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Lexmark gains as Credit Suisse upgrades amid M&A hopes

Citing Lexmark's (LXK ) recent selloff, Credit Suisse's Kulbinder Garcha has upgraded the printer/content management software provider to Neutral ahead of its Feb. 23 Q4 report. His target remains $31. Shares are now over the last two days. They jumped yesterday after Bloomberg reported Lexmark had received bids from P-E firms Thoma Bravo and Vista Equity for its software unit. Read More...

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