Michael Steib

In a report published Monday, Credit Suisse analyst Michael Steib reiterated an Outperform rating and $105.00 price target on Procter & Gamble Co. (NYSE: PG). In the report, Credit Suisse noted, "We hosted a series of PG investor meetings in Europe. Our impression is that PG's various strategic...

In a report published Thursday, Credit Suisse analyst Michael Steib reiterated an Underperform rating on Clorox Co. (NYSE: CLX), and raised the price target from $90.00 to $102.00. In the report, Credit Suisse noted, "CLX posted 2Q15 results today that showed a strong acceleration from prior...

In a report published Wednesday, Credit Suisse analyst Michael Steib reiterated a Neutral rating on Church & Dwight Co. (NYSE: CHD), and raised the price target from $75.00 to $82.00. In the report, Credit Suisse noted, "CHD finished the year with strong organic sales growth of 5.2% in 4Q14,...

In a report published Monday, Credit Suisse analyst Michael Steib reiterated an Outperform rating on WhiteWave Foods Co. (NYSE: WWAV), but lowered the price target from $41.00 to $39.00. In the report, Credit Suisse noted, “Despite a 53% share price run in 2014, we remain positive on WWAV's share...

Credit Suisse raised its price target on Procter & Gamble Co (NYSE: PG) Friday from $85 to $90 and maintained a Neutral rating. Analysts led by Michael Steib commented that “PG presented a coherent overview of its key strategic priorities at its investor seminar. We left the...

In a report published Monday, Credit Suisse analyst Michael Steib reiterated an Underperform rating on The Clorox Co (NYSE: CLX), and raised the price target from $84.00 to $90.00. In the report, Credit Suisse noted, “CLX delivered a good start to FY15 with 2.5% organic revenue growth. EPS was also...

Procter & Gamble Co's (NYSE: PG) in-line first-quarter earnings suggests an improving "quality" of results in a difficult environment for consumer products, an analyst said Friday. Results were overshadowed by news of Procter & Gamble plan to split off its Duracell battery...

In a report published Monday, Credit Suisse analyst Michael Steib reiterated an Outperform rating and $46.00 price target on The Coca-Cola Company (NYSE: KO). In the report, Credit Suisse noted, “We view KO's strategic partnership with MNST as a smart move due to the portfolio realignment and...

Monster Beverage's (NASDAQ: MNST) price target was boosted from $82 to $98 at Credit Suisse following the $2.15 billion investment from Coca-Cola (NYSE: KO). “The transaction should bring several benefits, including stronger growth (particularly outside the US), faster margin...

Credit Suisse Wednesday initiated coverage of Monster Beverage (NASDAQ: MNST) with an Outperform rating and a target price of $82. Credit Suisse analyst Michael Steib assigned the rating based on what he describes as some of the best top- and bottom-line growth in the CPG sector, thus justifying...

Becker Drapkin Management, an activist investor that targets smaller and lesser-known companies, has taken a 7.2 percent stake in XO Group (NYSE: XOXO). XO Group publishes content geared towards couples that are set to get married and plan a family. The company operates TheKnot.com, which the...

In a report published Wednesday, Credit Suisse analyst Michael Steib downgraded the rating on Church & Dwight (NYSE: CHD) from Outperform to Neutral, but raised the price target from $63.00 to $66.00. In the report, Credit Suisse noted, “We argue that the current share price is starting to...

In a report published Monday, Credit Suisse analyst Michael Steib raised estimated and the price target on Jarden Corporation (NYSE: JAH) from $62.00 to $72.00. Steib noted that Jarden "has considerable potential to further improve its operating margin," especially following the Yankee Candle...

In a report published Tuesday, Credit Suisse analyst Michael Steib initiated coverage on Coty (NYSE: COTY) with a Neutral rating and $17.00 price target. In the report, Credit Suisse noted, “We believe COTY has a longer-term top-line growth potential of 3-4% based on innovation, international...

In a report published Tuesday, Credit Suisse analyst Michael Steib initiated coverage on Avon Products (NYSE: AVP) with a Neutral rating and $19.00 price target. In the report, Credit Suisse noted, “AVP's new management is making progress, albeit unevenly, toward its long term goals of midsingle-...