Post Holdings price target raised to $150 from $140 at Piper Sandler

Piper Sandler analyst Michael Lavery raised the firm’s price target on Post Holdings (POST) to $150 from $140 and keeps an Overweight rating on the shares. The firm sees upside to its Q3 EBITDA estimate from FS, though stronger Refrigerated Retail is likely offset by weaker PCB trends. Piper also sees a stronger outlook for 2026 EBITDA, boosted by its 8th Avenue acquisition, which it conservatively models, despite visibility on synergies. Even after this deal, Post’s leverage is essentially unchanged, keeping its options open for other deals and/or share buybacks, the firm adds.