By: Benzinga
February 06, 2013 at 12:56 PM EST
UPDATE: Jefferies Raises PT on AGCO Corporation on EPS Guidance
In a report published Wednesday, Jefferies reiterated its Buy rating on AGCO Corporation (NYSE: AGCO ), and raised its price target from $58.00 to $62.00. Jefferies noted, “AGCO reported EPS of $0.99 ex. items, $0.04 ahead of our estimate (cons $0.98). Sales were above our estimates but EBIT margin of
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