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Fly News Breaks for March 3, 2016
MON
Mar 3, 2016 | 07:02 EDT
Deutsche Bank analyst David Begleiter expects shares of Monsanto to be range-bound in the near-term after the company preannounced an earnings shortfall. Monsanto is better positioned than peers to continue investing in research and development and new product platforms thru the downturn, Begleiter tells investors in a research note. He lowered his price target for the shares to $105 from $110 and keeps a Buy rating on the name.
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