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Fly News Breaks for December 19, 2017
CPB, LNCE
Dec 19, 2017 | 09:03 EDT
SunTrust analyst William Chappell raised his price target on Snyder's-Lance (LNCE) to $50 after the announcement that the company was being acquired by Campbell Soup (CPB). The target price is equal to the deal price, reflecting the analyst's view that no other bidders will emerge. Chappell keeps his Hold rating on Snyder's-Lance.
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