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Johnson & Johnson (JNJ) PT Lowered to $144 at RBC Capital

January 23, 2019 6:53 AM EST

RBC Capital analyst Glenn Novarro lowered the price target on Johnson & Johnson (NYSE: JNJ) to $144.00 (from $155.00) while maintaining a Outperform rating.

Novarro notes management has set conservative 2019 guidance. As such, he expects the 'beat and raises' to continue.

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