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TreeHouse price target raised to $22.50 from $19 at Stifel

Stifel raised the firm’s price target on TreeHouse (THS) to $22.50 from $19 and keeps a Hold rating on the shares after the company announced it is being acquired by Investindustrial for $22.50 per share in cash and a contingent value right per share that provides shareholders the opportunity to receive potential net proceeds from the ongoing TreeHouse vs. Green Mountain Coffee Roasters litigation.

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