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Fly News Breaks for June 9, 2016
LNCE
Jun 9, 2016 | 08:55 EDT
As noted earlier, BMO Capital upgraded Snyder's Lance to Outperform from Market Perform. The firm thinks that Snyder's Lance will benefit from "attractive sales growth and operating margin expansion opportunities." The firm is upbeat on the company's acquisition of Diamond Foods, and it thinks the stock's valuation is attractive. Target to $40 from $36.
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