UPDATE: Macquarie Upgrades Monsanto (MON) to Outperform
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Price: $10.07 --0%
Rating Summary:
11 Buy, 13 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 11 | New: 32
Rating Summary:
11 Buy, 13 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 11 | New: 32
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(Updated - June 10, 2013 10:06 AM EDT)
Macquarie upgraded Monsanto (NYSE: MON) from Neutral to Outperform with a price target of $117.00 (from $105). Analysts believe concerns about genetically modified wheat found in Oregon and potential second half weakness are overdone.
This weekend it was reported that China approved three new strains of genetically-modified (GM) soybeans and one new variety of corn for import, including Intacta, a key product for Monsanto.
For an analyst ratings summary and ratings history on Monsanto click here. For more ratings news on Monsanto click here.
Shares of Monsanto closed at $101.65 yesterday.
Macquarie upgraded Monsanto (NYSE: MON) from Neutral to Outperform with a price target of $117.00 (from $105). Analysts believe concerns about genetically modified wheat found in Oregon and potential second half weakness are overdone.
This weekend it was reported that China approved three new strains of genetically-modified (GM) soybeans and one new variety of corn for import, including Intacta, a key product for Monsanto.
For an analyst ratings summary and ratings history on Monsanto click here. For more ratings news on Monsanto click here.
Shares of Monsanto closed at $101.65 yesterday.
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