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Biotech / Medical : Monsanto Co.
MTC 2.460-3.1%Nov 25 3:59 PM EST

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To: Dan Spillane who wrote (43)12/4/1997 2:00:00 PM
From: bocaburgerman  Read Replies (1) of 2539
 
It's about time this thread woke up. Here's an upgrade from Merrrill.

NEW YORK, Dec 4 (Reuters) - Merrill Lynch said on Thursday it raised its rating on shares of Monsanto Co to a near-term accumulate from neutral while keeping its long-term buy rating on the stock.
-- Analyst Doug Groh said work Monsanto has done to develop businesses like Searle and agricultural products is now starting to pay benefits.

-- Company also announced at a meeting on Wednesday it would focus efforts on the area of genomics, which Groh said could be a source of strong growth.

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