Abt stock price is drawing attention after recent

ABT stock price is drawing attention after recent analyst upgrades. Price targets have been adjusted upward to $120, backed by stronger growth in overseas markets and favorable currency movements. Ahead of the event, analysts expect ABT to report a profit of $1.30 per share on a diluted basis, up 7.4% from $1.21 per share in the year-ago quarter. The company has beat or matched Wall Street’s EPS estimates in its last four quarterly reports. These are just a few of the metrics contributing to NVST's Value grade of B and ABT's Value grade of C. The ABT stock price pattern reveals consolidation near $112, a technical formation suggesting accumulation by institutional investors. This often precedes upward price movements, especially when coupled with revenue momentum.