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Fly News Breaks for July 18, 2017
FMC
Jul 18, 2017 | 07:29 EDT
Seaport Global analyst Michael Harrison downgraded FMC Corporation to Neutral and reduced its price target to $80 from $82 to reflect a more cautious Ag outlook as well as valuation. The analyst said competitor Bayer recently noted high inventories of crop protection chemicals in Brazil that creates a more cautious view of FMC's second half earnings.
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