Stifel Nicolaus Downgrades Pinnacle Foods (PF) to Hold
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/22/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
BMO Capital Downgrades Pinnacle Foods (PF) to Market Perform
May 13, 2014 6:50 AM EDTBMO Capital downgraded Pinnacle Foods (NYSE: PF) from Outperform to Market Perform with a price target of $36.00 (from $31.00).
For an analyst ratings summary and ratings history on Pinnacle Foods click here. For more ratings news on Pinnacle Foods click here.
Shares of Pinnacle Foods closed at $34.47 yesterday.
... MoreHillshire Brands (HSH) to Acquire Pinnacle Foods (PF) in $6.6B Deal
May 12, 2014 6:32 AM EDTHillshire Brands (NYSE: HSH) and Pinnacle Foods Inc. (NYSE: PF) announced that they have entered into a definitive agreement under which Hillshire Brands will acquire all outstanding shares of Pinnacle Foods in a cash and stock transaction. Under the terms of the agreement, each share of Pinnacle Foods common stock will be exchanged for $18.00 in cash and 0.50 shares of Hillshire Brands common stock. The total enterprise value of the transaction is approximately $6.6 billion, including Pinnacle Foods outstanding net debt, which reflects an adjusted EBITDA multiple of 9.6x. The transaction brings... More
