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Fly News Breaks for December 10, 2018
BCPC
Dec 10, 2018 | 07:14 EDT
H.C. Wainwright analyst Raghuram Selvaraju lowered his price target for Balchem to $101 to reflect "both challenges in maintaining top-line revenue growth as well as the substantial recent re-rating of sector comparable firms." The analyst, however, reiterates a Buy rating on the shares, "particularly considering the recent decline," which he believes ought to make the stock attractive again.
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