These are the stocks posting the largest moves midday Tuesday.
div > div.group > p:first-child"> Johnson & Johnson — Johnson & Johnson rose 1.81% after the company reported quarterly results that beat analyst estimates. The company posted earnings of $2.10 per share, 7 cents higher than expected amid strong prescription drug sales. Johnson & Johnson's revenue also topped expectations. The multinational also narrowed their 2019 fiscal year earnings guidance to $8.53-$8.63, while analysts estimate earnings of $8.58 per share.
Netflix — Shares of Netflix rose 3.07% after Deutsche Bank upgraded the streaming company's rating to buy from hold. The bank cited the stock's valuation and conservative consensus subscriber estimates for the upgrade."Netflix is becoming more of a cultural necessity for people around the world," Deutsche Bank analyst Bryan Kraft wrote in a note.
UnitedHealth Group — UnitedHealth Group dropped 4.5% after CEO David Wichmann warned that"Medicare for All" proposals pushed by Democratic lawmakers and presidential candidates would"destabilize the nation's health system." Western Digital — An analyst at Deutsche Bank upgraded the Western digital to buy from hold, citing an attractive valuation and conservative subscriber estimates. The company's stock rose nearly 4%.
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