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Fly News Breaks for February 18, 2016
HRL
Feb 18, 2016 | 06:45 EDT
As previously reported, CLSA downgraded Hormel to Underperform from Outperform. Analyst Diane Geissler said Hormel Foods reported a robust quarter and raised estimates and increased its price target to $46 from $39, but downgraded shares due to premium valuation.
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