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Citigroup Says The Clorox Co Takeover Rumor Is Bunk
Monday, September 22, 2014 - 4:41pm | 245Read More...The Clorox Co (NYSE: CLX) closed Monday sharply higher after a report that it rejected a takeover offer from an unnamed suitor that put a 20 percent premium on Clorox's market price. But an analyst thinks the report of a spurned offer is inaccurate and notes that separate news Monday that...
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Mixed Reviews For Monster's Q2 Beat Amid Industry Slow Down
Friday, August 8, 2014 - 4:50pm | 249Read More...Monster Beverage's (NASDAQ: MNST) second-quarter earnings beat got mixed reviews from analysts who noted a broad slowdown in the industry that hurt sales. The non-carbonated soft-drink maker posted earnings of $0.81 per share, $0.06 ahead of expectations. Revenue grew 8.9 percent, including...
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UPDATE: Citigroup Reiterates On Constellation Brands Following 1Q Beat
Thursday, July 3, 2014 - 9:29am | 153Read More...In a report published Thursday, Citigroup analyst Wendy Nicholson reiterated a Neutral rating on Constellation Brands (NYSE: STZ), and raised the price target from $93.00 to $100.00. In the report, Citigroup noted, “Fairly consistent with the scanner data in Nielsen-tracked channels, STZ's beer...
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UPDATE: Citigroup Downgrades Dr. Pepper Snapple Group
Tuesday, June 24, 2014 - 8:54am | 119Read More...In a note issued Tuesday morning, Citigroup analyst Wendy Nicholson downgraded shares of Dr. Pepper Snapple Group (NYSE: DPS) from Buy to Neutral and maintained a $61 price target. Nicholson started her note by stating that Dr. Pepper has gained 22 percent year-to-date which is more than double...
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Monster's International Growth May Be 'Too Aggresive,' According To Citi
Friday, May 23, 2014 - 2:42pm | 239Read More...In a report published Thursday, Citi analyst Wendy Nicholson analyzed energy drinks across 17 countries in various markets. Although Red Bull dominates market share in almost every region, Nicholson noted that Monster Beverage Corporation (NASDAQ: MNST) continues to gain market share. The analyst...
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SodaStream Deal Could Be 'Win-Win,' Says Citigroup
Thursday, April 24, 2014 - 2:55pm | 112Read More...Shares of Sodastream (NASDAQ: SODA) are down 4.7 percent to $42.65 in Thursday's trading after Citigroup released a note on the possibility of a deal being struck. Analyst Wendy Nicholson believes a deal could be a “win-win” for SodaStream and its suitor, as Sodastream has lacked “the ability to...
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UPDATE: Citigroup Lowers PT on Coty After Ending FY13 on a High Note
Wednesday, September 18, 2013 - 11:15am | 141Read More...In a report published Wednesday, Citigroup analyst Wendy Nicholson reiterated a Neutral rating on Coty (NYSE: COTY), but lowered the price target from 19.00 to $17.00. In the report, Citigroup noted, “COTY's FY13 closed with the strongest quarterly sales growth of the year, and solid pro forma...
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UPDATE: Citigroup Raises PT on Monster Beverage Following 2Q13 EPS Report
Monday, August 12, 2013 - 9:02am | 184Read More...In a report published Monday, Citigroup analyst Wendy Nicholson reiterated a Neutral rating on Monster Beverage (NASDAQ: MNST), and raised the price target from $54.00 to $63.00. In the report, Citigroup noted, “MNST reported 2Q13 EPS of $0.62 (+4.6% YoY), which was 2 cents below consensus. Net...
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UPDATE: Citigroup Raises PT on Newell Rubbermaid on Multiple Positive Factors
Monday, July 29, 2013 - 10:36am | 186Read More...In a report published Monday, Citigroup analyst Wendy Nicholson reiterated a Buy rating on Newell Rubbermaid (NYSE: NWL), and raised the price target from $30.00 to $31.00. In the report, Citigroup noted, “As is usually the case, there are a number of factors that will determine at which point...
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Coca-Cola Takes a Slight Hit on Profit
Tuesday, July 17, 2012 - 1:24pm | 228Read More...Soft drink giant Coca-Cola (NYSE: KO) reported earnings on Tuesday and Benzinga reported that the company showed a decline in its second-quarter profit. "Coca-Cola's quarterly net income dropped to $2.79 billion, from $2.80 billion, in the year-ago period. Earnings per share rose to $1.21, from $1...

