Pall Corp. (PLL) Tops Q2 EPS by 1c; Lowers FY15 Outlook on FX

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BofA/Merrill Lynch Downgrades Pall Corp (PLL) to Neutral

February 26, 2015 6:22 AM EST

BofA/Merrill Lynch downgraded Pall Corp (NYSE: PLL) from Buy to Neutral and maintains a price target of $108.00.

Analyst Derik de Bruin cited valuation, saying while a good story with steady growth and expanding margins the stock is not cheap.

The firm cut... More