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https://www.barrons.com/articles/chocolate-lindt-stock-rating-price-target-51652980784?mod=past_editions
Submission: On May 23 via api from CH — Scanned from DE
Submission: On May 23 via api from CH — Scanned from DE
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We've detected you are on Internet Explorer. For the best Barrons.com experience, please update to a modern browser. CHROME SAFARI FIREFOX We've detected you are on Internet Explorer. For the best Barrons.com experience, please update to a modern browser.GoogleFirefox Search News & Quotes Barron's TopicsStock PicksMagazineDataAdvisorPenta100 Years Subscribe Now |Sign In Barrons Chocolate Maker Lindt Needs These Ingredients to Lift the Stock Next: Ollie’s Bargain Outlet Stock Gets a Double Upgrade. Consumers Want Deals. * * * * Share This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barrons.com/articles/chocolate-lindt-stock-rating-price-target-51652980784 * Consumer * European Trader CHOCOLATE MAKER LINDT NEEDS THESE INGREDIENTS TO LIFT THE STOCK * * * * -------------------------------------------------------------------------------- By Rupert Steiner May 20, 2022 2:00 am ET * Order Reprints * Print Article LINDT SHARES COULD BE REACHING A BOTTOM. HERE: WRAPPED LINDOR CHOCOLATE BALLS ON THE PRODUCTION LINE INSIDE THE LINDT & SPRUENGLI AG FACTORY IN KILCHBERG, SWITZERLAND. Philipp Schmidli/Bloomberg Swiss chocolate maker Lindt & Sprüengli has left a bitter taste in investors’ mouths in the past few months. The Zurich-based confectioner, famous for its bunnies wrapped in golden foil and Lindor truffle balls, said in January that labor and supply chain issues at its Russell Stover unit in the U.S. would hurt group sales growth in 2022. This... Subscribe or Sign In to continue reading -------------------------------------------------------------------------------- * Retail * Street Notes OLLIE’S BARGAIN OUTLET STOCK GETS A DOUBLE UPGRADE. CONSUMERS WANT DEALS. * * * * -------------------------------------------------------------------------------- By Angela Palumbo Updated May 20, 2022 12:19 pm ET / Original May 20, 2022 11:15 am ET * Order Reprints * Print Article High costs on consumer goods caused by inflation should drive traffic to Ollie’s Bargain Outlet, according to Bank of America. Analyst Jason Haas gave Ollie’s (ticker: OLLI) a double upgrade to Buy all the way from Underperform on Friday. He wrote in a research note that both higher costs caused by inflation and an increase in closeout merchandise are reasons consumers could be more inclined to shop at the closeout retailer. Haas also upgraded his price objective on the stock to $75 from $39. “With... Subscribe or Sign In to continue reading -------------------------------------------------------------------------------- More from News Corp * Realtor.com Looking to buy your first home? You’ve come to the right place. * PENTA Toyota’s Sporty Supra is Stylish, Fast—and Practical * Mansion Global This Week in Celebrity Homes: Engelbert Humperdinck, Chance Kornuth * Financial News London Inside Jefferies’ push towards the European big leagues * Wall Street Journal U.S. Companies Should Have a Future in Russia, Affirm CEO Max Levchin Says Close CHOCOLATE MAKER LINDT NEEDS THESE INGREDIENTS TO LIFT THE STOCK Swiss chocolate maker Lindt & Sprüengli has left a bitter taste in investors’ mouths in the past few months. From To Message SEND An error has occurred, please try again later. Thank you This article has been sent to Privacy Notice Cookie Notice Do Not Sell My Personal Information Copyright Policy Data Policy Accessibility Your Ad Choices Subscriber Agreement & Terms of Use Barron's Archive Corporate Subscriptions Manage Notifications Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved. Barron's Copyright ©2022 Dow Jones & Company, Inc. All Rights Reserved This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.