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JPMorgan Cut Its Johnson & Johnson Forecast Before Earnings, But Why?
Monday, April 6, 2015 - 3:00pm | 304In a report published Monday, JPMorgan analyst Michael Weinstein discussed Johnson & Johnson (NYSE: JNJ)'s upcoming first quarter report, scheduled for Tuesday, April 14. Weinstein noted that he is expecting a largely in-line quarter on the top line given an improved pharmaceutical...
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J.P. Morgan: Johnson & Johnson's Drug Segment May Beat Q2 Street Views
Thursday, July 10, 2014 - 4:31pm | 231Johnson & Johnson's (NYSE: JNJ) pharmaceuticals products may drive second-quarter results to just above Street views when it reports earnings next week, an analyst said Thursday. J.P. Morgan's Michael Weinstein said the segment is growing at an annual rate of 15 percent. But it'...
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UPDATE: J.P. Morgan Reiterates on Medtronic Following Solid 2Q Results
Wednesday, November 20, 2013 - 11:56am | 133In a report published Wednesday, J.P. Morgan analyst Michael Weinstein reiterated a Neutral rating on Medtronic (NYSE: MDT), and raised the price target from $59.00 to $63.00. In the report, J.P. Morgan noted, “Medtronic reported solid 2Q results Tuesday, as revenues of $4.194B (+2.4%, +3.3% cc)...
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UPDATE: J.P. Morgan Downgrades Edwards Lifesciences Corp. as Street Estimates Are Too High
Wednesday, October 30, 2013 - 11:06am | 191In a report published Wednesday, J.P. Morgan analyst Michael Weinstein downgraded the rating on Edwards Lifesciences Corp. (NYSE: EW) from Neutral to Underweight, and lowered the price target from $64.00 to $62.00. In the report, J.P. Morgan noted, “We're lowering rating on shares of Edwards today...
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UPDATE: J.P. Morgan Upgrades Tornier NV on Multiple Positive Factors
Wednesday, August 7, 2013 - 11:25am | 178In a report published Wednesday, J.P. Morgan analyst Michael Weinstein upgraded Tornier NV (NASDAQ: TRNX) from Neutral to Overweight, and raised the price target from $20.00 to $24.00. In the report, J.P. Morgan noted, “We are upgrading shares of Tornier from Neutral to Overweight as (1) the...
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J.P. Morgan Reiterates Overweight Rating on HeartWare International Following CAP Approval
Monday, June 17, 2013 - 12:24pm | 203In a report published Monday, J.P. Morgan analyst Michael Weinstein reiterated an Overweight rating on HeartWare International (NASDAQ: HTWR). In the report, J.P. Morgan noted, “Overall, we view the CAP approval as a positive that should help to alleviate investor concerns about the DT data set...
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UPDATE: JP Morgan Raises PT on Boston Scientific on Recent FX Movements and 1Q Result
Wednesday, May 15, 2013 - 2:27pm | 141In a report published on Wednesday, JP Morgan analyst Michael Weinstein raised the price target from $7.80 to $8.00 on Boston Scientific (NYSE: BSX) and reiterated a Neutral rating. In the report, JP Morgan stated, "Boston faces multiple challenges, in our view. First and foremost is a...
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PODD Reports Strong Q4 Results, Issues Achievable Guidance
Wednesday, February 10, 2010 - 11:48am | 150Analyst Michael Weinstein of JP Morgan maintains his "overweight" rating on Insulet Corp (NASDAQ: PODD), while raising his estimates for the company. The target price for PODD is set to $16. According to JP Morgan, Insulet reported its Q4 results ahead of the estimates on better than expected cost...
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MDT To Face Increased Competition In Kyphoplasty Market
Wednesday, February 10, 2010 - 11:47am | 154Analyst Michael Weinstein of JP Morgan maintains his "overweight" rating on Medtronic (NYSE: MDT). According to JP Morgan, Medtronic is likely to face increased competition in the kyphoplasty market due to the entry of CareFusion (NYSE: CFN) into the market. “CareFusion’s aggressiveness is apt to...
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EVVV Ready For Robust Performance In 2010
Tuesday, January 19, 2010 - 1:42pm | 96Analyst Michael Weinstein of JP Morgan upgrades ev3 Inc (NASDAQ: EVVV) from “neutral” to “overweight.” The price target for EVVV has been raised from $15 to $19. There is upside to the consensus estimates for ev3’s top and bottom line results for 4Q09 and 2010. The atherectomy business, which had...