Deutsche Bank Maintains Hold on Hostess Brands, Lowers Price Target to $24
Portfolio Pulse from jenniferd'souza@benzinga.com
Deutsche Bank analyst Steve Powers has maintained a 'Hold' rating on Hostess Brands (NASDAQ:TWNK) and lowered the price target from $25 to $24.

August 09, 2023 | 4:22 pm
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Deutsche Bank has maintained a 'Hold' rating on Hostess Brands and lowered the price target from $25 to $24.
The news directly pertains to Hostess Brands (TWNK). The 'Hold' rating suggests that Deutsche Bank does not expect significant price movement in the short term. However, the lowering of the price target might have a slight negative impact, as it suggests a lower valuation for the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100