Post Holdings (POST) Tops Q3 EPS by 13c, Offers Outlook

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BMO Capital Raises Price Target on Post Holdings (POST) Following 3Q

August 8, 2016 8:49 AM EDT

BMO Capital reiterated an Outperform rating on Post Holdings (NYSE: POST), and raised the price target to $90.00, following the company's 3Q earnings report. POST reported EBITDA of $231 million, exceeding consensus estimates. Management raised its 2016 EBITDA outlook to $915-925 million (from $893-913 million).

Analyst Kenneth Zaslow commented, "Notwithstanding the margin... More