Deutsche Bank Reaffirms Buy For FLO

Deutsche Bank published an Analyst Day review for Flowers Foods, Inc. FLO that reports favorably on FLO's progress, saying: "Despite questions that have plagued category top line dynamics for 18 months, we continue to believe Flowers is well positioned. With new products and markets, being a low cost producer, and leveraging a strong balance sheet and FCF, sales and EPS should continue to grow above the peer group." Deutsche Bank reaffirms its Buy rating and $28 price target. Flowers Foods, Inc. closed yesterday at $24.60.