Investment
Features
FeesSafety
Academy
More
Pluang+

BofA raises price targets on AbbVie and J&J, favoring AbbVie for long-term growth and dividends.

Analyst Insights
30 Sep 2026
24/7 Wall Street
View Source
Bullish
BofA raises price targets on AbbVie and J&J, favoring AbbVie for long-term growth and dividends.

Bank of America increased price targets for AbbVie to $289 and Johnson & Johnson to $278, maintaining Buy and Neutral ratings respectively. AbbVie is favored due to its strong growth potential, robust pipeline, and attractive valuation at 16 times forward earnings versus J&J's 21 times. Both companies are navigating patent cliffs with new drug launches and acquisitions, supporting dividend growth. Upcoming catalysts include J&J's business review and AbbVie's U.S. decision on Skyrizi dosing, making AbbVie more appealing for long-term investors.

AbbVie shares are trading near their 52-week high at USD 266.00, up 1.04% on Pluang, with a dividend yield of 2.63% as of Sep 30, 2026 18:15 WIB. Johnson & Johnson is priced at USD 267.32, slightly down 0.09%, with a 2% dividend yield and a 94% Sell order activity on Pluang at the same time.

More News (ABBV)

AbbVie’s ABBV-295 shows promising weight loss and flexible dosing in Phase 1 obesity trial

AbbVie’s ABBV-295 shows promising weight loss and flexible dosing in Phase 1 obesity trial

AbbVie announced positive Phase 1 results for ABBV-295, a long-acting amylin analog for obesity treatment, showing meaningful weight loss of up to 9.8% over 12-13 weeks with weekly, biweekly, and monthly dosing options. The drug demonstrated a half-l...

Company Fundamentals
Bullish
8 hours ago
Phase 2 trial shows zumilokibart improves moderate-to-severe atopic dermatitis, advancing to Phase 3.

Phase 2 trial shows zumilokibart improves moderate-to-severe atopic dermatitis, advancing to Phase 3.

AbbVie announced positive Phase 2 results for zumilokibart, a monoclonal antibody targeting IL-13, in adults with moderate-to-severe atopic dermatitis. All dose regimens met the primary endpoint with significant improvements in skin severity and itch...

Company Fundamentals
Bullish
13 hours ago
AbbVie unveils new data on dermatology drugs including risankizumab and upadacitinib at EADV 2026.

AbbVie unveils new data on dermatology drugs including risankizumab and upadacitinib at EADV 2026.

AbbVie presented 60 abstracts at the 2026 European Academy of Dermatology and Venereology Congress, showcasing new data on its dermatology portfolio including approved drugs risankizumab (SKYRIZI) and upadacitinib (RINVOQ), as well as investigational...

Market News
Bullish
13 hours ago
AbbVie partners with Valkai to boost AI in clinical drug development, speeding innovation and patient outcomes.

AbbVie partners with Valkai to boost AI in clinical drug development, speeding innovation and patient outcomes.

AbbVie has formed a new collaboration with Valkai to enhance its artificial intelligence (AI) capabilities in clinical development. This partnership aims to improve efficiency in clinical research, accelerate insight generation, and reduce drug devel...

Market News
Bullish
1 day ago
FDA approves JUVMO, a new Parkinson's drug targeting D1/D5 receptors, offering improved motor control with fewer side effects.

FDA approves JUVMO, a new Parkinson's drug targeting D1/D5 receptors, offering improved motor control with fewer side effects.

AbbVie announced FDA approval of JUVMO™ (tavapadon), the first selective D1/D5 receptor agonist for treating adults with Parkinson's disease. JUVMO offers a novel approach to motor symptom control, improving daily functioning and increasing 'on' time...

Market News
Bullish
2 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App