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Friday, 06/10/2011 10:40:40 AM

Friday, June 10, 2011 10:40:40 AM

Post# of 32
Gabelli is out with its report today on J.M. Smucker (NYSE: SJM), downgrading SJM from Buy to Hold.

In a note to clients, Gabelli writes, "SJM faces several challenges going into FY2012, although the earnings guidance is achievable, we are changing our recommendation to a Hold based on valuation and potential 2H challenges."


Source: http://www.benzinga.com/analyst-ratings/analyst-color/11/06/1157137/update-gabelli-downgrades-j-m-smucker-to-hold#ixzz1OssZRNZk
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