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Fly News Breaks for October 8, 2015
MON
Oct 8, 2015 | 06:45 EDT
Deutsche Bank analyst David Begleiter says the "robust" 2017 guidance and $3B accelerated share repurchase program offset Monsanto's Q4 miss and "weak" 2016 guidance. He views the stock as attractively valued at current levels and keeps a Buy rating on the name. Following the Q4 results, Begleiter cut his price target for shares to $104 from $110.
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