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Fly News Breaks for July 17, 2019
AGCO
Jul 17, 2019 | 07:48 EDT
Wells Fargo analyst Andrew Casey downgraded Agco to Market Perform from Outperform on reported softening Europe demand and lowered his estimates due to slower demand trends in North America and South America. The analyst also cut his price target on the shares to $80 from $90 on lower estimates and limited likelihood for further valuation expansion.
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