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Investment firm buys JNJ shares; company reports strong Q2 earnings, exceeds expectations.
Investment firm Garrison Bradford & Associates Inc. recently bought 1,229 shares of Johnson & Johnson (JNJ) valued at $204,000, making up 0.2% of their portfolio.
JNJ reported strong Q2 earnings of $2.77 per share, exceeding analysts' estimates by $0.09, and revenue of $23.74 billion, surpassing expectations.
The company also declared a quarterly dividend of $1.30 per share, with a yield of 3.10%.
JNJ has a "Moderate Buy" rating and a consensus price target of $172.87.
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La firma de inversión compra acciones de JNJ; la compañía reporta fuertes ganancias del segundo trimestre, superando las expectativas.