KeyBanc comes to Diamond Foods' (DMND -1.4%) defense following yesterday's bloodletting, arguing...

|About: Diamond Foods, Inc. (DMND)|By:, SA News Editor
KeyBanc comes to Diamond Foods' (DMND -1.4%) defense following yesterday's bloodletting, arguing Diamond's target of a mid-February close to its Audit Committee investigation removes some of the uncertainty lingering over shares. The firm also believes there is "minimal risk" of earnings restatements, and that Diamond's purchase of Procter & Gamble's (PG) Pringles division will go through.