Brean Murray Carret & Co. Starts Johnson & Johnson (JNJ) at Buy

June 15, 2011 6:56 AM EDT Send to a Friend
Get Alerts JNJ Hot Sheet
Price: $88.59 +0.66%

Rating Summary:
    8 Buy, 9 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 25 | New: 24
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Brean Murray Carret & Co. initiates coverage on Johnson & Johnson (NYSE: JNJ) with a Buy. PT $77.

Brean analyst said, "After several years of subpar fundamentals and some unexpected headwinds, J&J appears poised for earnings reacceleration, due to a pipeline-driven revenue upswing in Pharma, stable , MD&D trends and trough for Consumer sales.

For more ratings news on Johnson & Johnson click here and for the rating history of Johnson & Johnson click here.

Shares of Johnson & Johnson closed at $67.10 yesterday, with a 52 week range of $56.86-$67.37.


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