Why JNJ Stock Could Climb Higher After Robust Q2 Results
Johnson & Johnson Today
$164.78 +9.61 (+6.19%)
As of 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.
- 52-Week Range
- $140.68
▼
$169.99
- Dividend Yield
- 3.16%
- P/E Ratio
- 18.33
- Price Target
- $171.00
After years of post-COVID-19 normalization and the impact of its Kenvue spinoff, Johnson & Johnson’s NYSE: JNJ stock price is back in rally mode. It is still early in the game, but the Q2 results affirm that growth is back, acceleration is happening and is expected to continue in the back half of the year.
Acceleration may be stronger than forecasted due to expected approvals and pipeline progress that promise to sustain this company’s growth over…
