Dean Foods (DF) Down After Two Analysts Knock the Stock
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Shares of Dean Foods (NYSE: DF) are down 2.5% after Morgan Stanley downgraded shares of the dairy company from Overweight to Equal Weight, citing valuation.
Adding to downward pressure in the stock, JP Morgan removed Dean Foods from his Focus List, citing the recent run-up in the shares, although the firm continues to rate the stock at Overweight.
Even with today's downside action, shares of Dean Foods have risen over 17% in the last month, although they are down 5% YTD.
Dean Foods Company, together with its subsidiaries, operates as a food and beverage company in the United States. The Company has two segments: the Dairy Group and WhiteWave Foods.
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