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Big Growth Comes In Small Package For Coca-Cola
Monday, October 21, 2019 - 1:30pm | 549Read More...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 growth of 5% or more — with smaller packaged items such as the mini cans showing...
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Analysts Think Constellation's Beer Bash Will Keep The Party Going
Friday, October 4, 2019 - 2:00pm | 500Read More...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 stock. “A lull in the party calls for more beer,” wrote one analyst. And the beer was good...
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Analysts: Few Blemishes In Estee Lauder's Q4 Print
Tuesday, August 20, 2019 - 1:32pm | 615Read More...Estee Lauder Companies Inc (NYSE: EL) delivered a strong fourth quarter, beating Street estimates on earnings and sales, and boosting guidance. Several analysts remained bullish on the stock, noting the beauty company’s seeming ability to defy expectations for slowing growth. The Analysts...
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The Street Debates PepsiCo's Q2 Earnings, Outlook
Wednesday, July 10, 2019 - 1:11pm | 566Read More...PepsiCo, Inc. (NASDAQ:PEP) reported Tuesday second-quarter results highlighted by every segment showing positive growth for the first time in recent memory. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts RBC Capital Markets' Nik Modi maintains...
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Wells Fargo Likes Altria's Move To Counter Declining Cigarette Sales With Price Hikes
Monday, June 17, 2019 - 12:20pm | 463Read More...Wells Fargo likes Altria Group Inc (NYSE: MO)’s willingness to use price increases to offset pressure from declining volume in cigarette sales. The Analyst Wells Fargo’s Bonnie Herzog reiterated an Outperform rating on Altria with a $65 price target. The Thesis The biggest question...
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Analyst: Cronos And Altria Make A Powerful Team
Wednesday, June 5, 2019 - 11:19am | 409Read More...Cronos Group Inc (NASDAQ: CRON) CEO Mike Gorenstein presented Tuesday at the Consumer Analyst Group of New York lunch. After attending the event, one Wall Street analyst said Cronos could become a “crown JUUL” of the cannabis business. The Analyst Wells Fargo analyst Bonnie Herzog...
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The Street Debates Monster Beverage's Quarter
Friday, May 3, 2019 - 3:04pm | 817Read More...Monster Beverage Corp (NASDAQ: MNST) reported a top-and-bottom line beat in its first quarter results but some Street analysts remain convinced a bullish stance on the stock can be justified. The Analysts Stifel's Mark Astrachan maintains a Buy rating on Monster Beverage's stock with a...
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Starbucks Continues Grande Growth In China, But Flat US Traffic Hurts Quarter
Friday, April 26, 2019 - 2:25pm | 507Read More...Starbucks Corporation (NASDAQ: SBUX) turned in a mixed quarter, bolstered by unexpectedly strong growth in China but marred by flat traffic in the U.S. The reaction from the sell-side was also mixed, and a bit muted, with several analysts continuing to recommend the stock and raising the price...
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Coca-Cola's Outlook Has Analysts Perking Up
Thursday, April 25, 2019 - 10:44am | 586Read More...Sell-side analysts say The Coca Cola Co. (NYSE: KO) has a refreshing new outlook that looks beyond its old standby product; strong sales; and a willingness to branch out, all of which look positive for the iconic global drink brand. Coca-Cola beat Street earnings estimates by two pennies...
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The Street's Reaction To Constellation Brands Earnings, Wine Divestiture
Friday, April 5, 2019 - 1:26pm | 641Read More...Constellation Brands, Inc. (NYSE: STZ) reported fourth-quarter results that came in better than expected. The company also announced an agreement to divest around 30 of its wine and spirits brands and related facilities for $1.7 billion. The Analysts Bank of America's Bryan Spillane maintains...
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Newell Brands CEO To Retire
Friday, March 15, 2019 - 9:29am | 402Read More...Rubbermaid parent Newell Brands Inc (NASDAQ: NWL) said Thursday its CEO Michael Polk will retire from the company. What Happened Polk will retire from the company at the end of the second quarter, a job he has held since 2011. The executive also served on the board of directors since 2009 and his...
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Analysts: Estée Lauder's Strength Isn't Just Cosmetic
Thursday, March 7, 2019 - 12:39pm | 577Read More...Estée Lauder Companies (NYSE: EL) put on its best face at its Wednesday investor day in New York, and several analysts said they remain impressed with the company’s strong foundation. Investors have already accounted for much of the iconic cosmetic company's strength, though,...
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Monster Beverage Posts Sales, EPS Beat: 4 Sell-Side Takes
Thursday, February 28, 2019 - 12:42pm | 600Read More...The market woke up Thursday to energetic interest in Monster Beverage Corporation (NASDAQ: MNST), which was surging after posting better-than-expected top-line results. Monster reported 15.8-percent organic sales growth in the fourth quarter, and its earnings per share of 43 cents beat...
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Wells Fargo Expects Tobacco Stocks To 'React Favorably' To Price Increases
Thursday, February 21, 2019 - 4:51pm | 440Read More...Tobacco giants Altria Group Inc (NYSE: MO) and Philip Morris International Inc. (NYSE: PM) are raising prices on all of their cigarette brands, and investors should take this as a positive, according to Wells Fargo. The Analyst Wells Fargo's Bonnie Herzog maintains an Outperform rating on...
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Analysts Still Bullish On Constellation Brands After Conference 'Curveballs'
Thursday, February 21, 2019 - 12:31pm | 656Read More...Constellation Brands, Inc. (NASDAQ: STZ) shares took a hit Wednesday after the company presented at the Consumer Growth Analyst Group of New York (CAGNY) conference this week. Investors seem to be disappointed with the company’s projected earnings growth rates and the negative impact of its...
















