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Fly News Breaks for April 3, 2017
FMC
Apr 3, 2017 | 08:17 EDT
As noted earlier, SunTrust upgraded FMC to Buy from Hold. Analyst James Sheehan says that FMC's deal with DuPont is "a transformative" transaction for FMC that will enable it to become "a crop protection innovation leader." He adds that the deal increases the certainty of FMC's outlook, justifying a higher valuation. Target to $82 from $58.
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