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 (JNJ) and maintained a price target of $215. This reaffirms the firm's positive outlook on JNJ's stock.
March 13, 2024 | 4:16 pm
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Cantor Fitzgerald analyst Louise Chen reaffirmed an Overweight rating on Johnson & Johnson with a $215 price target, indicating a positive outlook.
The reiteration of an Overweight rating and maintenance of a $215 price target by a reputable analyst suggests a strong confidence in Johnson & Johnson's future performance. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
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IMPORTANCE 80
RELEVANCE 100