J.M. Smucker Shares Fall After Morgan Stanley Downgrade

MT Newswires Live01-17

J.M. Smucker (SJM) shares fell 2.6% in recent Friday trading after Morgan Stanley downgraded the packaged food maker's stock to equal weight from overweight and lowered price target to $105 from $115.

Trading volume stood at over 1 million shares, compared with a daily average of more than 1.6 million shares.

Price: 102.08, Change: -2.70, Percent Change: -2.58

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