Credit Suisse Lowers Earnings Estimates on Mead Johnson (MJN)

Credit Suisse reported on Monday that it has reduced its estimates for Nutrition company, Mead Johnson Nutrition CO (MJN).

The firm has lowered its earnings estimates through 2014 for MJN. Analysts have cut estimates due to the risk in Hong Kong.

Mead Johnson shares were mostly flat during premarket trading Monday. The stock has declined -5% in the past year.

The Bottom Line
Shares of Mead Johnson Nutrition CO (MJN) have a 1.82% yield, based on Friday’s closing price of $74.93.

Mead Johnson Nutrition CO (MJN) is not recommended at this time, holding a DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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