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Fly News Breaks for March 2, 2016
STKL
Mar 2, 2016 | 07:57 EDT
As noted earlier, DA Davidson downgraded SunOpta to Neutral from Buy. The firm downgraded the stock after the company reported lower than expected EPS. The firm thinks that overcapacity issues, the company's inability to obtain all potential synergies from Sunrise, and its "hefty debt burden" all increase its risk. Target to $6 from $7.50.
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