Monsanto (MON) Tops Q3 EPS by 6c; Adjusts FY14 EPS Outlook; Approves $10B Buyback

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Monsanto (MON) Hold Rating Maintained a Topeka Despite Large Buyback

June 27, 2014 9:00 AM EDT

Topeka Capital maintained a Hold rating on Monsanto (NYSE: MON) with a price target of $131. Analyst Chris Kapsch said its $10 billion buyback improves risk/reward, but he remains sidelined.

"MONs bold capital allocation shiftannouncing a $10B share repurchase program, on top of its... More

Monsanto (MON): Captial Redeployment Trumps Lower Earnings Quality, Says Goldman Sachs

June 25, 2014 11:01 AM EDT

Goldman Sachs maintained a Buy rating on Monsanto (NYSE: MON) with a price target of $125. Analyst Robert Koort commented on Q3 results and guidance. In his view, capital redeployment trumps lower earnings quality.

"MON raised its FY2014 EPS guidance to $5.10-$5.20 from $5.00-$5.20 vs. our/consensus estimates of $5.24/$5.25. This... More