BofA/Merrill Lynch Downgrades Baxter International (BAX) to Neutral

BofA/Merrill Lynch downgraded Baxter International (NYSE: BAX) from Buy to Neutral with a price target of $40.00 (from $78.00).

For an analyst ratings summary and ratings history on Baxter International click here. For more ratings news on Baxter International click here.

Shares of Baxter International closed at $38.86 yesterday.

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