Farmer Brothers Rises after Barron’s Nod
July 30, 2012 at 12:42 PM EDT
Coffee wholesaler and distributor Farmer Brothers (FARM) is rising this afternoon after Barron’s staff writer David Englander wrote in this week’s magazine that the stock appears undervalued. In recent years, high coffee prices and competition from Starbucks (SBUX) and others has hurt the company’s profits and margins. With coffee prices now coming down and management [...]