UPDATE: Jefferies Raises PT on Diamond Foods Following 3Q13 Adjusted EPS
June 11, 2013 at 11:07 AM EDT
In a report published Tuesday, Jefferies analyst Thilo Wrede reiterated a Hold rating on Diamond Foods (NASDAQ: DMND ), and raised the price target from $15.00 to $19.00. In the report, Jefferies noted, “DMND reported 3Q13 adj. EPS of $0.05, 22 cents ahead of consensus. Stronger than expected revenues and