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Fly News Breaks for December 12, 2019
WST
Dec 12, 2019 | 06:11 EDT
BofA/Merrill analyst Juan Avendano downgraded West Pharmaceutical to Underperform from Neutral with a price target of $135, down from $145. The analyst cites a difficult prior year comps weighing on the company's 2020 prospects, along with its "near all-time high valuation" limiting its multiple expansion.
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