Canaccord Genuity Maintains a 'Hold' on Annie's, Inc. (BNNY); Q4 Preview

May 30, 2012 8:20 AM EDT Send to a Friend
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Price: $46.01 -0.13%

Rating Summary:
    2 Buy, 8 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 9 | Down: 10 | New: 42
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Canaccord Genuity maintains a 'Hold' on Annie's, Inc. (NYSE: BNNY) price target of $40.00.

Analyst, Scott Van Winkle, said, "We believe Annie’s enjoys one of the strongest brands in the natural/organic food industry, which along with a highly efficient
business model and favorable sector growth should deliver strong growth, high margins and impressive financial returns...We forecast revenue of $40M and pro forma EPS of $0.20, compared to consensus of $40.5M and $0.20, respectively."

For an analyst ratings summary and ratings history on Annie's, Inc. click here. For more ratings news on Annie's, Inc. click here.

Shares of Annie's, Inc. closed at $41.11 yesterday.

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