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Benzinga
Benzinga
Business
Priya Nigam

Johnson & Johnson Kicks Off 'Powerful New Product Cycle': Analyst

JNJ Johnson & Johnson ( Goldman Sachs Cancer
Johnson & Johnson Inc. JNJ

Johnson & Johnson (NYSE:JNJ) on Tuesday won regulatory approval for its drug delivery product Inlexzo to treat high-risk non-muscle invasive bladder cancer, a milestone Goldman Sachs says could launch “a powerful new product cycle” for the company's TAR-200 program.

The Johnson & Johnson Analyst: Analyst Asad Haider maintained a Buy rating and price target of $185.

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