# Argus Moves Abbott to Hold After 2026 Sales Outlook Cut

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/42195
Published: 2026-10-28T01:13:22.000Z
Updated: 2026-10-28T01:13:22.000Z
Section: Business

> Abbott’s revised full-year sales target followed 7% comparable-sales growth in the third quarter, while its adjusted earnings midpoint stayed unchanged.

Argus Research moved Abbott to Hold Tuesday, Oct. 27, six days after the health care company cut its 2026 comparable-sales growth outlook to about 6% from a 6.5% to 7.5% range.

The revised forecast followed 7% comparable-sales growth in the third quarter. Abbott’s comparable-sales measure excludes foreign-exchange effects and certain revenue tied to a multiyear agreement. TokenPost previously covered [Abbott’s sales outlook reduction](<https://www.tokenpost.com/news/business/37199>).

Abbott narrowed its full-year adjusted diluted earnings-per-share range to $5.50 to $5.55 from $5.45 to $5.60, keeping the midpoint unchanged. It projected fourth-quarter adjusted diluted earnings per share of $1.62 to $1.67.



## Links in this article

- [Abbott’s sales outlook reduction](https://www.tokenpost.com/news/business/37199)
