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Thursday, April 25, 2024

Johnson & Johnson Falls On Bernstein Downgrade

Courtesy of Benzinga.

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Bernstein downgraded Johnson & Johnson (NYSE: JNJ) on Wednesday to Market Perform.

The stock was down more than 2 percent at $104.08.

On Tuesday, Johnson & Johnson announced it was buying biotech company Alios BioPharma for $1.75 billion.

Johnson & Johnson will have its Q3 earnings release on October 14.

Latest Ratings for JNJ

Date Firm Action From To
Oct 2014 Bernstein Downgrades Market Perform
Aug 2014 Jefferies Maintains Hold
Jul 2014 Citigroup Maintains Buy

View More Analyst Ratings for JNJ
View the Latest Analyst Ratings

Posted-In: Sanford C. Bernstein & CoDowngrades Analyst Ratings

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