Bank of America Raises Johnson & Johnson Price Target

Analysts Boost Outlook for Pharmaceutical Giant

Apr. 16, 2026 at 1:38pm

An extreme close-up of the complex, interlocking gears and components of a pharmaceutical manufacturing machine, conveying the industrial scale and technical precision of Johnson & Johnson's operations.The specialized industrial equipment that powers Johnson & Johnson's pharmaceutical production highlights the company's technological sophistication and manufacturing prowess.New Brunswick Today

Bank of America has increased its price target for Johnson & Johnson (NYSE:JNJ) from $253.00 to $254.00 and maintained a 'neutral' rating on the stock. The new target suggests a potential upside of 7.38% from the company's current share price.

Why it matters

Johnson & Johnson is a major pharmaceutical and consumer healthcare company, so changes to its stock price target by influential analysts can impact investor sentiment and the broader market's view of the company's performance and prospects.

The details

In a research report released on Wednesday, Bank of America's equity analysts raised their price target for Johnson & Johnson, citing the company's ongoing business operations and product pipeline. The new $254.00 target price represents a modest increase from the previous $253.00 target, and the analysts maintained their 'neutral' rating on the stock.

  • Bank of America issued the updated price target and rating on April 16, 2026.

The players

Bank of America

A major U.S. multinational investment bank and financial services company.

Johnson & Johnson

A global healthcare company that develops pharmaceutical, medical device, and consumer packaged goods products.

Got photos? Submit your photos here. ›

What’s next

Investors will be watching to see if Johnson & Johnson's stock price responds to the updated price target from Bank of America in the coming days and weeks.

The takeaway

While the price target increase from Bank of America is modest, it reflects the continued confidence in Johnson & Johnson's business fundamentals and product pipeline among Wall Street analysts covering the healthcare giant.