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Fly News Breaks for April 17, 2017
LNCE
Apr 17, 2017 | 11:26 EDT
As previously reported, SunTrust analyst William B. Chappell, Jr. downgraded Snyder's-Lance to Hold from Buy after the company's Q1 results missed estimates, its guidance was lowered, and its CEO departed, saying he has limited confidence that trends will improve in the near-term and sees limited catalysts over the next few quarters. The analyst lowered his price target on Snyder's-Lance shares to $30 from $45.
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