Johnson & Johnson (JNJ) April 148 straddle into quarter results

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Johnson & Johnson (JNJ) PT Lowered to $175 at RBC Capital

April 17, 2024 7:05 AM EDT

RBC Capital analyst Shagun Singh lowered the price target on Johnson & Johnson (NYSE: JNJ) to $175.00 (from $181.00) while maintaining a Outperform rating.

The analyst comments "JNJ's stock traded modestly lower post-Q1'24, where it delivered inline sales and EPS beat. JNJ tightened FY24 operational guidance... More

Johnson & Johnson (JNJ) posts mixed results, narrows full-year guidance

April 16, 2024 6:45 AM EDT

Johnson & Johnson (NYSE: JNJ) reported mixed financial results for the first quarter of 2024, with adjusted earnings per share (EPS) slightly surpassing analyst expectations, while revenue fell marginally short of estimates. The healthcare giant posted an adjusted EPS of $2.71, which was $0.07 higher than the consensus estimate of $2.64. However, quarterly revenue was a hair's breadth away from consensus, coming in at $21.38 billion against... More