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The Aftermath Of SunOpta's Agreement With Oaktree Capital
Monday, October 10, 2016 - 3:53pm | 393Read More...D.A. Davidson reiterated its Buy rating and $7.50 on SunOpta, Inc. (USA) (NASDAQ: STKL), despite terming its deal with Oaktree Capital a "painful option." Oaktree invested $85 million in SunOpta in exchangeable preferred shares. The company now owns 11.7 percent of SunOpta with a cap at 19.99...
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Freshpet's Biggest Challenge May Be That No One's Heard Of It
Wednesday, October 5, 2016 - 2:59pm | 360Read More...D.A. Davidson thinks Freshpet Inc (NASDAQ: FRPT) has yet to translate its early success in network growth to improvements in share within the pet food market. Currently, the company enjoys below a percentage of share since only a fraction of pet owners tried the product. With just 20 percent of dog...
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Flowers Foods Near-Term Prospects Have Wilted
Wednesday, October 5, 2016 - 11:51am | 360Read More...D.A. Davidson sees near-term risks in Flowers Foods, Inc. (NYSE: FLO) shares that outweigh the long-term prospects. Citing soft consumer demand and increased promotional activity, the firm has initiated shares at Neutral. Aside from that, the company's EPS missed the mid-point of the guidance in...
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Demand For Cal-Maine Foods' Nutritionally Enhanced Offerings Goes Flat
Tuesday, September 27, 2016 - 12:20pm | 274Read More...D.A. Davidson maintains an Underperform rating on Cal-Maine Foods Inc (NASDAQ: CALM) and lowered its price target from $37 to $35. Analyst Eric Gottlieb based his decision on low EPS reported by Cal-Maine of -$0.64, which didn't meet D.A. Davidson's estimate of -$0.45 or the consensus of -$0.33....
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B&G Foods Spices Things Up With New Acquisition
Thursday, September 22, 2016 - 12:42pm | 354Read More...D.A. Davidson views the recent B&G Foods, Inc. (NYSE: BGS)'s acquisition of spices and seasonings business ACH Food Companies as positive and "a good strategic fit," as it complements Mrs. Dash, Ac'cent, and others in B&G's existing portfolio. The brokerage said the $365 million transaction...
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California Drought Could Have Lasting Effects On Calavo Growers
Monday, August 29, 2016 - 10:23am | 363Read More...D.A. Davidson analyst Eric Gottlieb is worried about Calavo Growers, Inc. (NASDAQ: CVGW)'s volume because of the drought in California and the strike in Mexico. However, the analyst maintains his Neutral rating and price objective of $65. The comments come a week ahead of the company's scheduled Q3...
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Lifeway Food's Top-Line Growth Story Possibly Playing Out Earlier Than D.A. Davidson Expected
Thursday, August 18, 2016 - 3:21pm | 214Read More...D.A. Davidson has reiterated its Buy rating and $13 price target on Lifeway Foods, Inc. (NASDAQ: LWAY) saying that earnings growth is coming earlier than expected. The company's second quarter EPS came in at $0.14, $0.08 above D.A. Davidson's estimate and $0.10 above consensus. The...
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B&G Foods Downgraded To Neutral By DA Davidson Following Equity Offering
Tuesday, August 9, 2016 - 10:25am | 195Read More...DA Davidson downgraded B&G Foods, Inc. (NYSE: BGS) to Neutral from Buy citing the equity dilution from the recent 3.75 million share offering. "The announcement comes as a modest surprise as the offering back in March was only for half of the $300 million the company originally...
