Stifel analyst Matthew Smith, CFA maintains $Treehouse Foods (THS.US)$ with a hold rating, and adjusts the target price from $41 to $32.
According to TipRanks data, the analyst has a success rate of 59.8% and a total average return of 14.3% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Treehouse Foods (THS.US)$'s main analysts recently are as follows:
TreeHouse's sales have been consistently disappointing, leading to a shift in strategy to alleviate pressure on growth capital. The company will now prioritize margin and cash flow, adopting approaches that are less reliant on fluctuating consumer trends.
TreeHouse's Q3 outcomes showcased revenues that fell short of expectations, counterbalanced by a substantial increase in margins. Yet, the company has revised its 2024 forecast to reflect a less robust consumption landscape and the consequences of the griddle product recall and production facility halt. Preliminary insights for 2025 suggest a steady top line. Given these factors, there remains a level of caution regarding a swift enhancement in TreeHouse's fundamental market conditions.
Note:
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