Glancy Prongay & Murray Commences Investigation on Behalf of Flower Foods, Inc. Investors

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Jefferies Cuts Price Target on Flowers Foods (FLO) Following 2Q Results

August 11, 2016 8:27 AM EDT

Jefferies reiterated a Buy rating on Flowers Foods (NYSE: FLO), and cut the price target to $20.00 (from $23.00), following the company's 2Q earnings report. 2Q16 sales of $935M were $11M or 1% below consensus. SG&A expenses were lower than expected resulting in a... More