Deutsche Bank Reiterates Buy Rating On Diamond Foods (DMND)

In a recent report, Deutsche Bank has reiterated a Buy rating and a $75.00 price target on Diamond Foods

due to its expected acquisition of Pringles. In the report, Deutsche Bank said, "Although integration risk isn't to be ignored, the company has grown significantly in recent years via a logical combination of successfully integrated acquisitions, solid new products, and market share gains in growing categories. While the stock has performed well, we still expect shareholders to be rewarded." Diamond Foods closed yesterday at $66.10.