Goldman Sachs Maintains Neutral on Johnson & Johnson, Lowers Price Target to $155
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Chris Shibutani maintains a Neutral rating on Johnson & Johnson (NYSE:JNJ) but lowers the price target from $160 to $155.

July 19, 2024 | 5:03 pm
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Goldman Sachs analyst Chris Shibutani maintains a Neutral rating on Johnson & Johnson (NYSE:JNJ) but lowers the price target from $160 to $155.
The lowered price target from $160 to $155 by Goldman Sachs suggests a slightly bearish outlook on Johnson & Johnson's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations.
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