Mizuho reiterates Neutral on Abbott Labs stock, keeps $115 target
Mizuho maintained a Neutral rating and $115 target for Abbott Labs (ABT), citing segment challenges and operational headwinds. ABT reported Q3 2026 earnings of $1.42 per share, meeting estimates, with revenue at $13.01B. The company lowered full-year sales guidance and plans to spin off its Nutrition business by 2027. BTIG cut its target to $125 but kept a Buy rating.
How this was made
The 30-second read
Why it matters
The earnings beat is offset by the guidance cut and restructuring, likely prompting a short‑term sell‑off while long‑term investors may reassess the company's growth profile.
Market read
Abbott's mixed earnings and strategic changes provide fresh material for traders, with immediate downside risk but potential longer‑term restructuring upside.
What to watch
Potential upside from the Volt launch and stable electrophysiology mapping business, plus dividend resilience.
Background
Abbott Laboratories reported Q3 2026 results with revenue of $13.01 bn and EPS of $1.42, beat estimates, but lowered full‑year sales guidance and announced a Nutrition business spin‑off by end‑2027.
Ticker impact
Mizuho reiterated a Neutral rating on Abbott Laboratories, citing Q3 2026 earnings, a downward revision of full-year sales guidance and a planned spin‑off of the Nutrition business.
likely pressure as the market prices in the lower sales guidance and the uncertainty of the upcoming spin‑off.
The article provides fresh earnings numbers, a guidance reduction and a strategic restructuring, all of which are new and material for a large‑cap stock.
Market effects
The nutrition spin‑off may create a new pure‑play nutrition company, affecting peers in the health‑care consumer segment.
U.S. healthcare sector may see modest re‑rating as analysts adjust expectations for Abbott.
Limited; primarily impacts U.S. and global healthcare investors tracking Abbott.
Counterpoint
The spin‑off could unlock value in the Nutrition unit, and the guidance cut may be temporary, offering a buying opportunity at lower levels.
Key entities
- AnalystMizuho
Reiterated Neutral rating and $115 price target for Abbott.
- AnalystBTIG
Reduced price target to $125 while maintaining Buy rating.

