Pinnacle Foods (PF) Reports In-Line Q4 EPS; Guides In-Line

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Pinnacle Foods (PF) PT Raised to $64 at RBC Capital Following Positive 4Q Results; Ups Estimates

February 24, 2017 6:00 AM EST

RBC Capital analyst David Palmer reiterates Outperform rating and raises price target on Pinnacle Foods Inc. (NYSE: PF) to $64 (from $58), noting margin and revenue upside, while raising 2017 and 2018 estimates, as the company delivered positive 2016 fourth quarter results.

Palmer comments, "Following yesterdays 4Q release, we are raising our estimates to reflect more favorable interest... More