AbbVie (NYSE:ABBV) Lowered to "Underperform" at BMO Capital Markets

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The stock increased 1.61% or $1.82 during the last trading session, reaching $114.9. About 3.80M shares traded. ADTRAN, Inc. (NASDAQ:ADTN) has risen 6.95% since February 16, 2017 and is uptrending. It has outperformed by 56.14% the S&P500.

Ntv Asset Management Llc decreased its stake in Abbvie Inc (ABBV) by 16.13% based on its latest 2017Q3 regulatory filing with the SEC. Verity & Verity Llc bought 7,755 shares as the company's stock rose 6.17% with the market. The institutional investor held 164,062 shares of the major pharmaceuticals company at the end of 2017Q3, valued at $14.58M, down from 167,968 at the end of the previous reported quarter. The company has market cap of $182.47 billion. The stock decreased 0.66% or $0.12 during the last trading session, reaching $17.99. About 1.82 million shares traded or 9.43% up from the average. AbbVie Inc. (NYSE:ABBV) has risen 10.63% since February 15, 2017 and is uptrending. It has underperformed by 33.21% the S&P500. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. Therefore 69% are positive. Etrade Cap Management Ltd reported 0.38% in AbbVie Inc. RBC Capital Markets maintained the shares of INTC in report on Friday, November 20 with "Sector Perform" rating.

In other AbbVie news, Chairman Richard A. Gonzalez sold 218,193 shares of the company's stock in a transaction that occurred on Tuesday, November 21st. The rating was upgraded by Morgan Stanley to "Overweight" on Wednesday, January 3. Atlantic Securities has "Neutral" rating and $59 target. The company was maintained on Wednesday, June 7 by Credit Suisse. (NYSE:ABBV) were released by: Seekingalpha.com and their article: "AbbVie's Bright Future" published on January 30, 2018 as well as Seekingalpha.com's news article titled: "AbbVie's New Capital Return Program And How It Impacts Expected Total Returns" with publication date: February 16, 2018. The stock of Intel Corporation (NASDAQ:INTC) earned "Hold" rating by Northland Capital on Friday, October 27. The rating was maintained by BMO Capital Markets on Sunday, July 30 with "Hold". Princeton Capital Management Inc. bought a new stake in shares of AbbVie during the second quarter worth $1,394,000.

Short interest is another tool that analysts use to gauge investor sentiment. Its the same as in 2017Q2. Segment Wealth Limited Liability invested in 67,679 shares. Usa Financial Portformulas reported 5,507 shares. BlackRock Inc. raised its stake in AbbVie by 2.0% during the second quarter. Miller Management LP owns 13,000 shares. Retirement Sys Of Alabama holds 280,225 shares. Mount Vernon Assocs Md has 46,675 shares. Investors of record on Friday, April 13th will be paid a dividend of $0.96 per share. Psagot Investment House holds 17,700 shares. (NASDAQ:ADTN). State Of Alaska Department Of Revenue invested in 9,564 shares or 0.01% of the stock. Grandfield & Dodd accumulated 12,897 shares. It dived, as 18 investors sold KBR shares while 68 reduced holdings. Weiss Multi holds 0.39% of its portfolio in Oracle Corporation (NYSE:ORCL) for 215,000 shares. (NYSE:ABBV) was sold by Schumacher Laura J. The company reported $1.48 EPS for the quarter, beating the consensus estimate of $1.44 by $0.04. Its up 0.36, from 1.16 in 2017Q2. It fall, as 55 investors sold AbbVie Inc. shares while 640 reduced holdings. 29 funds opened positions while 47 raised stakes. Ardsley Advisory Ptnrs invested in 5,000 shares. Stratford Consulting Ltd invested 0.11% of its portfolio in AbbVie Inc. (NYSE:ABBV). Ubs Asset Mgmt Americas holds 5.93M shares or 0.48% of its portfolio. Outfitter Limited has invested 0.16% of its portfolio in AbbVie Inc. (NYSE:ABBV) for 94,200 shares. Mai Capital Mngmt reported 37,867 shares or 0.2% of all its holdings. $8.57 million worth of AbbVie Inc. (NYSE:EGHT) for 16,616 shares. Glenmede Trust Company Na holds 0.01% or 159,151 shares in its portfolio. Ifc Holding Incorporated Fl owns 25,115 shares for 0.16% of their portfolio. Park Natl Corporation Oh invested in 290,783 shares. (NYSE:C). Raymond James And has 0.2% invested in Citigroup Inc. Ledyard Retail Bank accumulated 0.02% or 3,528 shares.

Ntv Asset Management Llc, which manages about $344.82M US Long portfolio, upped its stake in Schlumberger Ltd (NYSE:SLB) by 5,510 shares to 40,869 shares, valued at $2.85M in 2017Q3, according to the filing. It also reduced its holding in Lockheed Martin Corp (NYSE:LMT) by 1,722 shares in the quarter, leaving it with 23,454 shares, and cut its stake in Abbott Labs (NYSE:ABT).

AbbVie (NYSE:ABBV) was downgraded by analysts at BMO Capital Markets from a "market perform" rating to an "underperform" rating in a research note issued to investors on Monday, January 29th, Marketbeat.com reports. Therefore 32% are positive.

AbbVie Inc. has been given an analysts' mean target of 125.2. The company was upgraded on Tuesday, August 11 by TheStreet. The stock of 8×8, Inc. (NASDAQ:ADTN) earned "Buy" rating by Northland Capital on Thursday, January 18. Sunbelt Securities has 1.45% invested in AbbVie Inc. The rating was maintained by Jefferies with "Buy" on Friday, August 18. Credit Suisse maintained it with "Hold" rating and $65 target in Wednesday, June 7 report. The rating was maintained by Cowen & Co on Monday, November 20 with "Buy". The rating was initiated by Deutsche Bank with "Hold" on Tuesday, March 15. On Thursday, September 8 the stock rating was downgraded by JP Morgan to "Neutral".

Since January 30, 2018, it had 0 buys, and 1 sale for $1.79 million activity. The insider RICHMOND TIMOTHY J. sold 87,040 shares worth $8.57M. Moreover, Pinnacle Associates Limited has 0.27% invested in AbbVie Inc. (NYSE:ABBV) or 42,700 shares. Abbvie Inc now has $189.99B valuation. With 4.10 million avg volume, 3 days are for Abbvie Incorporated (NYSE:ABBV)'s short sellers to cover ABBV's short positions.

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