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By: Benzinga
January 04, 2013 at 08:34 AM EST
UPDATE: Deutsche Bank Upgrades Johnson & Johnson to Buy on Improving Trends
Deutsche Bank raised its rating on Johnson & Johnson (NYSE: JNJ ) from Hold to Buy and increased its price target from $75 to $82. Deutsche Bank commented, "For the past several years, JNJ has weathered through patent expirations, a general slowdown in utilization trends, and challenges with its
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