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Johnson & Johnson beat earnings expectations, while some investors shifted focus to JD.com.
Johnson & Johnson (JNJ) reported strong earnings, beating analyst expectations with a $2.77 EPS, and has a "Moderate Buy" consensus rating.
Two firms, Clark Capital and Cladis Investment, recently reduced their JNJ holdings.
Meanwhile, Clark Capital increased its shares in JD.com by 513,667, totaling $51.12 million.
JD.com has a market cap of $53.34 billion and a "Moderate Buy" rating with a target price of $49.27.
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Johnson & Johnson superó las expectativas de ganancias, mientras que algunos inversionistas cambiaron de enfoque a JD.com.