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Fly News Breaks for July 12, 2016
PF
Jul 12, 2016 | 06:37 EDT
Goldman analyst Jason English upgraded Pinnacle Foods to Buy and raised its price target to $57 from $48 saying valuation offers a compelling entry point. The analyst expects better performance in its center-store grocery division driven by improved pricing and working capital inflows and lower capex leading to free cash flow above the Street.
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