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Fly News Breaks for June 21, 2017
AGCO
Jun 21, 2017 | 07:26 EDT
As reported previously, UBS analyst Steven Fisher upgraded AGCO to Neutral from Sell on improved business conditions. The analyst said valuation remains expensive relative to history, but he no longer sees a near-term downside catalyst and believes the company could raise its European forecast. Fisher raised his price target to $68 from $52 on AGCO shares.
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