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Fly News Breaks for November 7, 2018
LABL
Nov 7, 2018 | 09:24 EDT
BMO Capital analyst Mark Wilde lowered his price target on Multi-Color to $53 and kept his Market Perform rating after its Q2 revenue miss, also noting that the company's North America performance was weaker. The analyst further cited the management's caution about contract renewal rates in FY20, stating that its expectations of emerging market growth may not offset the choppy results and additional uncertainty around renewals.
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