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Fly News Breaks for January 15, 2020
SMG
Jan 15, 2020 | 06:29 EDT
Berenberg analyst Alex Maroccia initiated coverage of Scotts Miracle-Gro with a Hold rating and $99 price target. The company's hydroponics business rollout has brought quarterly sales volatility, dampened its margins, and resulted in higher-than-normal leverage, Maroccia tells investors in a research note.
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