UPDATE: Jefferies Lowers PT on Abbott Laboratories as Top US Pharma Pick

By: Benzinga
In a report published Friday, Jefferies analyst Jeffrey Holford reiterated a Buy rating on Abbott Laboratories (NYSE: ABT ), but lowered the price target from $46.00 to $44.00. In the report, Jefferies noted, “We reiterate Novartis as our Top European and Global Pick with positive growth inflection potential in 2014
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