TreeHouse Foods upgraded to Neutral from Underperform at Credit Suisse Credit Suisse upgraded TreeHouse Foods due to improving execution, single serve coffee business growth, and improved M&A prospects. Price target raised to $70 from $67.
TreeHouse in talks to buy ConAgra private label unit for $3B, NY Post says TreeHouse Foods (THS) chairman and CEO Sam Reed privately told certain investors last week that the company is in talks to buy ConAgra's (CAG) Ralcorp private label food unit for roughly $3B, reports the New York Post, citing a source with inside knowledge. Post Holdings (POST) is also eyeing Ralcorp, sources told the publication. Reference Link