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Fly News Breaks for June 17, 2015
LXK
Jun 17, 2015 | 06:26 EDT
Goldman reinstated Lexmark with a Sell rating and $34 price target. The firm remains concerned the core ISS segment's targets are at risk due to the increasingly competitive environment, lagging hardware performance, and channel inventory declines. In addition, Goldman sees continued inkjet headwinds and decelerating MPS growth.
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