Post Holdings price target lowered to $116 from $120 at Wells Fargo

Wells Fargo analyst Marc Torrente lowered the firm’s price target on Post Holdings (POST) to $116 from $120 and keeps an Equal Weight rating on the shares. The firm notes the company exited Q4 with momentum, supporting the case for strong FY25 delivery. While the outlook is not without risk, Wells sees the portfolio working with profit progress across segments despite top-line volatility.