Abbott Laboratories Expects H2 Growth Driven by Product Launches, Nutrition Recovery, RBC Says

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2026.01.23 17:14
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Abbott Laboratories anticipates growth in H2 2026, driven by new product launches and a recovery in its Nutrition and Diagnostics sectors, according to RBC Capital Markets. Despite facing near-term challenges, the company projects organic revenue growth of 6.5% to 7.5% and adjusted EPS of $5.55 to $5.80. RBC maintains an outperform rating but has lowered its price target to $135 from $147. MedTech and Established Pharmaceuticals showed growth, contributing to a total organic growth of 3.8%.