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Fly News Breaks for November 9, 2018
FMC
Nov 9, 2018 | 05:04 EDT
Loop Capital analyst Chris Kapsch reinstated coverage of FMC Corporation with a Buy rating and $118 price target. With intent to spin its remaining 85% interest in Livent during Q2, FMC's transformation into a leading global agriculture chemicals pure-play is effectively complete, Kapsch tells investors in a research note. He believes the company's agriculture business is "performing admirably" and finds the stock's valuation "very compelling."
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