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4 Analysts Takeaways From Johnson & Johnson's Quarterly Results: What Investors Need To Know
Wednesday, July 20, 2022 - 12:02pm | 406Read More...Johnson & Johnson (NYSE: JNJ) reported a 3% growth in net sales to $24.02 billion, surpassing the consensus estimate of $23.81 billion, and a 4.4% growth in adjusted earnings to $2.59 per share, beating Street expectations of $2.57 per share. Raymond James On Johnson & Johnson: Analyst...
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Analysts Constructive On Intuitive Surgical Following Solid Quarter
Friday, October 18, 2019 - 12:41pm | 397Read More...Intuitive Surgical, Inc. (NASDAQ: ISRG) shares are sharply higher Friday following strong quarterly results. The Analysts Morgan Stanley analyst David Lewis reiterated an Overweight rating and $620 price target for Intuitive Surgical. (See his track record here) Wells Fargo analyst Larry Biegelsen...
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Analysts, Investors Like Johnson & Johnson's Improvement, But Lawsuits Loom
Wednesday, October 16, 2019 - 2:26pm | 680Read More...Johnson & Johnson (NYSE: JNJ) stock was on the rise Wednesday following better-than-expected third-quarter earnings and guidance, but analysts are mostly leery of boosting recommendations in light of a string of legal challenges the company faces. The Analysts Morgan Stanley’s...
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Sell-Side Positive On Johnson & Johnson's Unexpected Ohio Opioid Settlement
Wednesday, October 2, 2019 - 3:06pm | 708Read More...Johnson & Johnson (NYSE: JNJ) announced a $20.4-million agreement Wednesday with the Ohio counties of Cuyahoga and Summit to settle an opioid lawsuit with the state, removing the company from federal multidistrict litigation. The Analysts Credit Suisse analyst Matt Miksic reiterated an...
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Medtronic Analysts Applaud Q1 Beat-And-Raise
Wednesday, August 21, 2019 - 2:28pm | 731Read More...Large-cap medtech company Medtronic PLC (NYSE: MDT) reported strong first-quarter results Tuesday, sending its shares to a 52-week high. The Analysts Wells Fargo Securities analyst Larry Biegelsen maintained an Outperform rating on Medtronic and $120 price target. BMO Capital Markets...
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After Earnings Beat, Wall Street Talks Johnson & Johnson Litigation Risk
Wednesday, July 17, 2019 - 1:24pm | 569Read More...Johnson & Johnson (NYSE: JNJ) shares are down 2% since the company reported a second-quarter earnings beat on Tuesday morning. Johnson & Johnson reported a 42% increase in net profit in the quarter. Revenue of $20.56 billion was down 1.3% from a year ago but also topped consensus analyst...
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Wells Fargo: Medtronic An Accelerating Growth Story Trading At A Discount
Wednesday, June 5, 2019 - 10:21am | 465Read More...Medtronic PLC (NYSE: MDT) has earned a bullish review from Wells Fargo Securities, which premised its optimistic outlook on the company's growth prospects. The Analyst Larry Biegelsen upgraded Medtronic from Market Perform to Outperform and increased the price target from $100 to $...
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Analysts Review Stryker's Q1: 'The Underlying Business Momentum Remains Strong'
Wednesday, April 24, 2019 - 3:24pm | 421Read More...Medical technology and orthopedic implant company Stryker Corporation (NYSE: SYK) reported an earnings beat Tuesday, and three sell-side analysts remain bullish on the stock. Stryker reported quarterly earnings of $1.88 per share, beating the consensus estimate of $1.84 and up about 12...
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FDA Approves Allergan's Ozurdex, Rejects Levadex
Monday, June 30, 2014 - 12:08pm | 134Read More...The FDA on Monday approved Allergan's (NYSE: AGN) diabetic macular edema (DME) drug Ozurdex. Allergan's drug Levadex, a migraine treatment, was rejected by the FDA. Wells Fargo analyst Larry Biegelsen is projecting a positive outcome for Allergan with its latest stage in development....
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Wells Fargo Reiterates Outperform on Stryker Following Announcement of MAKO Acquisition
Wednesday, September 25, 2013 - 9:35am | 199Read More...In a report published Wednesday, Wells Fargo Securities analyst Larry Biegelsen reiterated an Outperform rating on Stryker Corporation (NYSE: SYK). In the report, Wells Fargo Securities noted, “This morning (9/25), SYK announced that it's acquiring MAKO for $1.65B which represents a 86% premium to...









