JPMorgan Downgrades Pinnacle Foods (PF) to Neutral Citing Acquisition
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Kraft Heinz (KHC) Passed on Pinnacle Foods (PF) Bid, Signaling it may Not Want Campbell Soup (CPB) - CNBC
August 2, 2018 12:04 PM EDT(Updated - August 2, 2018 12:09 PM EDT)
Kraft Heinz (NASDAQ: KHC) passed on the opportunity to bid on Pinnacle Foods (NYSE: PF), saying it would not be a good strategic fit, according to CNBC, citing sources. Kraft's reservations may extend to Campbell Soup (NYSE: CPB), the report noted.
... MoreUPDATE: CL King Downgrades Pinnacle Foods (PF) to Neutral Citing Limited Upside to the Current Valuation
August 2, 2018 10:13 AM EDT(Updated - August 2, 2018 10:36 AM EDT)
(updated to correct firm name)
CL King downgraded Pinnacle Foods (NYSE: PF) from Buy to Neutral.
For an analyst ratings summary and ratings history on Pinnacle Foods click here. For more ratings news on Pinnacle Foods click here.
Shares of Pinnacle Foods closed at $66.20 yesterday.
... More