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Fly News Breaks for April 29, 2019
THS
Apr 29, 2019 | 07:12 EDT
As previously reported, Wells Fargo analyst John Baumgartner upgraded TreeHouse to Outperform from Market Perform on improving competitive environment behind increasing capacity utilization and new business, better private label pricing and distribution growth, and restructuring efforts that are on/ahead of schedule and on budget. Overall, the analyst sees positive risk/reward for the shares. Baumgartner also raised his price target on the stock to $80 from $60.
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