Will This Price Target Increase Help Johnson & Johnson (JNJ) Stock Today?

NEW YORK (TheStreet) -- Leerink increased its price target on Johnson & Johnson  (JNJ) to $110, increased its estimates and set an "outperform" rating. The firm cited solid pharma momentum as the reason for the increase.

The stock was flat at $99.24 at 9:52 a.m. on Wednesday.

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