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Fly News Breaks for May 16, 2016
JNJ
May 16, 2016 | 07:55 EDT
UBS said Johnson & Johnson remains a top pick, citing its U.S. pharma trends, which are off to a solid start in April and are above the firm's consensus growth estimates for the full quarter. UBS said the trends could point to a potentially stronger than expected quarter. UBS reiterated its Buy rating and $126 price target on Johnson & Johnson shares.