MON FY2Q17 summary: Due to a strong quarter, FY2017 non-GAAP EPS guidance is now expected to be at the high end of the previously issued $4.50-4.90 range. But this hardly matters in the short run insofar as the share price remains tied to investors' calculation of the probability that Bayer's $128/sh buyout offer will be approved by regulatory authorities.
If the Bayer deal does not go through, then MON's strong recent performance should cushion the share-price fall to some degree.
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