Johnson & Johnson (JNJ) call put ratio 5.5 calls to 1 put with focus on July and August 155 calls into quarter results

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Go back to Johnson & Johnson (JNJ) call put ratio 5.5 calls to 1 put with focus on July and August 155 calls into quarter results

RBC Capital Reiterates Outperform Rating on Johnson & Johnson (JNJ)

July 18, 2024 6:14 AM EDT

RBC Capital analyst Shagun Singh reiterated an Outperform rating and $175.00 price target on Johnson & Johnson (NYSE: JNJ).

The analyst comments "JNJ's stock traded higher (+3.7%) post-Q2'24 beat. It maintained its FY24 adjusted operational sales growth outlook but lowered adjusted EPS to reflect M&A-related... More

Johnson & Johnson (JNJ) gains as Q2 earnings, revenue beat estimates

July 17, 2024 6:39 AM EDT

Johnson & Johnson (NYSE: JNJ) reported a robust second quarter, with both earnings and revenue surpassing Wall Street estimates.

The healthcare giant posted adjusted earnings per share (EPS) of $2.82, exceeding analyst predictions by $0.10, and a revenue of $22.45 billion, also topping the consensus estimate of $22.34 billion.

This performance represents a 4.3% increase in reported sales growth, with an operational growth of 6.6%.

The company's stock responded positively to the news, with shares rising 2.1% as investors reacted favorably... More