Economy

Johnson & Johnson tops Street 3Q forecasts, hikes forecast

Johnson & Johnson tops Street 3Q forecasts, hikes forecast”

The stock has "Buy" rating by Jefferies on Wednesday, October 11. The firm earned "Hold" rating on Monday, January 30 by Liberum Capital. Atlanta Capital L L C reported 0.22% of its portfolio in Johnson & Johnson (NYSE:JNJ). The stock has "Hold" rating by Citigroup on Monday, September 25. Old Point Services N A holds 4.71% in Johnson & Johnson (NYSE:JNJ) or 61,326 shares. Alembic downgraded the shares of JNJ in report on Friday, July 21 to "Underweight" rating. Marshwinds Advisory stated it has 1.21% of its portfolio in Johnson & Johnson (NYSE:JNJ). Cowen & Co has "Buy" rating and $147.0 target. The firm earned "Hold" rating on Friday, July 14 by Jefferies. Cowen & Co maintained it with "Buy" rating and $147.0 target in Thursday, August 24 report. RBC Capital Markets maintained the stock with "Outperform" rating in Wednesday, October 7 report.

More notable recent Johnson & Johnson (NYSE:JNJ) news were published by: Cnbc.com which released: "Sell Johnson & Johnson because of its "stretched" valuation: Goldman" on September 20, 2017, also Seekingalpha.com with their article: "Take Profits On Johnson & Johnson" published on October 16, 2017, Fool.com published: "Is Johnson & Johnson the Best Dividend Stock in Healthcare?" on October 11, 2017. The stock of Johnson & Johnson (NYSE:JNJ) has "Buy" rating given on Thursday, August 31 by UBS.

Investors sentiment increased to 1.27 in 2017 Q2. Its down 0.10, from 0.98 in 2017Q1. 111 funds opened positions while 197 raised stakes. Sg Americas Securities Ltd owns 310,595 shares for 0.37% of their portfolio. Meeder Asset Mngmt Inc holds 0% or 114 shares in its portfolio. Lawson Kroeker Inv Inc Ne stated it has 118,985 shares or 0.75% of all its holdings. First Citizens Bankshares And Trust Communication invested in 97,260 shares or 1.65% of the stock. Fiduciary Tru invested 0.01% of its portfolio in Tesla Inc (NASDAQ:TSLA). Horan Capital Advsr Limited Liability Corporation holds 1.56% or 17,340 shares. Ironwood Limited Liability Corporation reported 263 shares or 0.02% of all its holdings. Rosenblum Silverman Sutton S F Incorporated Ca accumulated 4,839 shares. Reilly Fin Advisors Lc reported 8,464 shares or 0.26% of all its holdings. "Delays Its Semi Truck Unveiling" published on October 07, 2017, Fool.com published: "A reality check" on September 18, 2017.

Another recent and important St. Joe Co (NYSE:JOE) news was published by Mlive.com which published an article titled: "Police seek stolen ATV in St. Joseph County" on October 15, 2017. Given its history, traders can expect very active trading in the issue immediately following its quarterly earnings announcement.

Johnson & Johnson shares looked set for a positive start today after the company reported strong financial results for the third quarter and raised its guidance for the full year.

Dow component Johnson & Johnson (JNJ) early Tuesday reported adjusted income of $1.90 per share on sales of $19.7 billion for the third quarter compared with $1.68 and $17.8 billion, respectively, in the year-earlier period.

Since May 23, 2017, it had 2 buys, and 0 selling transactions for $42,222 activity. Bogart Wealth LLC now owns 6,006 shares of the company's stock valued at $795,000 after purchasing an additional 378 shares in the last quarter. LYLES LESTER L sold $500,014 worth of stock.

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