Boulder Brands (BDBD) CEO Resigns, Q2 Revenue Guidance Falls Short
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Boulder Brands (BDBD) Struggle To Generate Consistent Results; Imperial Capital Cuts Price Target
June 12, 2015 7:03 AM EDTImperial Capital maintains an Outperform rating on Boulder Brands (NASDAQ: BDBD), and cut the price target to $12.00 (from $15.00), following the June 10th pre-announcement and resignation of CEO Steve Hughes. Analyst Mitchell Pinheiro believes that the company's struggle to generate consistent results is due to BDBD's singular focus and dependence on distribution gains.
Pinheiro commented, "We are maintaining our Outperform rating and are lowering our one-year price target to... More
Janney Capital Downgrades Boulder Brands (BDBD) to Neutral
June 11, 2015 7:57 AM EDTJanney Capital downgraded Boulder Brands (NASDAQ: BDBD) from Buy to Neutral with a price target of $7.00 (from $11.00).
For an analyst ratings summary and ratings history on Boulder Brands click here. For more ratings news on Boulder Brands click here.
Shares of Boulder Brands closed at $6.91 yesterday.
... MorePiper Jaffray Downgrades Boulder Brands (BDBD) to Neutral as CEO Resigns and Q2 Falls Short
June 10, 2015 10:49 AM EDTPiper Jaffray downgraded Boulder Brands (NASDAQ: BDBD) from Overweight to Neutral with a price target of $7.00 (from $13.00) after the CEO resigned and Q2 fell short.
Analyst Sean Naughton commented, "This morning, Boulder Brands announced that CEO and Co-Founder resigned as well as... More
