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Fly News Breaks for November 11, 2019
POST
Nov 11, 2019 | 07:48 EDT
BMO Capital analyst Kenneth Zaslow resumed coverage of Post Holdings with a lowered rating to Market Perform from Outperform and a price target of $115. The analyst likes the company's "strategic vision, high growth portfolio, and strategic capital investments", calling it "one of the more innovative strategies across the food industry". However, Zaslow also sees these positives offset by Post Holdings lacking any near term catalysts while pointing to its "operational miscues" in justifying a neutral rating.
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