JPMorgan Lowers Price Target on Post by Nearly 15% to $99

JPMorgan Chase & Co. has lowered its price target for Post (NYSE:POST) from $116.00 to $99.00 in a research note issued on Monday, according to Benzinga.

The firm currently maintains an 'overweight' rating on the stock, and the new price target points to a potential upside of 25.77% from the company's previous close.

This is not the first time Post has been the subject of analyst revisions; in recent weeks, BTIG Research initiated coverage with a neutral rating, Stifel Nicolaus set a $125.00 price target, and Wells Fargo & Company decreased its price objective from $110.00 to $98.00.

Four research analysts have rated Post with a Buy rating, while four have issued a Hold rating, resulting in an average rating of 'Moderate Buy' and a consensus price target of $113.29.