TreeHouse price target lowered to $52 from $56 at Stifel

Stifel analyst Matthew Smith lowered the firm’s price target on TreeHouse to $52 from $56 and keeps a Hold rating on the shares. The company reported its Q2 results, with its EBITDA up 44% from the prior year and raised its FY23 guidance, the analyst tells investors. Stifel anticipates the second half of the year to include volume growth against easy comparisons and a step down in price realization.