Evercore ISI raised the firm’s price target on Post Holdings to $108 from $105 and keeps an Outperform rating on the shares. The firm is raising its “above-consensus” EBITDA estimates for FY23 and FY24 by an average of 5% as pricing continues to surpass commodity inflation, helping Consumer Brands and Refrigerated Retail, and as Pet Food EBITDA surpasses original estimates, the analyst tells investors.
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