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Lexmark International (LXK) stock was down 6% in midday trading in the stock market today after Bernstein Research downgraded the printer maker to underperform from market perform, citing valuation and other issues. Bernstein kept its price target at 40. Lexmark stock was trading near 46.50 in afternoon trading Tuesday, up more than 30% in 2014. “Lexmark’s valuation appears relatively full vs. peers and on a sum-of-the-parts basis, even under Scalper1 News
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