By: Benzinga
January 03, 2013 at 08:50 AM EST
UPDATE: Morgan Stanley Downgrades C.R. Bard to Underweight on Lagging Organic Growth
Morgan Stanley downgraded C.R. Bard (NYSE: BCR ) from Equal-weight to Underweight with a $91 price target. Morgan Stanley noted, "Bard's growth has steadily dropped over the past two years from 5% growth in 1Q11 to 1.5% growth in 3Q12. While utilization is certainly a factor, we attribute
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