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Fly News Breaks for August 11, 2015
NSRGY
Aug 11, 2015 | 07:54 EDT
Bernstein expects Nestle's Q2 results to beat expectations, driven by solid sales growth, "decent" margin expansion, and "strong" EPS growth. The firm expects the company to reiterate its fiscal 2015 guidance of around 5% organic growth, and it finds the stock's valuation attractive. Bernstein keeps an Outperform rating on the shares.
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