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Which Beverages Stocks Will Pop? UBS Weigh In On The Sector
Tuesday, December 18, 2018 - 9:16am | 1160Read More...Investors thirsty for exposure to beverage stocks have many options available, but which names will outperform? UBS analysts updated their view of the sector on Dec. 12 and initiated coverage of new names. Here's a summary of what companies the research firm are recommending investors buy and...
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Macquarie: Diageo Poised For Higher American Sales, Market Share
Saturday, December 15, 2018 - 6:01pm | 390Read More...After chatting with the British alcoholic beverage maker Diageo plc (NYSE: DEO)'s management, Macquarie Research maintained its bullish stance on the stock. The Analyst Analyst Caroline Levy maintains an Outperform on Diageo's London-listed stock with an unchanged 31-...
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The Latest Trends In Alcohol: Panel Sees Rise In Hard Seltzer, Spirits
Thursday, November 29, 2018 - 8:44am | 400Read More...Macquarie's Caroline Levy provided clients with an outline of some of the key trends a panel of experts sees ahead for the alcohol market. The sell-side firm recently hosted a panel of beer and cannabis experts including beer-guru Harry Schuhmacher, founder of Beer Business Daily;...
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Pint Of No Return: Weighing The Impact Of Trial Between Molson Coors, Pabst
Tuesday, November 20, 2018 - 5:20pm | 415Read More...With Pabst and Molson Coors Brewing Co (NYSE: TAP) facing off in court, BMO Capital Markets considered the implications for the beer industry. The Analyst Analyst Amit Sharma reiterated a Outperform rating on Molson Coors with an $85 price target. The Thesis The trial has the potential to have a...
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RBC To Investors: This Bud's For You
Monday, October 29, 2018 - 9:18am | 332Read More...For Anheuser Busch Inbev NV (NYSE: BUD), two opposites can be true at the same time: Q3 results were "deeply disappointing" and "not too bad," according to RBC. The Analyst RBC Capital Markets' James Jones upgraded Anheuser-Busch's Europe-listed stock from Sector Perform...
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Cramer's 3 Highlights From Constellation Brands' Beat-And-Raise Q2
Thursday, October 4, 2018 - 12:09pm | 409Read More...Alcoholic beverage maker Constellation Brands, Inc. (NYSE: STZ) reported beat-and-raise second-quarter results Thursday. What Happened Constellation Brands said it earned $2.87 per share in Q2 on revenue of $2.3 billion versus expectations of $2.60 per share and $2.25 billion. By segment, beer...
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Jefferies: Constellation Brands Is Our Top Large-Cap Growth Idea
Wednesday, October 3, 2018 - 12:38pm | 381Read More...Shares of alcohol beverage maker Constellation Brands, Inc. (NYSE: STZ) have lost 7 percent year-to-date and the steep discount versus its peers makes it Jefferies' top large-cap growth idea. The Analyst Kevin Grundy maintains a Buy rating on Constellation Brands with an unchanged $283...
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Breakfast Brew: IHOP's Pancake-Infused Stout Joins List Of Restaurant-Branded Beers
Wednesday, September 26, 2018 - 10:19am | 445Read More...Interested in trying pancake-flavored beer? If so, Dine Brands Global Inc (NYSE: DIN)'s IHOP chain has you covered. What Happened IHOP has struck a partnership with New York's Keegan Ales to sell IHOPS Pumpkin Pancake Stout beer. The company's buttermilk pancake mix is infused...
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Constellation Brands Is Overvalued, Susquehanna Says In Downgrade
Monday, August 20, 2018 - 9:37am | 404Read More...Alcoholic beverage producer Constellation Brands, Inc. (NYSE: STZ) is trading at a notable valuation premium to the broader market which can't be justified — especially after its $4-billion investment in cannabis company Canopy Growth Corp (NYSE: CGC), according to Susquehanna...
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Beer Makers Buy Into Hard Sparkling Water Trend As Hard Soda Fizzles
Friday, July 27, 2018 - 1:19pm | 654Read More...As beer continues to cede market share to alcoholic alternatives and hard sodas fall out of favor, brewers are jumping in on a rising trend. The industry is shaking its line-up with hard seltzer, a beverage seen to be as disruptive to beer as LaCroix has been to soda. Sparkling Water’s...
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Anheuser-Busch Exec Talks New Beers, Aluminum Tariffs
Tuesday, July 3, 2018 - 9:29am | 360Read More...Anheuser Busch Inbev NV (ADR) (NYSE: BUD), the macro brewery whose brands include Budweiser, has a new lineup of summer beers that are inspired by America and freedom, according to Brendan Whitworth, Anheuser-Busch vice president of sales, What Happened Budweiser's recently launched lineup of...
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Stifel's 5-Year Bullish Stance On Constellation Brands Fizzles
Tuesday, April 3, 2018 - 2:11pm | 449Read More...After a more than fourfold increase in Constellation Brands, Inc. (NYSE: STZ) over the past five years, Stifel's bullish stance on the stock has come to an end. The Analyst Stifel's Mark Swartzberg downgraded Constellation Brands' stock rating from Buy to Hold with a price...
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3 Reasons To Like Dollar Tree Stores, According To Piper Jaffray
Monday, March 26, 2018 - 12:11pm | 346Read More...After holding a neutral stance on Dollar Tree, Inc. (NASDAQ: DLTR) dating back to at least 2015, there are now three reasons Piper Jaffray is willing to turn bullish on the stock. The Analyst Piper Jaffray's Peter Keith upgraded Dollar Tree's stock from Neutral to Overweight with a...
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Trump's Tariff Decision Could Make Your Beer More Expensive: Here's How
Friday, March 2, 2018 - 3:22pm | 542Read More...President Donald Trump announced Thursday new proposed tariffs on steel and aluminum imports. Naturally, this is seen as a positive for domestic steel manufacturers but behind the scenes one overlooked segment could be harmed: beer companies. What Happened MillerCoors said on Twitter it'...
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Credit Suisse: A 'Unique Opportunity' Makes Molson Coors An Attractive Stock
Monday, February 12, 2018 - 3:17pm | 409Read More...Investors looking for a company that will see outsized benefits versus its peers from President Donald Trump's tax reform should consider Molson Coors Brewing Co (NYSE: TAP), according to Credit Suisse. The Analyst Credit Suisse's Laurent Grandet upgraded Molson Coors' stock from...
















