RBC Capital Initiates Coverage On Johnson & Johnson with Outperform Rating, Announces Price Target of $178
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Shagun Singh has initiated coverage on Johnson & Johnson (NYSE:JNJ) with an Outperform rating and a price target of $178.
October 05, 2023 | 9:58 am
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Johnson & Johnson has been given an Outperform rating by RBC Capital, with a price target of $178.
The Outperform rating from RBC Capital indicates that the analyst believes Johnson & Johnson will do better than the market average. This could lead to increased investor confidence and potentially a rise in the stock price. The price target of $178 also suggests that the analyst sees significant upside potential in the stock.
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IMPORTANCE 80
RELEVANCE 100