FLOWERS FOODS DECLARES QUARTERLY DIVIDEND

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Flowers Foods (FLO) PT Raised to $25 at DA Davidson

August 22, 2024 4:03 PM EDT

DA Davidson analyst Brian Holland raised the price target on Flowers Foods (NYSE: FLO) to $25.00 (from $23.00) while maintaining a Neutral rating.

The analyst comments "We remain on the sidelines given gross margin tailwinds are expected to moderate and fresh packaged bread consumption trends... More