Deutsche Bank reiterates its Buy rating on Dean Foods (DF -2%) and employs a bit of tautological...

|About: Dean Foods Company (DF)|By:, SA News Editor

Deutsche Bank reiterates its Buy rating on Dean Foods (DF -2%) and employs a bit of tautological reasoning to justify bumping its price target from $21 to $22: "Food stocks have rallied dramatically YTD." The bank also speculates that investors are lowering their estimates for the sector's weighted average cost of capital.