Goldman Sachs Retains Neutral On Dean Foods Company (DF)

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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%.
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Posted In: Analyst ColorPrice TargetAnalyst RatingsConsumer StaplesGoldman SachsPackaged Foods & Meats
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