Barclays raised the firm’s price target on Nomad Foods to $21 from $18 and keeps an Overweight rating on the shares ahead of the Q1 results. Within the firm’s staples universe, the analyst continues to favor names that have greater visibility to volume growth, either through enhanced category exposure or idiosyncratic factors.
Published first on TheFly
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Read More on NOMD:
- Nomad Foods Annual Report Available to Shareholders
- Nomad Foods upgraded to Buy from Neutral at Goldman Sachs
- Nomad Foods price target lowered to $21 from $24 at Deutsche Bank
- 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
