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Fly News Breaks for January 12, 2016
MJN
Jan 12, 2016 | 07:28 EDT
Nomura analyst David Hayes downgraded Mead Johnson to Neutral and reduced his price target to $85 from $98 on shares. The analyst lowered 2016 earnings 5% below consensus to reflect FX impact and a 1% organic sales growth forecast and now views shares as in a neutral range.
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