Morgan Stanley analyst Terence Flynn maintains $Johnson & Johnson (JNJ.US)$ with a hold rating, and adjusts the target price from $169 to $175.
According to TipRanks data, the analyst has a success rate of 59.8% and a total average return of 11.1% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Johnson & Johnson (JNJ.US)$'s main analysts recently are as follows:
Following a third-quarter report that was broadly in line with projections, including stronger performance in Pharmaceuticals and a slight lag in Medtech, and commentary on 2025 that matched expectations, modest revisions have been made to the estimates.
Following the recent quarterly report, the outlook for Johnson & Johnson has become more favorable with progress in the talc litigation settlement proposal, strategic medical technology acquisitions, and forward-looking commentary for 2025.
Following its Q3 earnings surpassing forecasts, Johnson & Johnson demonstrated a notable 5.6% growth in its core operations, excluding Covid-related impacts, surpassing expectations primarily due to its Innovative Medicine sector, while the MedTech segment experienced a lag, attributed to usual seasonal patterns and challenges in the Asia Pacific region. The company is observed to be making considerable operational advancements, with its focus on executing its pipeline strategy beginning to manifest.
Note:
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