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Fly News Breaks for July 15, 2015
MJN
Jul 15, 2015 | 07:39 EDT
JPMorgan lowered its price target for Mead Johnson to $89 after the company reduced its 2015 guidance to reflect problems in China. The firm views most of the issues as temporary in nature, however, and thinks 2016 has potential to be a "strong bounce-back year." JPMorgan keeps an Overweight rating on Mead.
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