tiprankstipranks
Post Holdings reinstated with an Overweight at Barclays
The Fly

Post Holdings reinstated with an Overweight at Barclays

Barclays reinstated coverage of Post Holdings (POST) with an Overweight rating and $105 price target. The analyst views the recently closed pet food transaction between J.M. Smucker (SJM) and Post as mutually beneficial. Post receives a cash generative asset with likely margin upside that provides an added acquisition platform and potential broader portfolio optionality, the analyst tells investors in a research note.

Published first on TheFly

See today’s best-performing stocks on TipRanks >>

Read More on POST:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles