FLOWERS FOODS, INC. TO ACQUIRE SIMPLE MILLS

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Truist Securities Reiterates Hold Rating on Flowers Foods (FLO)

January 8, 2025 11:57 AM EST

Truist Securities analyst Bill Chappell reiterated a Hold rating and $23.00 price target on Flowers Foods (NYSE: FLO).

The analyst comments "Earlier today Flowers Foods announced a definitive agreement to acquire privately held Simple Mills for $795M. It's an all cash deal which... More