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Credit Suisse Can Clearly See Why Johnson & Johnson Acquired Abbott's Optics Division
Monday, September 19, 2016 - 10:16am | 360On September 16, Johnson & Johnson (NYSE: JNJ) announced plans to acquire Abbott Medical Optics for $4.325 billion in cash. Credit Suisse’s Vamil Divan maintains a Neutral rating on Johnson & Johnson, with a price target of $123. The Deal The deal is expected to close in Q1:17, and...