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Post Holdings price target raised to $120 from $108 at Wells Fargo

Wells Fargo analyst Marc Torrente raised the firm’s price target on Post Holdings (POST) to $120 from $108 and keeps an Equal Weight rating on the shares following Q1 beat/raise. The firm notes the stock outperformance and says it thinks this reflects improved underlying segment momentum giving confidence in the outlook and accelerated share repurchase.

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