Post Holdings price target raised to $120 from $115 at Barclays

Barclays raised the firm’s price target on Post Holdings to $120 from $115 and keeps an Overweight rating on the shares. With the “ongoing disconnect” between macro metrics and consumer sentiment likely to impact consumption location and price points, Barclays continue to appreciate the balance of Post’s portfolio across categories, price points and channels, the analyst tells investors in a research note.