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2 Reasons Why Constellation Brands Likely Won't Be Buying Brown-Forman
Wednesday, May 24, 2017 - 10:29am | 488Constellation Brands, Inc. (NYSE: STZ) has difficulty walking the line, according to Credit Suisse. The company continues to stumble over decelerating growth in its Mexican beer line, ultimately insignificant acquisitions in the wine and spirit space, and general underperformance regarding its...
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Constellation Brands Is On Trend, But Earnings Expectations Keep Credit Suisse At Neutral
Friday, September 16, 2016 - 11:27am | 334Credit Suisse sees higher risk to Constellation Brands, Inc. (NYSE: STZ)'s earnings potentials until fiscal year 2018. Analysts Laurent Grandet and Clay Crumbliss also see pricing power as being pressured to retain volume growth. As a result, the analysts project EPS 2–3 percent below Street...
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Put A Pep In Your Step With Pepsi: Credit Suisse Initiates At Outperform
Friday, September 16, 2016 - 9:09am | 358Credit Suisse believes that the market has failed to give any credit to PepsiCo, Inc. (NYSE: PEP) for the financial and marketing strength on Frito-Lay franchise. Aside from this, the company did well to rebalance its beverage portfolio in the United States to accelerate noncarbonated beverages....
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UPDATE: Credit Suisse Downgrades Mondelez
Thursday, January 9, 2014 - 8:53am | 211In a report published Thursday, Credit Suisse analyst Clay Crumbliss downgraded Mondelez International (NASDAQ: MDLZ) to Neutral from Outperform, raising its price target to $37.00. According to the report, the $37.00 price target is based on a 19.5x P/E multiple against our 2015 EPS estimate of...