Deutsche Bank Maintains Hold on Flowers Foods, Lowers Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Steve Powers maintains a Hold rating on Flowers Foods (NYSE:FLO) and lowers the price target from $26 to $24.
May 22, 2023 | 2:10 pm
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Deutsche Bank maintains a Hold rating on Flowers Foods and lowers the price target from $26 to $24.
The news directly mentions Flowers Foods (FLO) and the lowered price target by Deutsche Bank. This may cause some investors to reconsider their positions, but the Hold rating suggests that the stock is not expected to have significant short-term price movement. The impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100