Daiwa Capital Downgrades Johnson & Johnson to Neutral, Lowers Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Daiwa Capital has downgraded Johnson & Johnson (NYSE:JNJ) from Outperform to Neutral and lowered the price target from $160 to $150.
July 23, 2024 | 9:35 am
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NEGATIVE IMPACT
Daiwa Capital has downgraded Johnson & Johnson from Outperform to Neutral and lowered the price target from $160 to $150.
The downgrade from Outperform to Neutral and the reduction in the price target from $160 to $150 by Daiwa Capital is likely to negatively impact Johnson & Johnson's stock price in the short term. This reflects a less optimistic outlook from the analyst.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100