Analysts Think Constellation's Beer Bash Will Keep The Party Going
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...
View ArticleAnalysts React To PepsiCo's Q3 Beat
PepsiCo, Inc. (NASDAQ: PEP) shares moved higher after reporting a third-quarter earnings and sales beat on Thursday morning. Credit Suisse analyst Kaumil Gajrawala said better top-line growth is...
View ArticleBig Growth Comes In Small Package For Coca-Cola
Coca Cola Co's (NYSE: KO) mini cans are delivering maxi results. Sell-side analysts praised the American soft drink icon for yet another strong quarter of organic growth — the eighth straight with...
View ArticleHershey's Earnings: Sweet Treat Or Sour Candy?
Hershey Co (NYSE: HSY) reported mixed third-quarter results and lifted part of its full-year outlook. The Analysts BMO Capital Markets analyst Kenneth Zaslow maintained a Market Perform rating on...
View ArticleAnalysts Slice Beyond Meat Price Targets Ahead Of Share Lockup Expiration
Investors are losing their appetite for Beyond Meat Inc (NASDAQ: BYND) even after the company posted a profitable first quarter. Shares plunged more than 23% Monday and were falling nearly 20% as of...
View ArticleBofA Double Upgrades Kellogg, Downgrades Hershey's
Bank of America's bearish thesis on Kellogg Company (NYSE: K) dates back to late 2016. The firm said Friday that it can no longer be justified ahead of a year of expected growth in 2020.At the same...
View ArticleMorgan Stanley, BofA Remain PepsiCo Bulls After Q1 Report
Global beverage and snacking giant PepsiCo, Inc. (NASDAQ: PEP) reported first-quarter results Tuesday that were highlighted by strong organic sales growth, but the company cautioned there's a "great...
View ArticleThese Analysts Aren't Supporting Beyond Meat's Stock Surge
Plant-based food maker Beyond Meat Inc (NASDAQ: BYND) reported first-quarter results, highlighted by an earnings beat and a swing to profit.While investors appear to be impressed with the print,...
View ArticleThis Analyst Likes Kraft Heinz Stock And Its 40% Discount To Peers
Kraft Heinz Co (NASDAQ: KHC) is trading at a 40% valuation discount versus its peers and represents a good buying opportunity for investors, according to BofA Securities.The Kraft Heinz AnalystBryan...
View ArticleCanopy Growth Analyst Sees Increasing Cannabis Market Share, Little Stock Upside
Canopy Growth Corp. (NYSE: CGC) shares traded higher on Tuesday after the company held a virtual meeting on Monday and reassured investors that the company is leading the cannabis group in three major...
View ArticleBofA Raises Constellation Brands Target, Says It's Positioned To Exit...
Constellation Brands, Inc. (NYSE: STZ) seems poised to come out of the pandemic in a stronger position, as depletions in beer remain robust and the company moves past overhangs like the Gallo...
View Article9 'Summer BBQ' Stocks With A Lot Riding On July 4 Weekend
There’s no question 2020 has been a stressful year for Americans, which is why many people are hoping to forget about business and money this weekend and enjoy the July 4 holiday.For a handful of U.S....
View ArticleThe Early Reaction To Coca-Cola's Q2
Beverage giant Coca-Cola Co (NYSE: KO) reported Tuesday morning with second quarter results that were notable for a 16% decrease in global unit case volume and a 33% decline in earnings.Earnings came...
View ArticleShould Investors Buy The Dip In Beyond Meat? 3 Analysts Weigh In
Plant-based food maker Beyond Meat Inc (NASDAQ: BYND) reported second-quarter results as sales came in better than expected but showed a sequential slowdown in growth.Bernstein analyst Alexia Howard...
View ArticleCanada Opened 46 Cannabis Retail Stores In August
The growth of physical retail space in the Canadian cannabis space remains inconsistent, but it is still moving in the right direction, BofA Securities said in a note.The Analyst:Bryan Spillane details...
View ArticlePepsiCo Beats Q3 Estimates: What Investors Need To Know
Beverage and snack giant PepsiCo, Inc. (NASDAQ: PEP) reported third-quarter results that came in better than expected.Pepsi Earnings Recap: PepsiCo said it earned $1.66 per share in the third quarter...
View ArticleBofA Analyst: Canopy Poised For Growth As Democrats Hope For Marijuana...
As the 2020 election heats up, Smith Falls, Ontario-based Canopy Growth Corp. (TSX: WEED)(NYSE: CGC) is hustling to gai additional U.S. market access, according to a Bank of America Global Research...
View ArticleBofA Breaks Down Coca-Cola's Q3
Beverage giant Coca-Cola Co (NYSE: KO) reported Thursday morning with third-quarter results that came in better than expected, sending the stock higher. Coca-Cola Q3 Earnings Recap: Coca-Cola said it...
View ArticleBeyond Meat Analysts Debate If The Stock Now Has Big Opportunity Or Major...
Plant-based food maker Beyond Meat Inc (NASDAQ: BYND) reported third-quarter earnings that notably fell short of expectations and sparked a debate among analysts.The Analysts: CFRA analyst Arun...
View ArticleHershey Is A Sweet Stock Pick, BofA Says In Bullish Turn
Snack and food company Hershey Co (NYSE: HSY) has multiple catalysts ahead that would justify multiple expansion in 2021 and beyond, according to BofA Securities. The Analyst: Bryan Spillane upgraded...
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