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Flowers Foods price target lowered to $16 from $20 at Jefferies
TipRanks
Sat, May 17, 2025, 12:35 PM 1 min read
In This Article:
Jefferies lowered the firm’s price target on Flowers Foods (FLO) to $16 from $20 and keeps a Hold rating on the shares. The company reported a slight Q1 miss driven by softness in its away-from-home business and less benefit from Simple Mills, the analyst tells investors in a research note. The firm says Flowers “painted a bleak picture of the consumer and spoke to more promotional intensity needs.”
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