Monsanto, rivals eye next step after Syngenta deal collapse

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Monsanto (MON) Numbers Trimmed at Piper Jaffray as Syngenta Deal Ends

August 27, 2015 7:45 AM EDT

Piper Jaffray analyst Brett Wong trimmed estimates and his price target on Monsanto (NYSE: MON) to $133.00 (from $139.00) following the failed bid for Syngenta, but maintained an Overweight rating saying shares are undervalued.

Wong commented, "On Wednesday, Monsanto ended its pursuit to acquire Syngenta's crop... More