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BofA Cuts AbbVie (ABBV) Target While Maintaining Neutral View

AbbVie Inc. (NYSE:ABBV) is included among the 14 Best Pharma Dividend Stocks to Buy in 2026.

On December 15, BofA lowered the firm’s price target on AbbVie Inc. (NYSE:ABBV) to $233 from $248 and kept a Neutral rating. The firm said it sees “a relatively clean setup” for growth near the top end of the peer group, though that is offset by a premium valuation and limited late-stage pipeline catalysts. As part of the update, BofA shifted its valuation framework to fiscal 2027 estimates.

The stock has climbed more than 28% since the start of 2025. That move has been backed by solid financial performance. Over the first nine months of the year, revenue rose 8% from a year earlier to $44.5 billion. Adjusted earnings per share came in at $7.29, down from $7.96, largely due to acquisition-related charges. That decline is tied to timing and accounting, not to operating weakness.

Momentum should carry into 2026 and likely beyond. Early in 2024, AbbVie Inc. (NYSE:ABBV) laid out long-term guidance calling for high single-digit revenue growth through 2029. Since then, the outlook has improved in a few key areas. The biggest change has come from immunology. AbbVie originally forecast combined 2027 sales of more than $27 billion for Skyrizi and Rinvoq. That estimate has since been lifted by $4 billion. Strong demand for these two drugs remains a central driver of the company’s growth outlook through the end of the decade.

Oncology is also expected to regain traction. Management now sees revenue in that segment starting to move higher again next year, adding another layer of support to the broader growth story.

AbbVie Inc. (NYSE:ABBV) operates as a global biopharmaceutical company focused on discovering, developing, manufacturing, and selling innovative medicines for serious health conditions.

While we acknowledge the potential of ABBV as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ABBV and that has a 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: 10 Cash-Rich Stocks to Buy Now and 15 Global Dividend Stocks to Diversify Your Portfolio.

Disclosure: None.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

How could anything be worth that much?

The answer lies in a breakthrough so powerful it’s redefining how humanity works, learns, and creates.

And this breakthrough has already set off a frenzy among hedge funds and Wall Street’s top investors.

What most investors don’t realize is that one under-owned company holds the key to this $250 trillion revolution.

In fact, Verge argues this company’s supercheap AI technology should concern rivals.

Before I reveal the details, let’s talk about how some of the richest people on the planet are positioning themselves.

  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

Even as we admire what Tesla, Nvidia, Alphabet, and Microsoft have built, we believe an even greater opportunity lies elsewhere…

But the real story isn’t Nvidia — it’s a much smaller company quietly improving the critical technology that makes this entire revolution possible.

And judging by what I’m hearing from both Silicon Valley insiders and Wall Street veterans…

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