Johnson & Johnson Likely To Report Higher Q1 Earnings; Here Are The Recent Forecast Changes From Wall Street’s Most Accurate Analysts – Johnson & Johnson (NYSE:JNJ)

Johnson & Johnson JNJ is about to launch earnings outcomes for its first quarter earlier than the opening bell on April 16, 2024.

Analysts anticipate the New Brunswick, New Jersey-based firm to report quarterly earnings at $2.64 per share, up from $2.41 per share within the year-ago interval. Johnson & Johnson is projected to report quarterly income of $21.40 billion, in comparison with $24.75 billion within the year-earlier quarter, in response to knowledge from Benzinga Professional.

Rallybio not too long ago introduced a collaboration with Johnson & Johnson to assist the event of complementary therapeutic approaches aimed toward lowering the danger of fetal and neonatal alloimmune thrombocytopenia (FNAIT).

Johnson & Johnson shares rose 0.1% to shut at $147.59 on Monday.

Benzinga readers can entry the newest analyst rankings on the Analyst Inventory Scores web page. Readers can kind by inventory ticker, firm identify, analyst agency, ranking change or different variables.

Let’s take a look at how Benzinga’s most-accurate analysts have rated the corporate within the latest interval.

Cantor Fitzgerald analyst Louise Chen reiterated an Chubby ranking with a worth goal of $215 on April 15, 2024. This analyst has an accuracy fee of 62%.
Morgan Stanley analyst Terence Flynn maintained an Equal-Weight ranking and reduce the worth goal from $170 to $169 on Jan. 24, 2024. This analyst has an accuracy fee of 69%.
Raymond James analyst Jayson Bedford maintained an Outperform ranking and raised the worth goal from $172 to $175 on Jan. 3, 2024. This analyst has an accuracy fee of 68%.
Wells Fargo analyst Larry Biegelsen downgraded the inventory from Chubby to Equal-Weight and reduce the worth goal from $170 to $163 on Dec. 13, 2023. This analyst has an accuracy fee of 73%.
UBS analyst Danielle Antalffy upgraded the inventory from Impartial to Purchase with a worth goal of $180 on Dec. 1, 2023. This analyst has an accuracy fee of 62%.

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