UPDATE: Wedbush Downgrades Pall Corporation to Neutral
Wedbush lowers its rating on Pall Corporation (NYSE: PLL) to Neural from Outperform as upside remains modest in the near term. Price target is unchanged at $64.
Wedbush notes, "Given the meaningful appreciation in the share price since the announced hire of Larry Kingsley and a softening in some of PLL's core growth markets, we believe meaningful share appreciation from these levels may be challenging."
PLL closed at $61.20 a share yesterday.
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