Deutsche Bank lowered the firm’s price target on Flowers Foods (FLO) to $15 from $18 and keeps a Hold rating on the shares.
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- Flowers Foods cuts FY25 CapEx view to $135M-$145M from $140M-$150M
- Flowers Foods cuts FY25 adjusted EBITDA view to $512M-$538M from $534M-$562M
