Diamond Foods (DMND) Upgraded to Buy at Oscar Gruss Earlier

October 27, 2011 3:54 PM EDT
Get Alerts DMND Hot Sheet
Price: $37.56 --0%

Rating Summary:
    3 Buy, 9 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 10 | Down: 11 | New: 53
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Oscar Gruss' Louis Meyer earlier issued an upgrade on shares of Diamond Foods (NASDAQ: DMND). The analyst now rates the stock a Buy, up from Hold previously. Oscar Gruss has a $75 price target on shares.

The analyst cites a recent ~16 percent decline since the beginning of October. Meyer said he remains "positive on the potential upside from the Pringles transaction and believe DMND shares should trade at a premium multiple."

For more ratings news on Diamond Foods click here and for the rating history of Diamond Foods click here.


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