Information Provided By:
Fly News Breaks for April 25, 2017
APFH, TSN
Apr 25, 2017 | 10:19 EDT
Pivotal Research analyst Timothy Ramey said Tyson Foods' (TSN) synergy targets for the AdvancePierre Foods (APFH) are aggressive. Tyson expects $200M in cost synergies over three years, implying the adjusted EBITDA margins soaring to 31.8% from 19.1% in three years, which the analyst finds unlikely. Ramey said the overall margins for Prepared Food are flattish even with these "tremendous" synergies and maintained its Sell rating and a $40 price target.
News For TSN;APFH From the Last 2 Days
There are no results for your query TSN;APFH