Goldman Sachs Starts The WhiteWave Foods Company (WWAV) at Neutral; Prefers Dean Foods (DF)

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Goldman Sachs Upgrades Dean Foods (DF) to Buy, Sees 33% Upside

November 19, 2012 6:47 AM EST

Goldman Sachs upgraded Dean Foods (NYSE: DF) from Neutral to Buy with a price target of $22.00 (from $20.00), suggesting 33% upside.

The firm views Dean Foods as a compelling sum-of-the-parts story as: "(1) we expect a full spin-off of WhiteWave (WWAV please see our separate initiation report... More