Peter Galbo

PepsiCo Inc (NASDAQ:PEP) aims to silence analysts who are lowering the stock's price target and an activist investor pushing for changes when it releases third-quarter financial results Thursday before the market close. Here are the earnings estimates, what experts are saying about the beverage...

While McCormick & Company Inc (NYSE:MKC) delivered an earnings beat for the third quarter, its 2025 outlook reflects increased tariff-related cost pressures, according to BofA Securities. The McCormick Analyst: Analyst Peter Galbo maintained a Buy rating and price target of $96. The McCormick...

While Kraft Heinz Co's (NASDAQ:KHC) fundamentals "remain soft," the stock is under pressure due to a possible sale by the largest shareholder, Berkshire Hathaway Inc (NYSE:BRK), according to BofA Securities. The Kraft Heinz Analyst: Analyst Peter Galbo maintained an Underperform rating, while...

Despite Constellation Brands Inc's (NYSE:STZ) stock shedding 26% year to date, there is further downside potential, according to BofA Securities. The Constellation Brands Analyst: Analyst Peter Galbo downgraded the rating from Neutral to Underperform, while slashing the price target from $182 to $...

Shares of Beyond Meat Inc (NASDAQ: BYND) spiked in Friday’s early session, after the company reported quarterly earnings. The El Segundo, California-based reported a quarterly loss of $1.05 per share, higher than the estimates of a loss of $1.15 per share. Here's how analysts reacted....

Campbell Soup Company (NYSE: CPB) shares traded higher by 4.8% on Wednesday after the company reported strong earnings growth in its fiscal first quarter and raised its full-year guidance. The Numbers: Campbell reported first-quarter adjusted EPS of $1.02 on revenue of $2.6 billion. Both numbers...

Tyson Foods, Inc. (NYSE: TSN) is scheduled to report its fiscal first-quarter earnings next Monday and Needham has already slashed its price target. The report will come one week after the Springdale, Arkansas-based meat producer's CFO, John R. Tyson, was arrested on a charge of public...

Shares of JM Smucker Co (NYSE: SJM) have lagged the packaged food peers year-to-date, and this gap is likely to close as the company executes on its fiscal 2023 outlook, according to BofA Securities. The JM Smucker Analyst: Peter Galbo upgraded the rating for JM Smucker from Neutral to Buy, while...

Beyond Meat Inc (NASDAQ: BYND) shares traded higher Thursday before moving lower in the afternoon, and remain down 56.6% year-to-date after the company reported a larger-than-expected first-quarter net loss following the launch of its new plant-based jerky. On Wednesday, Beyond Meat reported a...

Beyond Meat Inc (NASDAQ: BYND) reported a higher than the expected loss per share for the fourth quarter due to rising costs. Mizuho On Beyond Meat: John Baumgartner maintained a Neutral rating for the stock while lowering the price target from $59 to $45. The company’s “big EBITDA miss...

Cal-Maine Foods Inc’s (NASDAQ: CALM) stock may remain range-bound over the next 12 months, with negative estimate revisions due to higher feed costs for hens overpowering industry egg pricing, according to BofA Securities. The Cal-Maine Foods Analyst: Peter Galbo downgraded the rating for Cal...

Fast-food giant Mcdonald's Corp (NYSE: MCD) launched its new premium chicken sandwich and the biggest winner could be chicken supplier Pilgrim's Pride Corporation (NASDAQ: PPC), according to BofA Securities. The Pilgrim's Pride Analyst: Peter Galbo maintains a Buy rating on Pilgrim'...

Monster Beverage Corp (NASDAQ: MNST) shares are up 18% in the last three months, and recent rumors have suggested that the company may be planning to launch hard seltzer products in 2021. Hard seltzer is an attractive opportunity for Monster, and the company has multiple potential paths to take...

Energy beverage maker Monster Beverage Corp (NASDAQ: MNST) hosted a virtual annual general meeting this week that signaled the company is "going full beast mode," according to BofA Securities.  The Monster Beverage Analyst Peter Galbo maintained a Buy rating on Monster...

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 midday Tuesday.  The company's lockup period expired Tuesday, allowing early investors to...