Snyder's-Lance, Inc. (NASDAQ:LNCE)

CAPS Rating: 4 out of 5

The Company manufactures, markets and distributes a variety of snack food products.

Recs

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Player Avatar greenbreen (33.23) Submitted: 3/23/2011 5:00:14 PM : Underperform Start Price: $18.90 LNCE Score: -34.33

I do not see the merger synergies (although it def brings value) salvaging the short term. I look for this to trade closer to book despite the divi by the end of '11. From these 19's, I am looking for 14-15 range (-20%) unless earnings exceeds managements expected 5%.

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