By: Benzinga
UPDATE: Stifel Nicolaus Upgrades WhiteWave Foods to Buy on Valuation, Revenue Outlook
Stifel Nicolaus raised its rating on WhiteWave Food (NYSE: WWAV ) from Hold to Buy and established a $18 price target. Stifel Nicolaus noted, "The weakness in the stock price since the IPO in October has been surprising with no fundamental backing, in our view. When comparing WhiteWave to
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