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      Johnson & Johnson Selected as High Dividend Stock by Ray Dalio

      Johnson & Johnson has been recognized as one of the 12 high dividend stocks selected by billionaire investor Ray Dalio. This inclusion highlights the company's appeal to investors seeking reliable dividend income.

      On April 15, Bank of America adjusted its price target for Johnson & Johnson shares, increasing it to $254 from a previous estimate of $253. The firm maintained a Neutral rating on the stock, indicating a cautious outlook.

      Bank of America characterized the company's first quarter performance as satisfactory, describing it as 'an okay 1Q print.' This assessment reflects the firm's view on the company's recent financial results.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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