Post Holdings to Acquire Weetabix for £1.4 Billion

Go back to Post Holdings to Acquire Weetabix for £1.4 Billion

Post Holdings (POST) PT Raised to $105 at Pivotal Research Following Announced Weetabix Acquisition

April 18, 2017 10:45 AM EDT

Pivotal Research raised its price target on Post Holdings (NYSE: POST) to $105.00 (from $95.00) while maintaining a Buy rating following the company's announced acquisition of Weetabix Ltd. for $1.778 billion. POST also pre-announced 2Q earnings results at $228 million EBITDA on $1.25 billion of sales, both in-line... More