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Fly News Breaks for August 1, 2019
THS
Aug 1, 2019 | 20:21 EDT
Stifel analyst Christopher Growe upgraded TreeHouse to Buy and raised his price target to $64 from $62. The analyst cites the progress made in the company's "transformation program" going back two years which included cost reductions, new CEO appointment, and a sale of its cereal/nut business. Growe contends that TreeHouse has become a company with stronger growth, which should become more evident with its Q4 results.
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