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Enter Symbol:
Rating: SMBL
Sector Perform $11

Boulder Brands Inc (NASDAQ: BDBD) downgraded to Sector Perform with price target $11 by RBC Capital Mkts

Wednesday,  Nov 25, 2015  8:25 AM ET by Kristen Bailey

RBC Capital Mkts downgraded Boulder Brands Inc (NASDAQ: BDBD) to Sector Perform with
price target $11. RBC Capital Mkts rated Boulder Brands Inc (NASDAQ: BDBD) to Outperform with price target $18 on 11/26/2013, when the price was $15.10.

Smart Balance, Inc. is a marketer of functional food products in the United States. Its signature spreads products utilize a technology that is naturally free of trans fats and enhances good-to-bad cholesterol ratios. The Company has other product offerings utilizing its heart healthier positioning and brand leverage, including peanut butter, popcorn, mayonnaise, dairy products and cooking oils. It sells Smart Balance products in grocery, mass merchandise and convenience stores. In the natural food channel, it sells similar natural and organic products under the Earth Balance trademark. The Company?s products are available in all 50 states with little presence in international markets. The Company has limited sales in the foodservice and industrial channels.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.

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