Johnson & Johnson (NYSE:JNJ) is included among the 15 Dividend Stocks that Outperform the S&P 500.
Barclays lifted its price target on Johnson & Johnson (NYSE:JNJ) to $197 from $176 on December 2 while maintaining an Equal Weight rating. The firm also refreshed its estimates for the company.
Johnson & Johnson (NYSE:JNJ) continues to benefit from a strong balance sheet, a foundation that has long supported consistent stability and allowed the company to make substantial investments in research and development as well as targeted acquisitions. Its latest move was the purchase of Halda Therapeutics in a $3.05 billion deal aimed at expanding its oncology pipeline. The acquisition gives J&J access to Halda’s platform for developing oral cancer treatments, aligning with its broader focus on cutting-edge therapeutics.
Johnson & Johnson (NYSE:JNJ) remains strategically centered on high-margin, innovation-driven categories within its Innovative Medicine unit, including oncology, immunology, and neuroscience. Its MedTech arm is concentrated on faster-growing markets such as surgical robotics and digital surgery. For the third quarter, J&J posted net sales of $24 billion, a year-over-year increase of 6.8%, while net income surged 91% to $5.2 billion.
Johnson & Johnson (NYSE:JNJ) is a global healthcare company operating across two core segments: Innovative Medicine and MedTech.
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