J&J beats Wall St estimates on strong drug sales ahead of Stelara competition

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RBC Capital Reiterates Outperform Rating on Johnson & Johnson (JNJ)

July 18, 2024 6:14 AM EDT

RBC Capital analyst Shagun Singh reiterated an Outperform rating and $175.00 price target on Johnson & Johnson (NYSE: JNJ).

The analyst comments "JNJ's stock traded higher (+3.7%) post-Q2'24 beat. It maintained its FY24 adjusted operational sales growth outlook but lowered adjusted EPS to reflect M&A-related... More

Johnson & Johnson (JNJ) PT Raised to $160 at Stifel

July 17, 2024 1:58 PM EDT

Stifel analyst Rick Wise raised the price target on Johnson & Johnson (NYSE: JNJ) to $160.00 (from $155.00) while maintaining a Hold rating.

The analyst comments "Offsetting concerns about China and competitive pressures, JNJs robust Innovative Medicine (65.5% of sales, +8.8% y/y) performance reiterated a still-positive 2H24 growth... More