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Analysts Offer Insights on Healthcare Companies: Amgen (AMGN) and Johnson & Johnson (JNJ)

Tipranks - Fri Feb 6, 5:38AM CST

There’s a lot to be optimistic about in the Healthcare sector as 2 analysts just weighed in on Amgen (AMGNResearch Report) and Johnson & Johnson (JNJResearch Report) with bullish sentiments.

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Amgen (AMGN)

Goldman Sachs analyst Salveen Richter maintained a Buy rating on Amgen yesterday and set a price target of $415.00. The company’s shares closed last Wednesday at $366.20.

According to TipRanks.com, Richter is a 4-star analyst with an average return of 10.8% and a 45.5% success rate. Richter covers the Healthcare sector, focusing on stocks such as Vertex Pharmaceuticals, Taysha Gene Therapies, and Alnylam Pharma. ;'>

Amgen has an analyst consensus of Moderate Buy, with a price target consensus of $361.94, implying a 2.8% upside from current levels. In a report released today, TipRanks – OpenAI also upgraded the stock to Buy with a $406.00 price target.

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Johnson & Johnson (JNJ)

In a report released yesterday, Asad Haider from Goldman Sachs maintained a Buy rating on Johnson & Johnson, with a price target of $250.00. The company’s shares closed last Wednesday at $234.47.

According to TipRanks.com, Haider is a 4-star analyst with an average return of 26.2% and a 87.5% success rate. Haider covers the Healthcare sector, focusing on stocks such as NewAmsterdam Pharma Company, Bristol-Myers Squibb, and Merck & Company. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Johnson & Johnson with a $243.00 average price target, which is a 3.4% upside from current levels. In a report issued on January 28, Morgan Stanley also upgraded the stock to Buy with a $262.00 price target.

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