Lexmark International, Inc. (LXK) Tops Q2 EPS by 7c, Sales Beat
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Standpoint Research Downgrades Lexmark International (LXK) to Hold
July 23, 2013 12:35 PM EDTStandpoint Research downgraded Lexmark International (NYSE: LXK) from Buy to Hold saying with the shares up 100% in the last twelve months including the 11% gain today they are now fairly valued at > 10X and less than $2 away from the firm's price target.
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