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Stock Market & Financial Investment News

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January 14, 2014
07:16 EDTCOVCovidien shares should be bought on pullbacks, says RBC Capital
RBC Capital believes that Covidien's operating margin will bottom in FY14. The firm thinks the company's EPS growth can reach 10% or more in the near-term, but it believes this outlook is already reflected in the stock's valuation. It keeps a Sector Perform rating on the stock.
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