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Fly News Breaks for July 16, 2015
PF
Jul 16, 2015 | 06:36 EDT
Deutsche Bank downgraded Pinnacle Foods to Hold saying the risk/reward is no longer favorable following the 30% rally in shares year-to-date. Deutsche thinks shares have benefited from M&A speculation, but its analysis of possible scenarios yield minimal upside from current levels. It has a $45 price target for shares.
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