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LNCE

Snyder's-Lance

$37.93

0.59 (1.58%)

08:55
09/28/17
09/28
08:55
09/28/17
08:55

Snyder's-Lance to hold an investor day

Investor Day to be held in New York on September 28 at 9 am. Webcast Link

  • 28

    Sep

LNCE Snyder's-Lance
$37.93

0.59 (1.58%)

03/22/17
UBSW
03/22/17
INITIATION
Target $44
UBSW
Neutral
Snyder's-Lance initiated with a Neutral at UBS
UBS analyst Steven Strycula started Snyder's-Lance with a Neutral rating and $44 price target. The analyst prefers to wait for a more favorable entry point into the shares.
04/17/17
RHCO
04/17/17
DOWNGRADE
RHCO
Hold
Snyder's-Lance downgraded to Hold from Buy at SunTrust
04/17/17
04/17/17
DOWNGRADE
Target $30

Hold
Snyder's-Lance downgraded after guidance cut, CEO departure at SunTrust
As previously reported, SunTrust analyst William B. Chappell, Jr. downgraded Snyder's-Lance to Hold from Buy after the company's Q1 results missed estimates, its guidance was lowered, and its CEO departed, saying he has limited confidence that trends will improve in the near-term and sees limited catalysts over the next few quarters. The analyst lowered his price target on Snyder's-Lance shares to $30 from $45.
04/18/17
UBSW
04/18/17
NO CHANGE
Target $37
UBSW
Neutral
Better visibility needed to be more constructive on Snyder's-Lance, says UBS
UBS analyst Steven Strycula questioned whether Snyder's-Lance shares were oversold with yesterday's 15% move lower following its profit warning. Strycula noted it caught investors off-guard, as did the company's swift CEO change. The analyst said despite its selloff, the shares did not get cheaper on a near-term basis and for him to get more constructive he would need more visibility, which will hopefully be addressed on the its May 8 earnings call. Strycula maintained his Neutral rating and lowered his price target to $37 from $44 on Snyder's-Lance shares.

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