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Fly News Breaks for March 20, 2015
BDBD
Mar 20, 2015 | 06:41 EDT
After meeting with management, Piper Jaffray says the "high level of negativity and skepticism" around Boulder Brands presents a good buying opportunity. Piper notes Boulder management admitted that the next six months are critical, as the company needs to secure new distribution gains and have the infrastructure in place to deliver. The firm keeps an Overweight rating on the stock with a $13 price target. It views the risk/reward as favorable at current share levels.
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