Peter T. Galbo

Wall Street sentiment toward General Mills Inc. (NYSE:GIS) is becoming cautious. A leading analyst has downgraded the stock, reduced his price target and extended the expected recovery timeline. Several others share this outlook. • What are GIS shares doing today? Below is an overview of...

Coca-Cola Company (NYSE:KO) shares moved higher on Wednesday after the beverage giant topped profit expectations and reiterated its confidence in steady growth ahead. Investors also took comfort in supportive analyst commentary that highlighted improving volume trends and margin expansion. •...

PepsiCo, Inc. (NASDAQ: PEP) shares are trading slightly higher on Friday. The global leader in snacks and beverages remains a “defensive” play in a U.S. slowdown, though less so than in past recessions, given stretched Frito-Lay pricing. See how PEP stock is doing here. BofA...

Bank of America Securities and other experts are weighing in on the breakdown in merger talks between The Hershey Co. (NYSE:HSY) and Mondelez International, Inc. (NASDAQ:MDLZ).  What Happened: Early Wednesday morning, Mondelez announced a new $9 billion share repurchase program. The Chicago-based...

BofA Securities analyst Peter T. Galbo reiterated an Underperform rating on Campbell’s Co. (NASDAQ:CPB), with a price target of $46. The company’s first-quarter net sales of $2.77 billion were slightly below estimates, with organic sales down 1% YoY, impacted by lower volume/mix and...