Premium Brands Price Target Lowered to C$130 at TD

MT Newswires Live

Aug 07

TD Securities lowered its price target on Premium Brands (PBH.TO) to C$130 from C$140 on Friday.

Analyst Derek J. Lessard maintained a buy rating on shares of the Canadian specialty food manufacturing and distribution company following its Q2 results on Thursday. The stock retreated in Toronto trading.

"We think yesterday's 14% haircut was overdone, but it likely cleared out investors without the appetite for quarterly" limited-time offer volatility, Lessard said in a note to clients.

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)

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Lessard maintained a buy rating on shares of the Canadian specialty food manufacturing and distribution company following its Q2 results on Thursday. The stock retreated in Toronto trading.</p><p>\"We think yesterday's 14% haircut was overdone, but it likely cleared out investors without the appetite for quarterly\" limited-time offer volatility, Lessard said in a note to clients.</p><p>(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. 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Lessard maintained a buy rating on shares of the Canadian specialty food manufacturing and distribution company following its Q2 results on Thursday. The stock retreated in Toronto trading.</p><p>\"We think yesterday's 14% haircut was overdone, but it likely cleared out investors without the appetite for quarterly\" limited-time offer volatility, Lessard said in a note to clients.</p><p>(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HELS","symbol_name":"Hedgeye 130/30 Equity ETF","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2657509643","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2657509643","pubTimestamp":1786103992,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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