RBC Capital Reiterates Outperform on Johnson & Johnson, Maintains $181 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Shagun Singh has reiterated an Outperform rating on Johnson & Johnson (JNJ) and maintained a price target of $181.
February 28, 2024 | 3:22 pm
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RBC Capital maintains an Outperform rating on Johnson & Johnson with a $181 price target.
The reiteration of an Outperform rating and a maintained price target of $181 by a reputable analyst like Shagun Singh from RBC Capital is likely to instill confidence among investors and could positively influence Johnson & Johnson's stock price in the short term. Analyst ratings, especially from well-regarded financial institutions, can significantly impact investor sentiment and stock prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100