Bonnie Herzog

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...

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...

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...

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...

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...

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...

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...

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...

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,...

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...

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...

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...

Altria Group Inc (NYSE: MO) has begun providing limited retail services to Juul Labs in accordance with the firms’ service agreements. The relationship’s got analysts hooked. The Rating Wells Fargo analyst Bonnie Herzog maintained an Outperform rating on Altria with a $65 price target....

Shares of beverage giant and Dow Jones component The Coca-Cola Co (NYSE: KO) lost more than 8 percent Thursday in reaction to a weak earnings report and a cautious guidance for 2019. Here is a reaction of how some of the Street's top analysts reacted to the print. The Analysts Citi's Wendy...

Businesses are stretching to blend their brands with one of the market’s hottest investment trends: cannabis. Constellation Brands, Inc. (NYSE: STZ) seems to prove the strategy’s value. The Rating Wells Fargo analyst Bonnie Herzog maintained an Outperform rating on the stock with a...