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AGFS

AgroFresh Solutions

$2.87

-0.02 (-0.69%)

16:19
11/29/16
11/29
16:19
11/29/16
16:19

AgroFresh takes minority stake in food freshness startup RipeLocker

AgroFresh Solutions said it has made a minority investment in RipeLocker and its proprietary system for low-pressure vacuum containers that aim to extend the shelf life and reduce the decay of perishable produce. "RipeLocker, a start-up company led by food industry veteran George Lobisser, uses a unique, patent pending system to provide a portable solution for maintaining the atmospheric pressure, humidity and gas composition that is intended to best preserve the quality of perishable fruits... RipeLocker is being tested by major fruit grower/packers," the company noted. technology CEO Jordi Ferre remarked that "RipeLocker is another potential avenue for AgroFresh to expand into new technologies serving the high-value segments of the produce industry, including the organic segment."

AGFS AgroFresh Solutions
$2.87

-0.02 (-0.69%)

02/02/16
FLTL
02/02/16
INITIATION
Target $10.26
FLTL
Buy
AgroFresh Solutions initiated with a Buy at Feltl
Target $10.26.
02/12/16
SBSH
02/12/16
INITIATION
Target $7
SBSH
Buy
AgroFresh Solutions initiated with a Buy at Citi
Citi analyst Daniel Jester started AgroFresh Solutions with a Buy rating and $7 price target.
02/12/16
02/12/16
INITIATION

On The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: AgroFresh Solutions (AGFS) initiated with a Buy at Citi... Alliance Data (ADS) initiated with a Buy at Jefferies... Kroger (KR) initiated with a Buy at Stifel... Spectranetics (SPNC) initiated with a Buy at NorthcoastVSprouts Farmers Markets (SFM) initiated with a Buy at Stifel... The Fresh Market (TFM) initiated with a Hold at Stifel.
11/10/16
SBSH
11/10/16
DOWNGRADE
Target $2.75
SBSH
Neutral
AgroFresh Solutions downgraded to Neutral from Buy at Citi
Citi analyst Daniel Jester downgraded AgroFresh Solutions to Neutral saying the "disappointing" Q3 results highlight the company's long-term challenges. AgroFresh is seeing slower than expected growth in new products, Jester tells investors in a research note. He cut his price target for the shares to $2.75 from $7.

TODAY'S FREE FLY STORIES

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DG

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SBUX

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  • 25

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KMB

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KMI

Kinder Morgan

$19.45

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KMB

Kimberly-Clark

$117.26

0.35 (0.30%)

10:27
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PFIE

Profire Energy

$2.01

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10:26
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Conference/Events
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NFLX

Netflix

$227.58

7.12 (3.23%)

10:25
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Conference/Events
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MLHR

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RARE

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EBAY

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KMB

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JAX

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$10.23

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FTI

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$NSD

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$NYE

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CAMP

CalAmp

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TSLA

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