JNJ’s Q2 Results Reaffirm Our Stance For Pharmaceutical Growth

+14.83%
Upside
157
Market
180
Trefis
JNJ: Johnson & Johnson logo
JNJ
Johnson & Johnson

Johnson & Johnson (NYSE: JNJ) posted Q2 results on July 19th, 2016. Company’s Pharmaceutical division continues to show strong growth. JNJ stock price has been through a rally over past month, cresting over our price estimate of $119 to reach $125. Here are the reasons we believe JNJ may continue to show strong growth.

JNJ-POST Earning-Q2

 

Have more questions about Johnson & Johnson? See the links below.

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Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Johnson & Johnson

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