Examining JNJ Breakout: Bull Flag & Options Show Upside Potential

Welcome back to Market on Close. Shares of Johnson and Johnson hit a new all-time high today after Wells Fargo upgraded the stock to overweight from equal weight and raised its price target to $212 from $170. The firm says it sees potential upside to J&J's pharma business and lowered tariff and pricing risks.Wells Fargo said the stock's valuation presents an attractive entry point right now. So now it's time for Options Corner. Joining us is Rick Dukat, our lead market technician here on Schwab Network to t ...