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May 8, 2014
07:39 EDTFMCWorries about FMC Corporation ag business seem overblown, says Longbow
After FMC reported in-line EPS but the profitability of its agro-solutions business declined, Longbow thinks the company can meet its 2014 guidance and expect it to generate annual EPS growth in the high teens to low 20s percentage levels for the foreseeable future. The firm keeps a $100 price target and Buy rating on the stock.
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