UPDATE: Mead Johnson (MJN) Cooperating with China in Antitrust Investigation
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Morgan Stanley Downgrades Mead Johnson Nutrition (MJN) to Equalweight
July 5, 2013 6:50 AM EDTMorgan Stanley downgraded Mead Johnson Nutrition (NYSE: MJN) from Overweight to Equalweight.
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 $68.85 yesterday, with a 52 week range of $61.27-$86.87.... More
Abbott Labs (ABT) China Pediatric Nutrition Sales Less Than $500M
July 3, 2013 10:17 AM EDTWells Fargo today maintained an Outperform rating on Abbott Labs (NYSE: ABT). Comments follow news Abbott was among foreign providers of infant milk named in a China antitrust investigation. Analyst Larry Biegelsen noted that Aboott's exposure to in China is less than 3% of... More
Goldman Sachs Downgrades Mead Johnson Nutrition (MJN) to Neutral
July 3, 2013 9:43 AM EDTGoldman Sachs downgraded Mead Johnson Nutrition (NYSE: MJN) from Buy to Neutral.
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 $74.90 yesterday, with a 52 week range of $61.27-$86.87.... More
Wells Fargo Cuts Mead Johnson Nutrition (MJN) to Market Perform
July 3, 2013 8:37 AM EDTWells Fargo downgraded Mead Johnson Nutrition (NYSE: MJN) from Outperform to Market Perform with a price target of $77.00 (from $88.00).
Analyst John Baumgartner said, "First, is 7/2s news China will be investigating formula market leaders for price fixing and antitrust issues. Second, weakening GDP growth in... More
