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Johnson & Johnson's MedTech Momentum Expected To Rebound In 2025 Despite Current Hurdles: Analyst
Thursday, January 23, 2025 - 4:02pm | 506On Wednesday, Johnson & Johnson (NYSE:JNJ) reported a fourth-quarter adjusted EPS of $2.04, down 10.9% year over year, beating the consensus of $2.01. The pharmaceutical giant reported sales of $22.52 billion, up 5.3% year over year and beating the consensus of $22.44 billion. Operational...
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Tandem Diabetes Pressured As Control-IQ Trials Combined; Raymond James Downgrades TNDM
Monday, April 24, 2023 - 11:02am | 302Tandem Diabetes Care (NASDAQ: TNDM) remained under pressure on Monday, after the company accounted for plans of a combined analysis of three trials of its Control-IQ technology. Tandem Diabetes Care’s margins are likely to remain “depressed” in the near term, as the company funds...
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4 Analysts Takeaways From Johnson & Johnson's Quarterly Results: What Investors Need To Know
Wednesday, July 20, 2022 - 12:02pm | 406Johnson & 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, Investors Like Johnson & Johnson's Improvement, But Lawsuits Loom
Wednesday, October 16, 2019 - 2:26pm | 680Johnson & 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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After Earnings Beat, Wall Street Talks Johnson & Johnson Litigation Risk
Wednesday, July 17, 2019 - 1:24pm | 569Johnson & 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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Analysts Shrug Off Softness In Edwards Lifesciences' Heart Value Replacement System
Wednesday, April 24, 2019 - 11:22am | 727Edwards Lifesciences Corp (NYSE: EW) reported Tuesday after the market close with above-consensus first-quarter results and raised its adjusted earnings per share guidance for the full year. The Analysts UBS analyst Matthew Taylor maintained a Neutral rating on Edwards with a $190...
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An Abbott Labs Analyst's 5 Reasons To Own The Stock: 'Near-Perfect For This Environment'
Thursday, April 18, 2019 - 11:18am | 447Health care company Abbott Laboratories (NYSE: ABT) has had a strong start to the year with forecast-beating first-quarter results and in-line full-year guidance. The Analyst Raymond James analyst Jayson Bedford maintained an Outperform rating on Abbott with a $79 price target....
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Analysts View Johnson & Johnson's Organic Growth Guidance As Conservative
Wednesday, April 17, 2019 - 10:55am | 603Johnson & Johnson (NYSE: JNJ) kickstarted the large-cap pharma earnings season Tuesday with forecast-beating first-quarter results. The company narrowed its full-year earnings per share guidance but maintained its sales outlook. The Analysts Morgan Stanley analyst David Lewis maintained an...
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Raymond James Expects Johnson & Johnson's Growth To Accelerate Into 2020
Monday, March 25, 2019 - 3:04pm | 374Johnson & Johnson’s (NYSE: JNJ) bottom line continues to be come under pressure from forex and generic competition, and the company faces sentiment-related headwinds, according to Raymond James. These factors are already reflected in the share price, though, and growth is...
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Sell-Side Issues Positive Prognosis For Abbott Following Mixed Q4 Results, Strong 2019 Outlook
Thursday, January 24, 2019 - 1:13pm | 566Medical device and supplies manufacturer Abbott Laboratories (NYSE: ABT)reported Wednesday ahead of the market open with above-consensus fourth-quarter earnings, while revenue trailed expectations. The Analysts RBC Capital Markets analyst Glen Novarro reiterated an Outperform rating...
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Analysts Stand By Johnson & Johnson Despite Earnings Pullback
Wednesday, January 23, 2019 - 9:50am | 542Johnson & Johnson (NYSE: JNJ) is on the up after a post-earnings plunge earlier this week. The firm marginally beat guidance in the fourth quarter but issued lower-than-expected guidance. Still, it’s retained the confidence of some Street experts. The Rating Raymond James analyst Jayson...
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4 Tailwinds Driving Raymond James' Insulet Bull Case
Monday, January 8, 2018 - 1:22pm | 482Raymond James identified four major tailwinds for Insulet Corporation (NASDAQ: PODD) that the firm said could help drive 20-percent-plus revenue growth over the next two years. The Analyst Raymond James analyst Jayson Bedford upgraded Insulet from Market Perform from Outperform with an $80...
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Boston Scientific Is 'Riding The Wave Of Business Improvement'
Friday, March 20, 2015 - 12:17pm | 156Shares of Boston Scientific Corporation (NYSE: BSX) were up on Friday morning after Raymond James analyst Jayson Bedford initiated coverage with an Outperform rating and $21 price target. The analyst highlights that the firm has missed a big year-to-date run (36 percent) in the stock "driven by...