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Macy's soars, Johnson & Johnson rallies, T. Rowe Price jumps

Let’s check out the Yahoo Finance charts of the day.

Macy’s (M): Shares are up in early trade, around 7%. The department store reported earnings and sales that beat analysts’ expectations, citing a healthier inventory position after the holiday season that prompted the company to hike its outlook for the full year.

Johnson & Johnson (JNJ): Shares up slightly at .26%. The iconic brand is revamping its baby product line, putting more emphasis on natural ingredients. The company said it is confident that the move will reverse several years of declining sales of those products.

T. Rowe Price (TROW): Shares rallying here, around 2.8%. The stock was upgraded to “outperform” from “neutral” at Credit Suisse, which sites rising organic growth as well as better expense control at the investment firm.

For more on today’s big stock movers check out the Final Round, live at 3:55 p.m. ET, right here on Yahoo Finance.