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flag Despite investor sell-offs, Johnson & Johnson reported strong earnings, exceeding analysts' estimates.

flag Johnson & Johnson (JNJ) saw several investors reduce their holdings in Q4, including First Foundation Advisors, which sold 3,675 shares, reducing its stake to 47,050 shares. flag JNJ reported strong quarterly earnings of $2.04 per share, beating analysts' estimates by $0.05, with revenue of $22.52 billion also exceeding expectations. flag The company operates through Innovative Medicine and MedTech segments. flag Shares of JNJ have a 50-day moving average of $159.50 and a 200-day moving average of $155.37. flag Bank of America maintained a "neutral" rating but lowered the price target to $159.00.

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