Stock Track | Flowers Foods Plummets 5.11% Intraday After Deutsche Bank Cuts Price Target

Stock Track

02/17

Flowers Foods (FLO) stock plummeted 5.11% during intraday trading on Tuesday, following a significant analyst price target reduction.

Deutsche Bank analyst Steve Powers lowered the firm's price target on Flowers Foods to $11 from $13 while maintaining a Hold rating on the shares. The reduced target suggests diminished expectations for the company's future performance or valuation.

According to analyst consensus data, Flowers Foods currently has an average rating of Hold with a mean price target of $11.20, indicating cautious sentiment among market watchers following the Deutsche Bank adjustment.

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