Scotts Miracle-Gro (SMG) Higher On BofA/Merrill Lynch Upgrade

March 23, 2010 9:48 AM EDT Send to a Friend
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Price: $61.97 -1.45%

Rating Summary:
    1 Buy, 7 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 14 | Down: 28 | New: 51
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Shares of The Scotts Miracle-Gro Co. (NYSE: SMG) are trading 2.4% higher this morning after Bank of America/Merrill Lynch upgraded the shares from Neutral to Buy and raised their price target from $45 to $53.

Shares last traded at $45.78, a new 52-week high.

The Scotts Miracle-Gro Company, together with its subsidiaries, manufactures, markets, and sells lawn and garden care products primarily in North America and the European Union.

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