Jefferies Starts Whole Earth Brands Inc. (FREE) at Buy

Jefferies analyst Rob Dickerson initiates coverage on Whole Earth Brands Inc. (NASDAQ: FREE) with a Buy rating and a price target of $22.00.

The analyst commented, "We initiate coverage on Whole Earth Brands, a global sweeteners company, with a Buy rating and a $22 PT. Given the increasing global shift away from traditional sugar combined w/ a positive health-focused consumption backdrop, we believe FREE’sdiversified product portfolio of clean-label/natural sweeteners positions it well for outsized organic growth vs. food peers (with M&A upside), all while valuation remains materially discounted (~35% on P/E & EV/EBITDA)."

For an analyst ratings summary and ratings history on Whole Earth Brands Inc. click here. For more ratings news on Whole Earth Brands Inc. click here.

Shares of Whole Earth Brands Inc. closed at $13.50 yesterday.

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