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BB&T Capital is out with its report today on Ralcorp Holdings
RAH, reiterating Buy.
In a note to clients, BB&T Capital writes, "EPS were $1.26 (ex mark-to-market gain and small cost items), a high-quality beat relative to our $1.18 projection and the consensus of $1.24. Further, management affirmed its $200M full-year cost inflation outlook despite a very significant increase in SRW and durum wheat costs since early December; it also noted that it expects to offset cost inflation with pricing."
BB&T Capital has a $73 PT on RAH.
At the time of posting, shares of RAH were trading at $63.06, up 5.86% from Tuesday's close.
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Posted In: Analyst ColorPrice TargetAnalyst RatingsBB&T CapitalConsumer StaplesPackaged Foods & MeatsRalcorp Holdings
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