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Fly News Breaks for March 16, 2018
AVY
Mar 16, 2018 | 06:28 EDT
JPMorgan analyst Jeffrey Zekauskas downgraded Avery Dennison to Underweight and cut his price target for the shares to $107 from $113. The shares have moved higher without any change in underlying business fundamentals, Zekauskas tells investors in a research note. He sees little capital appreciation potential for the shares in fiscal 2018.
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