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Fly News Breaks for June 10, 2016
SJM
Jun 10, 2016 | 07:48 EDT
Jefferies analyst Akshay Jagdale downgraded J.M. Smucker to Hold and raised his price target for the shares to $143 from $140 following the company's Q4 results. The analyst views the stock's risk/reward as balanced at current levels amid rising commodity costs and the management transition.
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