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UBS keeps its Buy rating on Abbott after its acquisition of Exact Sciences, boosting its cancer screening capabilities.
UBS maintains its Buy rating on Abbott Laboratories after the company acquired Exact Sciences, boosting Abbott’s foothold in non-invasive cancer screening, particularly colorectal cancer detection through the Cologuard test.
The investment bank views the acquisition as strategically sound, expecting long-term accretion from synergies and rising demand for early disease detection.
UBS highlights Abbott’s strong cash flow, diversified business across medical devices, pharmaceuticals, and nutrition, and innovation pipeline as key strengths supporting sustained growth and shareholder value despite market volatility and rising healthcare costs.
UBS mantiene su Buy rating en Abbott después de su adquisición de Exact Sciences, aumentando sus capacidades de detección de cáncer.