By Guy Montague-Jones2011-08-30T00:00:00
Bernstein Research has downgraded Nestlé shares for the first time since it began covering the stock in 2002. Downgrading the stock from ‘outperform’ to ‘market perform’, Bernstein analyst Andrew Wood said Nestlé shares may have been bid too high by investors eager to hold a strong company in Swiss Francs
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