BNP Paribas Maintains Underperform on Flowers Foods, Lowers Price Target to $5
BNP Paribas analyst Max Gumport maintains Flowers Foods (NYSE:FLO) with a Underperform and lowers the price target from $6.5 to $5.
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BNP Paribas analyst Max Gumport maintains Flowers Foods (NYSE:FLO) with a Underperform and lowers the price target from $6.5 to $5.
The global gluten-free bakery market is projected to grow at a 9.48% CAGR from 2025 to 2035, driven by rising celiac disease diagnoses, increased health consciousness, and innovations in alternative flours. North America leads with 42.10% market share, while Asia Pacific emerges as the fastest-growing region. Bread dominates product types, rice flour leads flour varieties, and online retail is the fastest-growing distribution channel.
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