Barclays lowered the firm’s price target on Johnson & Johnson to $165 from $166 and keeps an Equal Weight rating on the shares following the Q1 report. The company reported strong Pharma results offset by slower growth in MedTech, driven primarily by a series of one-timers and prior year issues, the analyst tells investors in a research note. The firm says J&J maintained its 2025 outlook despite additional deal dilution and tariff impact.
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