Pinnacle Foods (PF) Tops Q1 EPS by 3c

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Pinnacle Foods (PF) PT Raised to $65 at Credit Suisse; Higher Multiple Amid Revenue Growth

April 27, 2017 3:17 PM EDT

Credit Suisse raised its price target on Pinnacle Foods (NYSE: PF) to $65.00 (from $62.00) while maintaining a Outperform rating based on a higher multiple.

Robert Moskow said the main increase is related to revenue growth exceeding their pessimistic expectations and management's guidance... More