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Fly News Breaks for January 27, 2020
JNJ
Jan 27, 2020 | 07:07 EDT
Credit Suisse analyst Matt Miksic raised his price target for Johnson & Johnson to $170 from $163, citing a "solid end to a strong year." The analyst notes that 2020 guide calls for solid fundamentals and that management remains engaged on the litigation front. He expects stock performance to improve with declining uncertainty regarding the range of potential liability facing the company. Miksic has an Outperform rating on the shares.