Skip to main content

Market Overview

Goldman Sachs Reiterates Buy Rating On Dean Foods

Share:

According to Goldman Sachs, Dean Foods Company (NYSE: DF) Buy rating is reiterated.

Goldman Sachs said that it reiterates its Buy rating on Dean Foods (DF) and sees sizable return potential over the next 12 months based on its $19 price target. “We have been getting two major pushbacks to our upgrade of DF to Buy: (1) whether private label milk margin over cost will sustain its recent stabilization and (2) how real DF's cost saving opportunity is and cost associated with achieving it. Recent data points and a deeper look at DF's cost savings opportunity give us confidence in both and we believe that DF's share price will rise as margins expand over the next several quarters.”

Dean Foods Company closed on Friday at $13.57.

 

Related Articles (DF)

View Comments and Join the Discussion!

Posted-In: Dean Foods Co. Goldman SachsAnalyst Color Analyst Ratings

Latest Ratings

StockFirmActionPT
SEDGB of A SecuritiesMaintains411.0
PTLOPiper SandlerMaintains28.0
AOUTLake StreetMaintains26.0
RAPTPiper SandlerMaintains52.0
OCXLake StreetMaintains6.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com