Buckingham analyst Eric Larson downgraded B&G Foods to Neutral and also lowered his price target to $23 from $36 after its Q4 earnings miss and below-consensus outlook for 2019. The analyst points to the disappointing net pricing and cost savings metrics in the quarter, stating that "investors will need to see stronger execution in order to restore confidence" that the company's strategies will work in a "difficult operating environment." Larson adds that while B&G Foods has "ample" free cash to support its dividend, the company's expected 2019 EBITDA growth is "anemic".