Dean Foods (DF) PT Lowered to $15 at BMO Capital on 2Q Report; 'Deeper Volume Declines in 2H17'
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Price: $0.80 --0%
Rating Summary:
2 Buy, 11 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 14 | New: 26
Rating Summary:
2 Buy, 11 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 14 | New: 26
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BMO Capital lowered its price target on Dean Foods (NYSE: DF) to $15.00 (from $20.00) while maintaining a Market Perform rating, following the company's second quarter.
Analyst Amit Sharma ntoes the company delivered second quarter earnings per share and revenues results below consensus projections, fueled by deeper volume declines, a challenging pricing and competitive environment, despite undemanding valuation.
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