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Fly News Breaks for October 26, 2016
WAT
Oct 26, 2016 | 08:48 EDT
Cowen analyst Doug Schenkel lowered his price target on Waters to $147 from $160 as Q3 results were below expectations. The analyst feels pharma should grow enough to support margin expansion, providing a floor on earnings and limited downside on the shares. Schenkel maintained his Outperform rating on Waters shares.
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