Deutsche Bank Retains Dean Foods Hold (DF)

Deutsche Bank retained its Dean Foods DF Hold rating in a research report published today. In the report, Deutsche Bank states, "While there is minimal controversy over the value of Dean's WW segment, we have doubts as to how quickly profits can rebound in the large FDD-Morningstar segment. Our proprietary survey of retailers and consumers suggest a LT recovery. Meanwhile $4 bil of debt limits equity value, although covenants were fortunately extended recently." Shares of Dean Foods closed Thursday at $10.30, down 2.37% from Wednesday's market close.