03:35 PM EDT, 05/07/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

Our 12-month target of $101, cut $1, reflects a 27x multiple of projected 2026 EPS, a discount to the 10-year mean of 28x, which we justify by softening demand and higher exposure to domestic sales. We cut our 2026 EPS estimate by $0.04 to $3.74, but keep 2027's unchanged at $3.99. While we view the portfolio rationalization and strong balance sheet positively, we believe these changes merely preserve the existing growth model rather than enhance it. The company reiterated its 2026 guidance of 3%-4% organic sales growth and 5%-8% adjusted EPS growth, with expectations for continued volume-driven expansion. However, we believe the guidance also acknowledges ongoing challenges, including commodity and transportation cost pressures, competitive promotional activity, and the need for continued marketing investments to support brand momentum. The volume-driven expansion in Q1 was partially offset by negative pricing and mix effects of 0.3%, highlighting a challenging pricing environment.