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Analysts Think Constellation's Beer Bash Will Keep The Party Going
Friday, October 4, 2019 - 2:00pm | 500Read More...Investors were trickling out of the Constellation Brands, Inc. (NYSE: STZ) party on Thursday and Friday, but sell-side analysts urged them to relax, pop open a cold one, and stick around with the stock. “A lull in the party calls for more beer,” wrote one analyst. And the beer was good...
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Why Campbell Soup's Earnings Pop May Not Last
Friday, August 30, 2019 - 2:57pm | 448Read More...Campbell Soup Company (NYSE: CPB) shares jumped Friday after the company reported a fourth-quarter earnings beat. Despite the positive initial reaction to the numbers, one analyst said Friday that the Campbell earnings pop could be a selling opportunity. The Analyst Bank of America Merrill...
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A Bitter Taste: Kraft Heinz Struggles To Gain Support
Friday, August 9, 2019 - 2:25pm | 766Read More...Kraft Heinz Co (NASDAQ: KHC) caught some investors off guard Thursday by delaying its second-quarter results and acknowledging there is "significant work ahead." Shares of Kraft hit a new all-time low and the selling momentum carried over to Friday's session. Multiple analysts offered...
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Bank Of America Raises Beyond Meat Price Target Following Secondary Offering
Friday, August 2, 2019 - 11:58am | 363Read More...Beyond Meat Inc (NASDAQ: BYND) has had a rough week after the company’s earnings report and secondary offer price disappointed the market. However, one analyst said Friday the company and its stock will be just fine in the longer-term. The Analyst Bank of America analyst Bryan Spillane...
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The Street's Wide-Ranging Take On Molson Coors Earnings, CEO Change
Thursday, August 1, 2019 - 4:42pm | 604Read More...Molson Coors Brewing Co (NYSE: TAP) hit multi-year lows Wednesday after reporting second-quarter sales, gross profit and operating income below the Street's expectations. The company also unexpectedly announced Gavin Hattersley will replace Mark Hunter as CEO. Multiple Street analysts weighed...
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Bank Of America Taps Out Of Molson Coors, Downgrades Stock
Monday, July 15, 2019 - 1:17pm | 340Read More...Molson Coors Brewing Co (NYSE: TAP) deserves credit for integrating the MillerCoors and Miller International acquisitions into its business, but one analyst says this is more than offset by multiple concerning trends. The Analyst Bank of America's Bryan Spillane downgraded Molson Coors from Buy...
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The Street Debates PepsiCo's Q2 Earnings, Outlook
Wednesday, July 10, 2019 - 1:11pm | 566Read More...PepsiCo, Inc. (NASDAQ:PEP) reported Tuesday second-quarter results highlighted by every segment showing positive growth for the first time in recent memory. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts RBC Capital Markets' Nik Modi maintains...
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Constellation Brands Analysts Bullish After Q1 Print
Monday, July 1, 2019 - 1:34pm | 599Read More...Beverage company Constellation Brands, Inc. (NYSE: STZ) reported first-quarter results Friday that came in better than expected on the top-and-bottom line and prompted multiple Street analysts to reaffirm bullish stances. The Analysts BMO Capital Markets' Amit Sharma maintained...
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Conagra Analysts React To Q4 Miss: 'We View These Issues As Temporary'
Friday, June 28, 2019 - 11:36am | 475Read More...Conagra Brands Inc (NYSE: CAG) reported a fourth-quarter earnings miss Thursday, but two bull analysts were unfazed. The Analyst Bank of America Merrill Lynch's Bryan Spillane reiterated a Buy rating on Conagra with an unchanged $35 price target. Citi's David Driscoll...
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A Beyond Meat Analyst's 7 Takeaways From Its First Post-Earnings Call
Friday, June 7, 2019 - 12:04pm | 400Read More...Plant-based food product maker Beyond Meat Inc (NASDAQ: BYND) reported its first-ever earnings Thursday as a public company and hosted a conference call that Bank of America Merrill Lynch had seven takeaways from, the sell-side firm said in a new note. The Analyst Bryan Spillane...
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Bank Of America On Beyond Meat: 'No Cattle' To The Investment Story
Wednesday, May 29, 2019 - 11:24am | 340Read More...Beyond Meat Inc (NASDAQ: BYND) deserves credit for developing a meat alternative product that could perform well within the growing addressable market. The stock's 200 percent gains since its May 2 IPO implies there's "no cattle" to the investment story at current levels,...
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Lamb Weston's Growth Is Underappreciated, BofA Says In Upgrade
Tuesday, May 7, 2019 - 2:32pm | 393Read More...Lamb Weston Holdings Inc (NYSE: LW) has underperformed industry peers since peaking in November, and the stock's narrowing premium over fellow foodies fails to reflect its superior growth, according to Bank of America Merrill Lynch. The Analyst Bryan Spillane upgraded Lamb Weston...
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Coca-Cola's Outlook Has Analysts Perking Up
Thursday, April 25, 2019 - 10:44am | 586Read More...Sell-side analysts say The Coca Cola Co. (NYSE: KO) has a refreshing new outlook that looks beyond its old standby product; strong sales; and a willingness to branch out, all of which look positive for the iconic global drink brand. Coca-Cola beat Street earnings estimates by two pennies...
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The Street's Reaction To Constellation Brands Earnings, Wine Divestiture
Friday, April 5, 2019 - 1:26pm | 641Read More...Constellation Brands, Inc. (NYSE: STZ) reported fourth-quarter results that came in better than expected. The company also announced an agreement to divest around 30 of its wine and spirits brands and related facilities for $1.7 billion. The Analysts Bank of America's Bryan Spillane maintains...
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Street Warms To General Mills After Q3 Beat
Thursday, March 21, 2019 - 3:22pm | 494Read More...General Mills, Inc. (NYSE: GIS) beat Wall Street estimates with its third-quarter report Wednesday, with revenue growth and margin expansion that had sell-side analysts raising target prices for the stock. The Analysts Credit Suisse analyst Robert Moskow maintanied a Neutral rating on...
















