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August 20, 2007

Lexmark stock gets a bump after analyst raises rating

Lexmark's stock received a bump early last week after an FTN Midwest analyst raised his rating from sell to neutral. Senior analyst Bill Fearnley Jr. issued his report Tuesday, saying that "while meaningful challenges remain, the stock appears to have discounted some of these issues, and we believe the shares have become more fairly valued." Fearnley noted the shares are down close to 50 percent

From Lexmark stock gets a bump after analyst raises rating

Posted by Chris at August 20, 2007 03:56 PM