Goldman Sachs is retaining its Neutral rating on shares of Dean Foods Company DF after meeting with management.
In a note to investors, Goldman writes, "Management cited noticeable differences in retailers' willingness to take pricing up, which is driving retailer gross margin up to mid-teens level today versus 0%-5% last year. The current margin is still well-below the historical level but the upward trajectory versus last year is encouraging nonetheless."
Shares of DF lost 9 cents yesterday to close at $10.21, a loss of 0.87%.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: Analyst ColorPrice TargetAnalyst RatingsConsumer StaplesGoldman SachsPackaged Foods & Meats
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in