Concurrent Investment Advisors LLC Purchases 17,137 Shares of Abbott Laboratories $ABT

Concurrent Investment Advisors LLC increased its stake in Abbott Laboratories (NYSE:ABT) by 23.9%, acquiring an additional 17,137 shares to bring its total holdings to 88,784 shares, valued at approximately $11.124 million. Abbott Laboratories recently reported strong quarterly earnings, with EPS exceeding expectations and revenue up 7.8% year-over-year, and declared a quarterly dividend of $0.63. Despite some analysts trimming price targets, the consensus rating for ABT remains a “Moderate Buy” with an average price target of $119.43.

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