UBS Cuts Agco To Sell, Sees 10%+ Downside On Low Crop Prices
October 01, 2015 at 12:46 PM EDT
Agco Corp. (AGCO) shares are sliding lower Thursday, hurt by a downgrade at UBS. Reuters Analyst Steven Fisher and his team cut their rating on the stock to Sell from Neutral, with a $39 price target, although they see possible downside to $36. Fisher writes that that he expects the company’s 2016 earnings will again […]