Fly News Breaks for August 8, 2019
Aug 8, 2019 | 08:28 EDT
SunTrust analyst William Chappell raised his price target on Hostess Brands to $17 after its Q2 earnings beat and maintained FY19 outlook in spite of the expected ISB divestiture in Q3. The analyst also notes that the company reached a 5-year high in market share but keeps his Hold rating, saying he prefers to see one more strong quarter before becoming "too excited".
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