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Fly News Breaks for October 29, 2015
LNCE
Oct 29, 2015 | 07:27 EDT
SunTrust upgraded Snyder's-Lance (LNCE) to Buy following yesterday's announcement of the acquisition of Diamond Foods (DMND) and updated guidance. The analyst believes management's estimates regarding the legacy business and accretion of the deal are highly conservative. SunTrust raised its price target on shares to $45 from $30.
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