logo
Share SHARE
FONT-SIZE Plus   Neg

Johnson & Johnson Posting Strong Gain On Upgrade By JPMorgan

Healthcare giant Johnson & Johnson (JNJ) has shown a strong move to the upside over the course of the trading session on Monday. Shares of Johnson & Johnson are currently up by 2.8 percent after reaching a nearly two-month intraday high.

The advance by Johnson & Johnson comes after JPMorgan upgraded its rating on the company's stock to Overweight from Neutral.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Albertsons Cos., a major grocer, announced that it is buying meal kit company Plated, reportedly marking the first acquisition of a prepared-meals company by a national grocery chain. As per reports, the New York-based Plated, which does business as DineInFresh Inc., would be purchased for an estimated $175 to $200 million. Liliane Bettencourt, the heiress to French cosmetics giant L'Oreal, has died aged 94, her family said Thursday. She was the daughter of Eugène Schueller, founder of the L'Oréal Group. Bettencourt was considered the world's richest woman by both Forbes and the Bloomberg Billionaire Index. Her net worth was estimated at around $44 billion. CVS Pharmacy will limit opioid prescriptions to a seven-day supply for certain conditions, as part of its efforts to fight the national opioid abuse epidemic. CVS Caremark plans to roll out opioid utilization control initiatives for all commercial, health plan, employer and Medicaid clients as of February 1, 2018 unless the client chooses to opt out.
comments powered by Disqus
Follow RTT