Johnson & Johnson stock is busting out to new highs; is there more upside?
Johnson & Johnson (JNJ) stock is at $275.66, up 59.3% over the past year. Recent FDA approvals for Ottava robotic surgery and IMAAVY drug, along with revenue growth, have driven upgrades. Analysts' price targets range from $249.03 (InvestingPro) to $320 (UBS), with a consensus of $277. JNJ's valuation metrics include P/E (31.6x LTM, 24.9x forward), EV/EBITDA (19.9x), and a 1.9% dividend yield. Bullish factors include oncology growth, robotics, and a strong balance sheet, while bears point to val





