DA Davidson Initiates Coverage On Flowers Foods with Neutral Rating, Announces Price Target of $24
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Brian Holland has initiated coverage on Flowers Foods (NYSE:FLO) with a Neutral rating and set a price target of $24.
March 01, 2024 | 10:45 am
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NEUTRAL IMPACT
Flowers Foods receives a Neutral rating from DA Davidson with a price target of $24.
The initiation of coverage by DA Davidson with a Neutral rating and a specific price target provides investors with a new analytical perspective on Flowers Foods. However, a Neutral rating suggests that the analyst sees the stock performing in line with the market or sector, implying no significant short-term price movement expected from this announcement alone.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100