Fly News Breaks for August 5, 2019
Aug 5, 2019 | 07:21 EDT
H.C. Wainwright analyst Raghuram Selvaraju lowered his price target for Balchem to $95 from $110 after the company's Q2 results missed his estimates. While multiple headwinds have affected the company's animal nutrition and health businesses, the company communicated that feedstocks remain relatively stable outside Europe, Selvaraju tells investors in a research note. The analyst reiterates a Buy rating on Balchem.
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