Economy

Johnson & Johnson (JNJ) Price Target Raised to $165.00

Johnson & Johnson (JNJ) Price Target Raised to $165.00”

About 219,594 shares traded. Abbott Laboratories (NYSE:ABT) has risen 15.90% since October 18, 2016 and is uptrending. It has underperformed by 16.70% the S&P500. The stock of Johnson & Johnson (NYSE:JNJ) earned "Hold" rating by Stifel Nicolaus on Tuesday, July 18.

Callitas Health Inc, formerly M Pharmaceutical Inc, is a Canada biomedical technology company. Adams Express Company who had been investing in Johnson & Johnson for a number of months, seems to be bullish on the $376.86B market cap company. The stock has reached the $140.25 mark after a recent check. Public Employees Retirement System Of Ohio holds 1.39% or 1.91M shares. InterDigital, Inc. (NASDAQ:IDCC) has risen 50.23% since October 18, 2016 and is uptrending. It has underperformed by 4.16% the S&P500.

Pecaut & Company, which manages about $191.04M and $120.81M US Long portfolio, decreased its stake in Unilever Plc (NYSE:UL) by 6,800 shares to 6,000 shares, valued at $325,000 in 2017Q2, according to the filing.

Analysts await Pixelworks, Inc. They expect $2.06 earnings per share, down 10.82% or $0.25 from last year's $2.31 per share. ETR's profit will be $369.92 million for 10.27 P/E if the $2.06 EPS becomes a reality. $75,740 worth of Entergy Corporation (NYSE:ETR) was sold by Riley Richard C on Friday, May 12.

Investors sentiment decreased to 0.83 in Q2 2017. Its up 0.27, from 1.11 in 2017Q1. It improved, as 31 investors sold Flowers Foods, Inc. shares while 70 reduced holdings. 147.26 million shares or 0.66% less from 148.24 million shares in 2017Q1 were reported. Raymond James And Associate holds 390,274 shares. Invesco Ltd stated it has 395,223 shares or 0.01% of all its holdings. Insiders own 0.19% of the company's stock. Finally, Alembic Global Advisors cut shares of Johnson & Johnson from a neutral rating to an underweight rating in a research note on Friday, July 21st. 7,976 are held by Northwestern Mutual Wealth. Sandhill Capital Partners Limited Liability Co holds 7,995 shares or 0.22% of its portfolio. Mai Mgmt accumulated 149,066 shares. Hyman Charles D holds 44,634 shares or 0.1% of its portfolio. Convergence Investment Ptnrs Ltd Liability Corporation invested 0.26% of its portfolio in Entergy Corporation (NYSE:ETR). Hills Bank And Trust holds 43,568 shares or 1.86% of its portfolio.

Among 23 analysts covering Johnson & Johnson (NYSE:JNJ), 12 have Buy rating, 5 Sell and 6 Hold. Therefore 25% are positive. Aegerion Pharmaceuticals had 9 analyst reports since July 28, 2015 according to SRatingsIntel. As per Monday, May 15, the company rating was upgraded by JP Morgan. On Sunday, August 27 the stock rating was maintained by RBC Capital Markets with "Buy". The rating was maintained by Cowen & Co on Tuesday, June 13 with "Buy". The company has an average rating of Hold and an average price target of $138.35. At the moment, the average analyst rating for JNJ is Hold. On Thursday, August 24 the stock rating was maintained by Cowen & Co with "Buy". The stock of Johnson & Johnson (NYSE:JNJ) earned "Hold" rating by Jefferies on Tuesday, September 13. The stock of Intelsat SA (NYSE:I) earned "Market Perform" rating by Wells Fargo on Friday, February 26.

More notable recent Johnson & Johnson (NYSE:JNJ) news were published by: Marketwatch.com which released: "Johnson & Johnson earnings: All eyes on hurricane impact" on October 16, 2017, also Huffingtonpost.com with their article: "Johnson & Johnson Wins Reversal Of $72 Million Verdict Over Baby Powder Cancer ..." published on October 17, 2017, Seekingalpha.com published: "Johnson & Johnson (JNJ) Q3 2017 Results - Earnings Call Transcript" on October 17, 2017. Finally, Alpine Woods Capital Investors LLC increased its holdings in shares of Johnson & Johnson by 1.6% in the 2nd quarter. 105 funds opened positions while 667 raised stakes. Brouwer Janachowski Ltd has invested 0.08% of its portfolio in Johnson & Johnson (NYSE:JNJ). Garrison has invested 2.36% in Johnson & Johnson (NYSE:JNJ). It has been nearly incredible to see just how many price targets have been raised for Johnson & Johnson, and these are considerably higher (see below) than they were at the end of 2016. Benchmark Advsrs holds 2,948 shares. Jacobs And Ca has 0.05% invested in Johnson & Johnson (NYSE:JNJ). Martin Com Tn accumulated 23,607 shares or 0.96% of the stock. Weatherstone Cap has invested 0.2% of its portfolio in Johnson & Johnson (NYSE:JNJ). Hays Advisory LLC now owns 2,071 shares of the company's stock valued at $258,000 after acquiring an additional 203 shares during the last quarter. Prospera Financial Services Inc boosted its holdings in shares of Johnson & Johnson by 3.3% in the 1st quarter. National Planning has invested 0.55% in Johnson & Johnson (NYSE:JNJ). Visionary Asset Management Inc. now owns 28,450 shares of the company's stock valued at $3,543,000 after acquiring an additional 746 shares during the last quarter.

As for the full year outlook, Johnson & Johnson increased both its EPS forecast to $7.25 to $7.30 and sales guidance to $76.1 billion to $76.5 billion.



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