Jefferies Boosts Price Target on Monsanto (MON)
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Price: $10.07 --0%
Rating Summary:
11 Buy, 13 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
Rating Summary:
11 Buy, 13 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
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Jefferies adjusted estimates and raised its price target Monsanto (NYSE: MON) from $78 to $89 following Q2 EPS, which was $0.16 above consensus, driven by corn in the US. The company also conservatively raised its FY12 outlook by $0.10, setting the EPS range to $3.49-$3.54.
Jefferies trimmed Q3 EPS from $1.48 to $1.34 and raised full year EPS estimate by $0.09 to $3.53.
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 $80.58 yesterday.
Jefferies trimmed Q3 EPS from $1.48 to $1.34 and raised full year EPS estimate by $0.09 to $3.53.
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 $80.58 yesterday.
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