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Fly News Breaks for September 21, 2016
MJN
Sep 21, 2016 | 09:14 EDT
BMO Capital analyst Amit Sharma says that, unlike most investors, he expects the removal of one-child restrictions in China to have a significant impact on Mead Johnson's operating performance. Sharma thinks that the change could raise the company's volumes by around 5% and enable it to offer less intense price discounts. The analyst keeps a $97 price target and Outperform rating on the shares.
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