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Fly News Breaks for August 1, 2019
SMG
Aug 1, 2019 | 09:16 EDT
SunTrust analyst William Chappell raised his price target on Scotts Miracle-Gro to $120 and kept his Buy rating after its above-consensus Q3 results, raised FY19 guidance, and "initial positive commentary" on FY20 sales. The analyst sees the continued profitability progression in the Hawthorne segment as an "important factor" for the stock in quarters to come.
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