Johnson & Johnson (JNJ) Tops Q3 EPS by 7c; Boosts FY14 EPS Outlook

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Johnson & Johnson (JNJ) PT, Estimates Cut at BofA/Merrill Lynch Post Q3

October 15, 2014 7:23 AM EDT

BofA/Merrill Lynch analyst Bob Hopkins lowered his price target on Johnson & Johnson (NYSE: JNJ) to $99.00 (from $106.00) while reiterated a Neutral rating following 'solid' Q3 results.

Hopkins said while solid the quarter also highlighted a number of likely EPS headwinds for... More