By: Benzinga
UPDATE: Topeka Capital Raises PT on Monsanto Company on Cross-Licensing Deal
In a report published Wednesday, Topeka Capital Markets analyst Chris Kapsch reiterated a Buy rating on Monsanto Company (NYSE: MON ), and raised the price target from $113.50 to $120.50. In the report, Kapsch noted, “The cross-licensing deal announced between DuPont and Monsanto is a meaningful positive for MON, increasing
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