Seeking Alpha

Pinnacle Foods boosted by upgrade

  • Pinnacle Foods (PF +2%) has its tail in the air in an otherwise down market after an upgrade to Outperform at RBC Capital. Analyst David Palmer: "1) The company is poised to return to its core M&A strategy; 2) Overall company sales trends appear stronger than large cap, conventional peers; and 3) Opportunity for Wish-Bone improvements exist in 2H14."
Comments (1)
  • Anne Bonney
    , contributor
    Comments (84) | Send Message
     
    Long at the IPO---seems to be a solid growth stock with dividend. Virtually everybody buys their products. Thought that I would cruise in for more on a dip, but....has not had a significant one. What is not to love?
    26 Jun, 01:42 PM Reply Like
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