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Fly News Breaks for April 2, 2018
DF
Apr 2, 2018 | 17:05 EDT
Deutsche Bank analyst Rob Dickerson resumed coverage of Dean Foods with a Hold rating and $9 price target. The firm previously rated the shares a Buy before suspending coverage under a different analyst. Dickerson sees too many near-term headwinds, including pricing pressure and declining U.S. consumption, to recommend the stock. He believes, however, that Dean could make a strategic asset for potential acquirers.
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