TreeHouse price target raised to $39 from $36 at Barclays

Barclays analyst Andrew Lazar raised the firm’s price target on TreeHouse to $39 from $36 and keeps an Equal Weight rating on the shares. The firm says that while TreeHouse’s 2024 EBITDA guidance still requires 30% year-over-year EBITDA growth in Q4 to reach the low end, it’s encouraging that the company is only embedding new distribution wins that have already been secured and is not depending on a change in consumer trends.