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Fly News Breaks for May 14, 2018
DF
May 14, 2018 | 07:16 EDT
As previously reported, Deutsche Bank analyst Rob Dickerson downgraded Dean Foods to Sell from Hold after the stock rallied 25% since the company's Q1 earnings report about a week ago, saying he still sees four fundamental challenges facing the company - continued declines in U.S. dairy milk consumption; its low-margin structured business; increasing vertical category integration by retailers; and what he views as low odds of transformative acquisitions. Dickerson raised his price target on Dean Foods shares to $9 from $8.
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