Johnson & Johnson News Daily

Johnson & Johnson: A Stable Blue Chip with Healthy Financials and Analyst Optimism


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# Johnson & Johnson Stock Near 52-Week High: Financial Analysis & Analyst Outlook

Explore the latest financial performance of healthcare giant Johnson & Johnson (J&J) as its stock trades at $178.10, approaching its 12-month record high. This episode breaks down J&J's impressive Q2 earnings that exceeded analyst expectations, with EPS of $2.77 and revenue growth of nearly 6% to over $23 billion. We analyze the company's robust 25% profit margins and 32% return on equity that maintain its position among the world's most valuable corporations with a $428 billion market cap.

Discover why major financial institutions including Citigroup and Royal Bank of Canada have recently upgraded their ratings and price targets, with Citigroup setting a bullish $200 target. We examine the current analyst consensus rating of "moderate buy" and discuss why some firms have shifted to "hold" recommendations after the stock's strong performance. Get insights into J&J's earnings guidance for the coming year and learn why minimal short interest signals continued investor confidence in this blue-chip healthcare leader.

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Johnson & Johnson News DailyBy Inception Point Ai