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Actionable news in JAH: JARDEN CORPORATION,

Will Jarden (JAH) Stock Be Pressured by Piper Jaffray Rating Cut?

NEW YORK (TheStreet) -- Jarden Corp. (JAH - Get Report) stock was downgraded to "hold" from "neutral" from analysts at Piper Jaffray earlier today who said that the rating change is "largely tactical."

The firm, which has a price target of $60, noted that the merger with Newell Rubbermaid (NWL) is moving along as planned with the last remaining external event expected to occur next week.

Ahead of the combination, Jarden stock remains fairly valued, analysts noted.

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