Canaccord analyst Bobby Burleson lowered the firm’s price target on Whole Earth Brands to $6 from $8 and keeps a Buy rating on the shares. The analyst said while we agree with management’s take on a recent Erythritol study, we take some comfort in the company’s guidance proactively reflecting caution. As a result, we’ve lowered our estimates and price target.
Published first on TheFly
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