Barclays raised the firm’s price target on TreeHouse (THS) to $35 from $32 and keeps an Equal Weight rating on the shares as part of a consumer staples Q4 earnings preview. Put simply, “it feels like there aren’t many places to hide in Staples these days,” the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on THS:
- Morning Movers: U.S. Steel falls after President Biden blocks Nippon deal
- TreeHouse sees $205M acquisition of Harris Tea accretive, backs prior FY24 view
- TreeHouse price target lowered to $34 from $50 at Mizuho
- Morning Movers: Intel climbs following retirement of CEO Pat Gelsinger
- TreeHouse Foods Acquires Harris Freeman’s Tea Business