Cantor Fitzgerald Reiterates Overweight on Johnson & Johnson, Maintains $215 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Louise Chen has reiterated an Overweight rating on Johnson & Johnson (NYSE:JNJ) and maintained a price target of $215. This reaffirmation of the company's stock rating and price target suggests continued confidence in Johnson & Johnson's performance and potential for growth.
November 20, 2023 | 5:16 pm
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POSITIVE IMPACT
Cantor Fitzgerald analyst Louise Chen has maintained an Overweight rating and a $215 price target for Johnson & Johnson, indicating a positive outlook for the company's stock.
The reiteration of an Overweight rating and the maintenance of a $215 price target by a reputable analyst like Louise Chen from Cantor Fitzgerald could lead to increased investor confidence in Johnson & Johnson. This positive endorsement is likely to have a favorable impact on the stock price in the short term as it suggests that the analyst sees potential for the stock to perform well.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100