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Fly News Breaks for June 27, 2017
BAYRY, MON
Jun 27, 2017 | 07:56 EDT
As previously reported, Susquehanna analyst Don Carson downgraded Monsanto (MON) to Neutral from Positive. The downgrade reflects the 9% upside to the $128 price target offer from Bayer (BAYRY), which is less than the firm's 15% threshold for a Positive rating. The companies expects the deal to close by calendar year-end 2017.
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