J&J Analysts Say Talc Report Is Old News While Stock Plummets
Johnson & Johnson products are arranged for a photograph in New York. (Photographer: Scott Eells/Bloomberg)

J&J Analysts Say Talc Report Is Old News While Stock Plummets

(Bloomberg) -- Johnson & Johnson bulls lined up to defend the drugmaker after a Reuters report about asbestos in baby powder sent shares spiraling toward their worst session in more than 16 years.
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