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Johnson & Johnson saw key investor moves as it reported strong Q1 earnings and raised its yearly forecast.
United Capital Financial Advisors increased its stake in Johnson & Johnson (JNJ) by 10.1%, acquiring additional shares worth $42.2 million.
Meanwhile, Operose Advisors reduced its stake by 33%, selling shares.
JNJ reported strong Q1 results, exceeding revenue and earnings forecasts, and raised its full-year sales outlook.
The company also completed its acquisition of Intra-Cellular Therapies and plans to invest more in the U.S. Its stock has a "Moderate Buy" rating with a target price of $171.50.
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Johnson & Johnson vio importantes movimientos de inversores, ya que reportó fuertes ganancias del primer trimestre y elevó su pronóstico anual.