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Abbott Labs rated Buy with $126 target after acquisition dip, poised for long-term growth.

Company Fundamentals
16 Apr 2026
Seeking Alpha
View Source
Bullish
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Abbott Laboratories is rated Buy with a 12-month price target of $126, seen as a strong entry point after a recent stock decline following its acquisition of Exact Sciences. The acquisition temporarily lowers 2026 earnings per share by $0.20 but adds a promising oncology diagnostics segment, positioning Abbott for sustained growth. Despite trading at a 10-year low valuation of 17.7 times forward earnings, the company maintains solid revenue growth of 7-8% and a 52-year streak of dividend increases. Long-term investors can expect operational leverage, a robust product pipeline, and cost synergies to drive 9-12% earnings growth beyond 2026.

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