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Fly News Breaks for December 22, 2015
NEOG
Dec 22, 2015 | 07:33 EDT
Craig-Hallum analyst Charles Haff downgraded Neogen to Hold citing mixed Q2 results and lowered his price target on shares to $65 from $70. Haff said Neogen reported strong revenue growth but its mix towards Animal Safety is causing lower operating margins and ContraPest is taking longer than expected to develop attractive baitforms.
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