Barclays Maintains Equal-Weight on Treehouse Foods, Lowers Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Andrew Lazar maintains an Equal-Weight rating on Treehouse Foods (NYSE:THS) and lowers the price target from $39 to $36.

May 08, 2024 | 6:17 pm
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Barclays maintains an Equal-Weight rating on Treehouse Foods and lowers the price target from $39 to $36.
The reduction in price target by Barclays, a major financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in THS stock price. The maintenance of an Equal-Weight rating indicates that the analyst sees the company as fairly valued at its current price, but the lowered target suggests a reassessment of the company's future growth or profitability prospects.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100