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Sierra Summit Advisors increases stake in Johnson & Johnson, which beat earnings estimates with $2.04 per share.
Sierra Summit Advisors LLC and other firms have been buying and selling shares of Johnson & Johnson (JNJ), with Sierra Summit increasing its holdings.
JNJ reported earnings of $2.04 per share, beating estimates by $0.05, and revenue of $22.52 billion, slightly above forecasts.
Analysts expect JNJ to post 10.58 EPS for the year.
The stock has a "Moderate Buy" rating and a target price of $171.33.
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Sierra Summit Advisors aumenta la participación en Johnson & Johnson, que superó las estimaciones de ingresos con $2.04 por acción.