Keeping an Overweight rating on the stock, Bernstein sees slowed growth ahead in 2013 amid easing raw-material inflation.
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Asian stock markets were lower overnight amid the sell-off in the raw commodity sector during Asian trading hours.
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Prices did hit a fresh two-week high in the early going, but then backed off the daily high when the raw commodity sector and stock market came under selling pressure just after the U.S. markets opened.
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