Bonnie Herzog

Juul vaping cartridge sales were on fire this past year, giving Wells Fargo a buzzy feeling about Altria Group Inc. (NYSE: MO) following this week’s earnings report. But Morgan Stanley wasn’t convinced vaping will offset the continuing decline in traditional cigarettes. Altria ...

Procter and Gamble Co (NYSE: PG) stock was down Thursday but analysts reactions were mixed after an earnings report that saw better-than expected sales growth offset by disappointing margins. The Analysts Raymond James analyst Joseph Altobello maintained a Market Perform rating on Procter and...

Constellation Brands, Inc. (NYSE: STZ) held a presentation this week with Street analysts to discuss its beer business outlook, which left at least two analysts positive on the outlook. The Main Takeaways Constellation Brands' presentation was led by incoming CEO Bill Newlands, Beer President...

Shares of Newell Brands Inc (NASDAQ: NWL), the maker of Rubbermaid food storage and other products, moved  higher Thursday before trading down on the day after activist investor Carl Icahn revealed a 9.9-percent stake in the company. The stock also benefited from encouraging commentary...

Starbucks (NASDAQ: SBUX) shares were a bit less robust than a venti dark roast Friday after the company revised its growth expectations downward — and some analysts came away from the company’s investor day meeting a bit lukewarm on the stock. Shares were down Friday despite announcements for...

Clorox Co (NYSE: CLX) earlier this week hosted a sell-side presentation. Here is a summary of how three analysts reacted to the event. The Analysts Wells Fargo's Bonnie Herzog maintains a Market Perform rating on Clorox with a price target lifted from $145 to $160. Raymond James' Joseph...

Altria Group Inc (NYSE: MO) stock is down more than 15 percent in the last month as concerns over a potential U.S. ban on menthol cigarettes weigh on investor sentiment. One Wall Street analyst said value investors have a rare opportunity to buy Altria following the sell-off. The Analyst Wells...

The Food and Drug Administration is set on introducing restrictions on the sale of electronic cigarettes, including prohibiting most flavored products in convenience stores and gas stations, The Washington Post reported Nov. 8. The Wall Street Journal followed up with its own report Friday that...

The Coca-Cola Co (NYSE: KO)'s Powerade may never been able to match up with PepsiCo, Inc (NASDAQ: PEP)'s Gatorade, but Coca-Cola has a new plan to win the sports drink wars. What Happened? Coca-Cola announced Tuesday it has acquired a minority stake in the fast-growing sports...

The Coca-Cola Co (NYSE: KO) introduced a new strategy to better position its business to capitalize on shifting consumer demands, including low-calorie drinks. But some investors still have legitimate concerns with the company as evidenced by declining revenue in the company's third-quarter...

PepsicCo, Inc. (NYSE: PEP) was trading a bit lower Wednesday after investors had enough time to fully digest the company's earnings report, which included a revenue miss but earnings came in ahead of expectations. Investors have "little reason" to be excited about PepsiCo's third...

Capitalizing on an expansion in beer margins, Constellation Brands, Inc. (NYSE: STZ) is expecting to continue its momentum. Thus, Wells Fargo senior analyst Bonnie Herzog reiterated her Outperform rating and raised her price target from $205 to $215. Beer, Wine Margin Expansion Generates Top-Line...

“We just learned from several of our retailer contacts that due to unforeseen production complications, Monster Beverage Corporation (NASDAQ: MNST) has delayed the launch of its enhanced-water energy product Hydro ‘indefinitely’ according to one retailer, and ‘up to 90 days...

Analysts at Wells Fargo chimed in on PepsiCo, Inc.'s (NYSE: PEP) fourth quarter earnings beat. Shares were down slightly following the beat. “Operating income of $2.6Bn was slightly above our estimate based on strong operating leverage in its 3 N. America segments due to the ongoing...