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Susquehanna sees more upside for Blue Buffalo Pet Products

Published 02/01/2018, 08:04 AM
© Reuters.  Susquehanna sees more upside for Blue Buffalo Pet Products
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  • Susquehanna analyst Pablo Zuanic sees no reason to downgrade Blue Buffalo Pet Products (NASDAQ:BUFF) even after shares ran up 60% in six months.
  • "We are taking our price target up to $52 from $42 on increased M&A optionality and further FDM inroads in the year ahead," writes Zuanic.
  • Zuanic cites better than expected sales growth, profit margin expansion and share gains as potential catalysts.
  • Susquehanna keeps a Positive rating on BUFF.
  • Now read: Ralph Lauren (NYSE:RL) beats by
  • Now read: Ralph Lauren beats by $0.16, beats on revenue
  • .16, beats on revenue


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