Based on MON's new earnings guidance I wouldn't be surprised if it traded in the low $60's (maybe even high $50's) sometime over the next 9-12 months, as it trades more in line with the general market.
The valuation reset already occurred, IMHO. Even after all the bad news, MON is a credible mid-teens EPS grower. There are not many large-cap companies who can say that. Regards, Dew
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”