Why Pfizer and Johnson & Johnson Fell on Friday

Two prominent U.S. coronavirus stocks ended the week on a down note. Pfizer (NYSE: PFE) and Johnson & Johnson (NYSE: JNJ) both fell on the day by nearly 3%. This followed a prominent investment bank's rather lukewarm take on their current prospects.

Goldman Sachs analyst Chris Shibutani initiated coverage on Pfizer and Johnson & Johnson on Friday, tagging both high-profile healthcare industry stocks with neutral recommendations.

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Source Fool.com