B of A Securities Maintains Neutral on Johnson & Johnson, Lowers Price Target to $170
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Geoff Meacham maintains a Neutral rating on Johnson & Johnson (JNJ) and lowers the price target from $180 to $170.
April 17, 2024 | 10:33 am
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NEGATIVE IMPACT
B of A Securities maintains a Neutral rating on Johnson & Johnson and lowers the price target from $180 to $170.
The reduction in price target by B of A Securities reflects a negative outlook on Johnson & Johnson's stock price in the short term. A lower price target often leads to a negative perception among investors, potentially causing a decrease in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100