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Fly News Breaks for October 13, 2016
POST
Oct 13, 2016 | 06:29 EDT
Wells Fargo analyst John Baumgartner yesterday added Post Holdings to his firm's Priority Stock List. Egg EBITDA could prove resilient amid temporary pressures and the stock's fails to reflect accelerating momentum in much of the remaining 70% of the business, Baumgartner told investors in a research note. He also thinks Post's M&A optionality is underappreciated. The analyst has a $102-$103 price target range for the shares.
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