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Fly News Breaks for September 25, 2019
NSRGY
Sep 25, 2019 | 05:20 EDT
RBC Capital analyst James Jones downgraded Nestle to Underperform from Sector Perform and lowered his price target for the shares to 92 francs from 98 francs. The analyst believes the company's "easy victories have been won" and that reaching the bottom-end of its mid-single-digit revenue growth target will be a "big ask."
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