Deutsche Bank analyst Steve Powers lowered the firm’s price target on Nomad Foods to $21 from $24 and keeps a Buy rating on the shares. The company reported a challenging set of results given the operating environment in Europe, the analyst tells investors in a research note.
Published first on TheFly
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Read More on NOMD:
- Nomad Foods sees 2023 adjusted EPS EUR1.50-EUR1.55 vs. EUR1.43 a year ago
- Nomad Foods Reports Fourth Quarter and Full Year 2022 Financial Results
- Nomad Foods reports Q4 adjusted EPS EUR0.33 vs. EUR0.33 a year ago
- Nomad Foods price target lowered to $24 from $25 at Deutsche Bank
- Nomad Foods downgraded to Neutral from Outperform at Credit Suisse
