fool reports that an analyst sees expanded uses for Rinvoq and Skyrizi supporting a potential AbbVie share price of up to $315. The article presents this bull case as potentially strengthened by further efforts to expand AbbVie’s drug pipeline.
Why it matters — ABBV watchers may follow the drugs’ expanded uses and pipeline efforts as factors in the analyst’s outlook.