Morgan Stanley Maintains Equal-Weight on Johnson & Johnson, Raises Price Target to $187
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Terence Flynn has maintained an Equal-Weight rating on Johnson & Johnson (NYSE:JNJ) and raised the price target from $183 to $187.
July 11, 2023 | 1:26 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Johnson & Johnson and raised the price target from $183 to $187.
The news is directly related to Johnson & Johnson and is likely to have a positive impact on its stock price in the short term. The increase in the price target by a reputable financial institution like Morgan Stanley indicates a positive outlook for the company's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100