Dean Foods (DF): Less Concerned About Input Costs - Jefferies
Get Alerts DF Hot Sheet
Rating Summary:
2 Buy, 11 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 15 | Down: 11 | New: 13
Join SI Premium – FREE
Jefferies analyst, Akshay Jagdale, reiterated his Buy rating on shares of Dean Foods (NYSE: DF) following meetings with COO, Ralph Scozzafava & IR, Sherri Baker. The analyst came away feeling better about the company’s ability to maintain positive margin momentum both short-term and long-term. The analyst believes the company is much more “resistant” to commodity spikes and management's LT goal is to make it more commodity “proof” by increasing its branded mix (organically & via acquisitions) & accelerating its cost cutting efforts.
No change to the $23 PT.
For an analyst ratings summary and ratings history on Dean Foods click here. For more ratings news on Dean Foods click here.
Shares of Dean Foods closed at $17.10 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Fisker (FSR) files form 10-K, sees more job cuts, reiterates going concern doubts
- Dividend 15 Split Corp. II Regular Monthly Dividend Declaration for Preferred Share
- Lake Street Capital Markets Starts Research Solutions Inc. (RSSS) at Buy
Create E-mail Alert Related Categories
Analyst Comments, Management CommentsRelated Entities
Jefferies & CoSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!