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Fly News Breaks for March 2, 2016
CVGW
Mar 2, 2016 | 08:00 EDT
As noted earlier, DA Davidson downgraded Calavo to Neutral from Buy. Noting that avocado prices have fallen 11% over the last two weeks, the firm says that the fruit's prices usually rise during this time of the year. As a result, the firm thinks the company's profit per box could be limited in the near-term. Target to $56 from $58.
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