JPMorgan Downgrades TreeHouse Foods (THS) to Neutral

JPMorgan analyst Ken Goldman downgraded TreeHouse Foods (NYSE: THS) from Overweight to Neutral with a price target of $46.00 (from $47.00).

The analyst comments "We have a Neutral rating on the THS shares. We believe the risk/reward is balanced right now, with questionable
fundamentals balanced by a low valuation multiple. We have a hard time seeing THS meaningfully outperform as long as the economy is in recovery mode and private label is losing share. We have a December 2021 price target of $46."

For an analyst ratings summary and ratings history on TreeHouse Foods click here. For more ratings news on TreeHouse Foods click here.

Shares of TreeHouse Foods closed at $43.07 yesterday.

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