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Fly News Breaks for August 13, 2015
STKL
Aug 13, 2015 | 09:25 EDT
After SunOpta reported lower than expected EPS, DA Davidson lowered its estimates and cut its price target on the name to $12.50 from $14. However, the firm expects the company's Global Ingredients unit to meet its 6%-8% margin target a year early, and it predicts that new customer wins will enable the Consumer Products unit to rebound. DA Davidson trimmed its price target on the name to $12.50 from $14 and keeps a Buy rating.
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