This Is What Whales Are Betting On Johnson & Johnson
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Johnson & Johnson (NYSE:JNJ), with 50% of the investors opening trades with bullish expectations and 50% with bearish. The whale has been targeting a price range from $160.0 to $210.0 for Johnson & Johnson over the last 3 months. The price of JNJ is up 0.47% at $169.69. Credit Suisse, Raymond James, and Barclays maintain their ratings on JNJ, while Cantor Fitzgerald downgraded its action to Overweight with a price target of $215.
August 04, 2023 | 12:02 pm
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Whale investor has taken a bullish stance on Johnson & Johnson, targeting a price range from $160.0 to $210.0. The price of JNJ is up 0.47% at $169.69.
The bullish stance of a whale investor, who has been targeting a price range from $160.0 to $210.0 for Johnson & Johnson, indicates a positive sentiment towards the stock. This, coupled with the fact that the price of JNJ is up 0.47% at $169.69, suggests a potential upward movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100