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BUZZ — Street View: J&J's macro troubles to pass, brokerages say

* Johnson & Johnson on Tuesday missed Wall Street expectations for sales at its medical devices business, hurt by geopolitical issues including the Middle East conflict * On average, 26 analysts rate stock "buy"; their median PT is $280 - data compiled by LSEG Focus On 2027 * Raymond James ("outperform," PT: $278) says "the international softness is transient and expect '27 estimates to re-base lower (closer to our estimates), to a healthier, more beatable level" * J.P. Morgan ("neutral," PT: $285) says macro headwinds including pricing pressure in China and slowdown in Middle East to ease through 2027 * RBC Capital Markets ("outperform," PT: $280) says stock sell-off post results "sets a negative tone for the broader Pharma sector and underscores the heightened volatility in today's market" * BofA Global Research ("neutral," PO: $275) sees JNJ as "solid pharma growth stock" but stock's premium valuation and modest consensus upside creates balanced risk-reward * Citigroup ("buy," PT: $303) says broader Medtech market remains healthy, but co's challenge is to better convert steady demand into consistent results (Reporting by Kanchana Chakravarty in Bengaluru) ((Kanchana.Chakravarty@

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