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Analysts: Campbell's Soup Will Cool Down
Thursday, February 28, 2019 - 5:06pm | 345Read More...Campbell Soup Co. (NYSE: CPB) reported second-quarter results that beat expectations Wednesday, but analysts say the iconic company’s overall business isn’t exactly heating up. Campbell’s shares traded up by about 5 percent after the report of better-than expected earnings of...
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Analysts Still Bullish On Constellation Brands After Conference 'Curveballs'
Thursday, February 21, 2019 - 12:31pm | 656Read More...Constellation Brands, Inc. (NASDAQ: STZ) shares took a hit Wednesday after the company presented at the Consumer Growth Analyst Group of New York (CAGNY) conference this week. Investors seem to be disappointed with the company’s projected earnings growth rates and the negative impact of its...
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The Street's Reaction To Coca-Cola's Dip
Friday, February 15, 2019 - 10:25am | 639Read More...Shares of beverage giant and Dow Jones component The Coca-Cola Co (NYSE: KO) lost more than 8 percent Thursday in reaction to a weak earnings report and a cautious guidance for 2019. Here is a reaction of how some of the Street's top analysts reacted to the print. The Analysts Citi's Wendy...
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Analysts Continue To Like Constellation Brands
Thursday, January 17, 2019 - 2:08pm | 720Read More...Constellation Brands, Inc. (NYSE: STZ) held a presentation this week with Street analysts to discuss its beer business outlook, which left at least two analysts positive on the outlook. The Main Takeaways Constellation Brands' presentation was led by incoming CEO Bill Newlands, Beer President...
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What's Next For General Mills After Encouraging Q2? The Street Debates
Thursday, December 20, 2018 - 2:08pm | 484Read More...General Mills, Inc. (NYSE: GIS) reported Wednesday its fiscal second-quarter earnings print, which impressed investors as management reaffirmed the cereal maker's 2019 outlook. Here is a summary of how three of the Street's top analysts reacted to the print. Bank Of America: Cleared A '...
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Bank Of America Double Upgrades Hershey
Wednesday, December 19, 2018 - 10:05am | 334Read More...Bank of America's bearish stance on Hershey Co (NYSE: HSY) dates back to August 2016, but the research firm sees five reasons to turn bullish on the stock. The Analyst Bank of America's Bryan Spillane upgraded Hershey from Underperform to Buy with a price target lifted from $92 to $120. The...
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Is Coca-Cola A Growth Company?
Friday, December 14, 2018 - 2:17pm | 462Read More...Beverage giant The Coca-Cola Co (NYSE: KO) deserves to trade at a premium valuation after a first hand visit to the Atlanta headquarters reinforces the company is seeing good momentum into next year, according to Bank of America Merrill Lynch. BofA Sees A Growth Company Coca-Cola's management...
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2 Pro Takes On Campbell Soup's Deal With Activist Investor
Tuesday, November 27, 2018 - 1:44pm | 570Read More...Activist investor Dan Loeb and his Third Point struck an agreement Monday with Campbell Soup Company (NYSE: CPB) in which two of Third Point's slate of directors will be added to the food company's board. Shares of Campbell Soup moved lower after the announcement, and at least two...
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BofA Trims Constellation's Price Target, Sees Similar Investments From Beverage Companies On The Horizon
Thursday, August 16, 2018 - 1:13pm | 347Read More...Constellation Brands, Inc. Class A (NYSE: STZ) announced Wednesday an agreement to augment its stake in Canopy Growth Corp (NYSE: CGC) from 9.9 percent to 38 percent. The Analyst Reviewing the transaction, Bank of America Merrill Lynch analyst Bryan Spillane reiterated his Buy rating on...
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Bank Of America Upgrades ConAgra, Sees Door Open For 'Other' Strategic Options
Wednesday, July 1, 2015 - 11:00am | 275Read More...In a report published Wednesday, Bank of America Merrill Lynch analyst Bryan D. Spillane upgraded the rating on ConAgra Foods Inc (NYSE: CAG) from Underperform to Neutral, while raising the price target from $30 to $46. The analyst believes that the management's renewed focus on cost savings would...
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What Wall Street Thinks Of The Kraft Heinz Merger
Wednesday, March 25, 2015 - 8:48am | 583Read More...H.J. Heinz and Kraft Foods Group Inc (NASDAQ: KRFT) announced on Wednesday that they will merge in a deal that will create the fifth largest food and beverage firm in the world and the third largest in North America. "This is my kind of transaction, uniting two world-class organizations...
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Bank Of America Has Low Expectations For Coca-Cola Enterprises In 2015
Monday, January 5, 2015 - 9:46am | 165Read More...Bryan Spillane of Bank of America upgraded shares of Coca-Cola Enterprises Inc (NYSE: CCE) due to low expectations for 2015 and a valuation discount. “Coca-Cola Enterprises was one of the worst performing stocks in our food and beverage coverage universe in 2014 due to weaker than...
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Bank Of America Changes Price Targets On Sally Beauty, Procter & Gamble And Avon Products
Friday, December 12, 2014 - 2:37pm | 419Read More...Bank of America made changes to price targets on several consumer staples stocks Friday. Below are some of the changes along with current ratings and comments from lead analyst Bryan Spillane. Sally Beauty Holdings, Inc. (NYSE: SBH) - Buy, price target raised from $33 to $34. The price target...
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Bank Of America Raises Dr Pepper Snapple Group Price Target
Friday, December 12, 2014 - 12:55pm | 213Read More...Bank of America raised its price target on Dr Pepper Snapple Group Inc. (NYSE: DPS) Friday from $70 to $75 and maintained a Neutral rating. Analyst Bryan Spillane thought the “valuation is justified as it values DPS at a discount” to The Coca-Cola Company and PepsiCo, Inc....
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Bank Of America Raises Price Target On Altria Group And Constellation Brands
Friday, December 12, 2014 - 11:10am | 320Read More...Bank of America raised its price target on Altria Group Inc (NYSE: MO) and Constellation Brands, Inc. (NYSE: STZ) Friday. Altria Group had its target raised from $51 to $54 and “this target multiple is in line with its current 2015 P/E. We acknowledge that our 18x P/E is above its two-...










