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Flowers Foods price target lowered to $15 from $20 at Truist

Truist lowered the firm’s price target on Flowers Foods (FLO) to $15 from $20 and keeps a Hold rating on the shares. The firm is cutting its FY25 EPS view by 5c to $1.05 and its its FY26 view by 6c to $1.09 after the company’s Q2 results and guidance cut, the analyst tells investors in a research note.

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