John Baumgartner, an analyst from Mizuho Securities, maintained the Buy rating on Post Holdings (POST – Research Report). The associated price target remains the same with $144.00.
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John Baumgartner has given his Buy rating due to a combination of factors including Post Holdings’ resilient performance amidst challenging market conditions and strategic adjustments. The company reported strong EBITDA results, surpassing expectations primarily due to improved margins and effective cost management, despite facing some sales challenges in certain segments.
Additionally, the guidance for FY25 EBITDA has been positively adjusted at the lower end, reflecting confidence in Post Holdings’ ability to recover from temporary setbacks, such as the egg cost headwinds in FQ2. The company’s trading at a discount compared to its food industry peers further supports a favorable risk/reward scenario, positioning it as a natural hedge in the volatile food sector.
In another report released today, Piper Sandler also maintained a Buy rating on the stock with a $120.00 price target.
POST’s price has also changed slightly for the past six months – from $111.770 to $105.860, which is a -5.29% drop .