# JNJ Stock Analysis: Navigating Recent Dips, Analyst Updates, and Future Outlook
In this episode, we dive deep into Johnson & Johnson's (JNJ) recent stock performance and future prospects. We analyze the stock's slight decline after three consecutive down sessions, closing at $155.17, with notably lower-than-average trading volume – possibly signaling limited selling pressure at current levels.
We examine recent analyst adjustments, including Bank of America's downgrade to neutral with a revised $159 price target, Raymond James's maintained "outperform" rating despite a target reduction to $162, and Wolfe Research's bullish $175 target. With the average analyst price target at $171, JNJ shows potential 10% upside from current levels.
Our discussion covers upcoming earnings expectations, with analysts forecasting slight EPS contraction but 2% revenue growth to approximately $22.8 billion. We explore potential MedTech division tariff impacts, the continued strong performance of oncology drugs like Tremfya and Darzalex, and the anticipated resolution of talc litigation in Q3.
Despite challenges, JNJ has outperformed the S&P 500 year-to-date, demonstrating its resilience as a defensive healthcare leader. Join us as we evaluate whether this diversified healthcare giant remains a worthy addition to investors' portfolios amid current headwinds.
#JohnsonAndJohnson #StockAnalysis #HealthcareInvesting #MedTech #WallStreetAnalysis #InvestmentStrategy
For more http://www.quietplease.ai
Stock up on these deals
https://amzn.to/3QFpYIX