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2026-01-28
Morgan Stanley
RatingOverweight
FromEqual-Weight
Target$262
From—
Morgan Stanley upgraded J&J to Overweight on Jan 28, a significant bull signal. Scotiabank initiated at Sector Outperform and Daiwa upgraded to Outperform. Consensus is Buy at $279 average target — Street sees the post-separation JNJ as a cleaner pharma story.