Abbott (ABT) Stock Rated Buy on Strong Diabetes Trial Results

2 hours ago 1

Sheryar Siddiq

Tue, March 24, 2026 astatine 6:27 AM CDT 1 min read

Abbott Laboratories (NYSE:ABT) ranks among the best astir progressive stocks to bargain close now. Following encouraging results from Abbott Laboratories (NYSE:ABT)’s FreeDM trial, Benchmark reiterated a Buy standing and $145 terms people for the company’s shares connected March 13. In examination to individuals utilizing full humor glucose meters with fingerstick humor samples, the proceedings demonstrated that patients with Type 2 diabetes connected basal insulin therapy who employed FreeStyle Libre continuous glucose monitoring exertion achieved amended glucose results.

The findings from the UK proceedings were supported by a 2nd interventional proceedings from Italy delivered astatine the aforesaid conference. Both results stress the request for expanded security sum of continuous glucose monitoring successful European nations wherever Libre has not been officially covered.

Although nary determination is expected precise soon, the CMS is reasoning astir expanding compensation successful the US. According to Benchmark, arsenic 1 of the apical providers of continuous glucose monitoring, Abbott Laboratories (NYSE:ABT) is well-positioned to nett from this development.

Abbott Laboratories (NYSE:ABT) is simply a starring planetary healthcare institution that manufactures a wide scope of branded generic medications, aesculapian devices, diagnostics, and nutritional items.

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