Matthew Grainger

In a report published Thursday, Morgan Stanley analyst Matthew Grainger downgraded shares of Keurig Green Mountain Inc (NASDAQ: GMCR) to Equal-weight from Overweight with a price target slashed to $60 from a previous $110 following an in-line third-quarter print and what the analyst described as...

In a report published Friday, Morgan Stanley analyst Matthew Grainger maintained an Overweight rating on Keurig Green Mountain Inc (NASDAQ: GMCR), while reducing the price target from $140 to $130. The stock is currently trading at a significant discount to its peers, despite potential for secular...

In a report published Wednesday, Morgan Stanley analyst Matthew Grainger downgraded the rating on Dean Foods Co (NYSE: DF) from Overweight to Equal-weight, with a $19 price target, following the recent outperformance of the stock. "While we are constructive on DF's near-term outlook...

Morgan Stanley commented on Keurig Green Mountain Inc (NASDAQ: GMCR) Friday and maintained an Overweight rating and $140 price target. Analysts led by Matthew Grainger noted the quarter's 22 percent volume decline in brewer shipments and and that ”below-trend results” were like...

Morgan Stanley discussed Kraft Foods Group Inc (NASDAQ: KRFT) after the stock's recent strength following the 3G/Heinz merger. Morgan Stanley reiterated its Overweight rating for Kraft and raised its price target from $67 to $94. Analysts Matthew Grainger and John Colantuoni wrote, "We...

Morgan Stanley issued a report on Kraft Foods Group Inc (NASDAQ: KRFT) on Thursday after the stock's strong reaction to the announcement of the company's merger with 3G and Heinz. Morgan Stanley reiterated Kraft Foods as Overweight, while a price target is unavailable. Analysts Matthew Grainger and...

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...

In a report published Monday, Morgan Stanley analyst Matthew Grainger reiterated an Overweight rating on Philip Morris International Inc. (NYSE: PM), but lowered the price target from $89.00 to $87.00. In the report, Morgan Stanley noted, "We reduce our 2015/16e EPS in light of recent USD strength...

In a report published Thursday, Morgan Stanley analyst Matthew Grainger reiterated an Underweight rating and $51.00 price target on General Mills, Inc. (NYSE: GIS). In the report, Morgan Stanley noted, "Improved organic sales (+1%) were a slight positive, suggesting topline trends likely troughed...

In a report published Tuesday, Morgan Stanley analyst Matthew Grainger reiterated an Equal-Weight rating and $105.00 price target on Hershey Co. (NYSE: HSY). In the report, Morgan Stanley noted, "Despite relative strength in c-store channels (+6%) during 4Q14,a slowdown in confectionary category...

Morgan Stanley previewed Q4 earnings for Mead Johnson Nutrition CO (NYSE: MJN), Hershey Co (NYSE: HSY) and Altria Group Inc (NYSE: MO) on Tuesday. Analyst Matthew Grainger raised the price target on Mead Johnson Nutrition from $98 to $104 and maintained an Equal-weight rating. The firm’...

Analysts at Morgan Stanley recently took an in-depth look at what 2015 will bring for the tobacco industry. Quota Buyout Expiration Since the institution of the Fair and Equitable Tobacco Reform Act of 2004, the federal tobacco quote and price support system has been replaced by an industry-...

In a report published Thursday, Morgan Stanley analyst Matthew Grainger reiterated an Equal-Weight rating on The J.M. Smucker Company (NYSE: SJM), but lowered the price target from $107.00 to $102.00. In the report, Morgan Stanley noted, “SJM's 2Q15 EPS and FY15 guidance cut (sales -1%, EPS $5.45-5...

In a report published Thursday, Morgan Stanley analyst Matthew Grainger reiterated an Equal-Weight rating and $96.00 price target on Hershey Co (NYSE: HSY). In the report, Morgan Stanley noted, “Despite improved sales & share trends, Q3 lagged expectations given Food channel weakness and...