In a report published Friday, Morgan Stanley analyst Matthew Grainger reiterated an Overweight rating on WhiteWave Foods Co. WWAV, and raised the price target from $28.00 to $29.00.
In the report, Morgan Stanley noted, “Q4 exceeded our already high expectations and provides very strong momentum into '14. FY14 guidance may prove conservative, in our view, and we raise our PT to $29, supported by high-teens base EPS growth and further strategic catalysts.”
WhiteWave Foods Co. closed on Friday at $26.11.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
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