Information Provided By:
Fly News Breaks for April 18, 2017
LNCE
Apr 18, 2017 | 07:51 EDT
UBS analyst Steven Strycula questioned whether Snyder's-Lance shares were oversold with yesterday's 15% move lower following its profit warning. Strycula noted it caught investors off-guard, as did the company's swift CEO change. The analyst said despite its selloff, the shares did not get cheaper on a near-term basis and for him to get more constructive he would need more visibility, which will hopefully be addressed on the its May 8 earnings call. Strycula maintained his Neutral rating and lowered his price target to $37 from $44 on Snyder's-Lance shares.
News For LNCE From the Last 2 Days
There are no results for your query LNCE