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Fly News Breaks for June 8, 2018
SJM
Jun 8, 2018 | 07:34 EDT
Deutsche Bank analyst Rob Dickerson lowered his price target for J.M. Smucker to $97 saying fiscal 2019 represents another year of investment. Management yesterday pointed to a "significant step-up" in marketing expenses in the fiscal year, Dickerson tells investors in a post-earnings research note. He keeps a Hold rating on the shares.
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