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Abbottâs ABT diversified business portfolio is well-positioned to drive continued momentum in 2024. However, a challenging macroeconomic environment continues to dent Abbottâs business globally. The stock carries a Zacks Rank #3 (Hold) currently.
Abbott continues to expand its Diagnostics business foothold (consisting of 22.2% of the total revenues in the first quarter of 2024). Over the past few quarters, the company has witnessed increased demand for routine diagnostics, particularl...
>>> Read more: Abbott's (ABT) EPD Expansion Continues Despite FX Headwind
Abbott continues to expand its Diagnostics business foothold (consisting of 22.2% of the total revenues in the first quarter of 2024). Over the past few quarters, the company has witnessed increased demand for routine diagnostics, particularl...
>>> Read more: Abbott's (ABT) EPD Expansion Continues Despite FX Headwind