Fly News Breaks for February 6, 2018
Feb 6, 2018 | 07:01 EDT
Jefferies analyst Akshay Jagdale downgraded Snyder's-Lance (LNCE) to Hold citing the acquisition by Campbell Soup (CPB). The chance of a higher, alternative bid emerging is "fairly remote" given the transaction's rich valuation, Jagdale tells investors in a research note. The analyst raised his price target for the shares to $50 from $44 and expects the deal to close in Q2.
News For LNCE;CPB From the Last 2 Days
There are no results for your query LNCE;CPB