14.8 C
New York
Friday, April 26, 2024

Morgan Stanley Sees Balance Sheet & Pipeline As More Critical For Johnson & Johnson

Courtesy of Benzinga.

Related JNJ
CNBC's Stock Pops & Drops From January 20
4 Companies Capturing Social Media Attention On Tuesday Morning
Making Money With Charles Payne: 01/20/15 (Fox Business)

In a report published Wednesday, Morgan Stanley analyst David R. Lewis reiterated an Equal-Weight rating and $110.00 price target on Johnson & Johnson (NYSE: JNJ).

In the report, Morgan Stanley noted, “Guidance confirmed 2015 will be a challenging year highlighted by pharma deceleration. Modest revenue improvement is encouraging, but performance may be tied to pharma pipeline visibility over biosimilar risk and balance sheet optionality. We remain EW.”

Johnson & Johnson closed on Tuesday at $101.29.

Latest Ratings for JNJ

Date Firm Action From To
Jan 2015 Barclays Maintains Equal-weight
Jan 2015 Goldman Sachs Downgrades Neutral Sell
Jan 2015 Jefferies Maintains Hold

View More Analyst Ratings for JNJ
View the Latest Analyst Ratings

Posted-In: David R. Lewis Morgan StanleyAnalyst Color Reiteration Analyst Ratings

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

157,318FansLike
396,312FollowersFollow
2,290SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x