Post Holdings price target lowered to $119 from $127 at Barclays

Barclays lowered the firm’s price target on Post Holdings (POST) to $119 from $127 and keeps an Overweight rating on the shares. The firm adjusted targets in the consumer staples group as part of a Q1 preview. Barclays has “growing caution” on the group into the prints due to higher input costs. In food, there are now “building concerns” around the sustainability of the dividend for certain companies, the analyst tells investors in a research note.