Deutsche Bank Maintains a 'Buy' on Mead Johnson Nutrition (MJN); Latin America In Focus
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Price: $89.98 --0%
Rating Summary:
3 Buy, 15 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
3 Buy, 15 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Deutsche Bank maintains a 'Buy' on Mead Johnson Nutrition (NYSE: MJN) price target raised from $79 to $85.
Analyst, Eric Katzman, said, "Although Mead's stock has performed well with valuation reaching new heights, we nevertheless retain our opinion. Particularly when focused LT, we see opportunity as emerging markets across Asia and Latin America grow rapidly, Mead continues to gain share and the U.S. market eventually rebounds."
Deutsche Bank raises FY12 EPS estimate from $3.07 to $3.08 and revenues from $3.974 bln to $4.034 bln.
For an analyst ratings summary and ratings history on Mead Johnson Nutrition click here. For more ratings news on Mead Johnson Nutrition click here.
Shares of Mead Johnson Nutrition closed at $79.76 yesterday.
Analyst, Eric Katzman, said, "Although Mead's stock has performed well with valuation reaching new heights, we nevertheless retain our opinion. Particularly when focused LT, we see opportunity as emerging markets across Asia and Latin America grow rapidly, Mead continues to gain share and the U.S. market eventually rebounds."
Deutsche Bank raises FY12 EPS estimate from $3.07 to $3.08 and revenues from $3.974 bln to $4.034 bln.
For an analyst ratings summary and ratings history on Mead Johnson Nutrition click here. For more ratings news on Mead Johnson Nutrition click here.
Shares of Mead Johnson Nutrition closed at $79.76 yesterday.
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