Stifel Maintains Hold on Treehouse Foods, Lowers Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Matthew Smith maintains a Hold rating on Treehouse Foods (NYSE:THS) and lowers the price target from $38 to $36.
May 07, 2024 | 1:01 pm
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Stifel analyst Matthew Smith maintains a Hold rating on Treehouse Foods and lowers the price target from $38 to $36.
The reduction in price target by Stifel suggests a bearish outlook on the stock's short-term price potential, likely due to revised earnings expectations or market conditions. This adjustment could lead to a negative perception among investors, potentially impacting the stock's price negatively in the short term.
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