Barclays analyst Andrew Lazar lowered the firm’s price target on Nomad Foods (NOMD) to $20 from $23 and keeps an Overweight rating on the shares. The firm adjusted price targets in the staples group as a part of a Q2 preview. Investor expectations “feel subdued” into earnings season, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NOMD: