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Fly News Breaks for December 8, 2015
DF
Dec 8, 2015 | 08:12 EDT
As previously reported, Morgan Stanley downgraded Dean Foods to Underweight from Equal Weight. Analyst Matthew Grainger believes peak margins could moderate in 2016 due to a normalization in favorable pricing dynamics, ongoing risk from branded volumes, and lapping of temporary 2015 benefits. Grainger has a $17 price target on shares, down from $19 previously.
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