Boulder Brands (BDBD) Misses Q2 EPS 1c, to Explore Strategic Alternatives

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Piper Jaffray Raises Price Target on Boulder Brands (BDBD) Following 2Q15

August 7, 2015 8:57 AM EDT

Piper Jaffray reiterated a Neutral rating on Boulder Brands (NASDAQ: BDBD), and raised the price target on $9.00 (from $7.00), following 2Q15 results. Analyst Sean Naughton said Q2 results were marked by significant sales declines (-10.4% y/y), well below updated guidance given on June 10.... More