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Fly News Breaks for July 24, 2019
NEOG
Jul 24, 2019 | 09:08 EDT
Craig-Hallum analyst Kevin Ellich raised his price target for Neogen to $78 from $72 as year over year comparisons get easier in 2020 and he expects organic growth to accelerate. The analyst notes that Q4 results were in-line with Street estimates primarily due to strong Food Safety growth while animal protein headwinds continue to impact the Animal Safety business. Ellich reiterates a Buy rating on the shares.
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