Diamonds and Dogs
Johnson and Johnson (JNJ) gets an upgrade on earnings. JNJ rose 1.75% following better than expected earnings, improved 2020 guidance and four upgrades. But the analysts also caution that pending litigation for opioids and their baby powder could keep gains limited.
Workday (WDAY) not working. The stock is down 11% not far from a 9-month low following a number of downgrades. The downgrades come after a user conference when the company indicated delays in signing new contracts and a slowdown in certain sectors. At least four analysts have made cautious comments. The stock is down 29% since the summer highs.
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