Scotiabank Maintains Buy Rating for Johnson & Johnson with $305 Target

Scotiabank analyst Louise Chen has reaffirmed her buy rating for Johnson & Johnson (JNJ.US), maintaining a target price of $305. According to TipRanks data, Chen's success rate over the past year is 53.8%, with an average return of 7.2%. This means that out of all her ratings during this period, 53.8% have been successful based on whether TipRanks' virtual portfolio earned a positive return from the stock.

TipRanks calculates success rate and total average return by evaluating each analyst's past performance. The star level is determined by their total success rate and average return, with more stars indicating better performance. Chen has received a 4-star rating from TipRanks based on her past ratings.