UPDATE: Jefferies Raises PT on Johnson & Johnson on Challenges Ahead
July 12, 2013 at 08:49 AM EDT
In a report published Friday, Jefferies analyst Jeffrey Holford reiterated a Hold rating on Johnson & Johnson (NYSE: JNJ ), and raised the price target from $91.00 to $92.00. In the report, Jefferies noted, “Rising rate expectations had the expected impact on the sector, which has been driven by income
