Pinnacle Foods Reports Strong Second Quarter Results and Raises Guidance for the Year
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RBC Capital Adjusts Estimates Following Pinnacle Foods (PF) 2Q EPS Beat
July 29, 2016 7:45 AM EDTRBC Capital reiterated an Outperform rating on Pinnacle Foods (NYSE: PF), and raised the price target to $56.00 (from $54.00), following the company's 2Q earnings report. Strong results included a $0.05 EPS beat. RBC increased 2016 and 2017 EPS estimates of $2.13 and $2.49 to $2.19 and $2.54.
Analyst David Palmer... More
