Brean Murray Carret & Co. Starts Johnson & Johnson (JNJ) at Buy
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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
Rating Summary:
8 Buy, 9 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 25 | New: 24
Trade JNJ Now!
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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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.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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