By: Benzinga
UPDATE: Piper Jaffray Reiterates Overweight Rating, Lowers PT on American Vanguard
In a report published Monday, Piper Jaffray & Co. reiterated its Overweight rating on American Vanguard Corp. (NYSE: AVD ), but lowered its price target from $41.00 to $38.00. Piper Jaffray noted, “Following discussions with crop chemical manufacturers & distributors, we believe investor concerns surrounding increased competition for AVD's corn
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