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Why Did Deutsche Bank Downgrade Flowers Foods After Earnings?
Friday, February 12, 2016 - 11:15am | 318Deutsche Bank recently issued a report on Flowers Foods, Inc. (NYSE: FLO) after a recent selloff of the stock. Analysts at Deutsche Bank downgraded Flower Foods from Buy to Hold, and lowered their price target from $25 to $18. Eric Katzman and Mario Contreras, analysts and associates at Deutsche...
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J.M. Smucker Is Deutsche Bank's Top Food Pick Heading Into '16
Thursday, January 7, 2016 - 11:42am | 379Deutsche Bank recently issued its 2016 outlook on the Food Industry naming J.M. Smucker Co (NYSE: SJM) as its top pick based on a combination of increasing profitability, greater operational efficiency. Currently, J.M. Smucker is rated as a Buy while Deutsche Bank raised its price target...
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Why Did Deutsche Bank Just Downgrade Mondelez?
Thursday, January 7, 2016 - 11:40am | 257Shares of Mondelez International Inc (NASDAQ: MDLZ) have declined 4.12 percent over the last three months, while declining more than 3 percent in morning trade on January 7. Deutsche Bank’s Eric Katzman has downgraded the rating on the company from Buy to Hold, while lowering the price...
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Deutsche Bank: Wait For Better Entry Point Into Hormel
Monday, December 14, 2015 - 11:47am | 341Deutsche Bank issued a company update on Hormel Foods Corp (NYSE: HRL), advising investors to wait for a better entry point to buy stock in the food company. Deutsche Bank downgraded Hormel Foods from Buy to Hold and maintained their $76 price target. Mario Contreras and Eric Katzman, analysts at...
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Analyst: Hershey Co. U.S. Competition Stiffens; Latin America Slows Down
Monday, April 20, 2015 - 3:25pm | 303Hershey Co (NYSE: HSY) shares are off 10 percent in the past three months and an analyst said Monday that he's cautious on the stock heading into its first-quarter earnings report. The company, set to post results Thursday, is facing increased U.S. competition for its confectioneries from...
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Deutsche Bank Plays The Waiting Game On ConAgra Foods
Friday, March 27, 2015 - 10:25am | 99In a report published Friday, Deutsche Bank analyst Eric Katzman reiterated a Hold rating and $34.00 price target on ConAgra Foods, Inc. (NYSE: CAG). In the report, Deutsche Bank noted, "Although we acknowledge a supportive 3% div.yield, low valuation (15x C2015 P/E) and improving balance sheet (3....
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What Wall Street Thinks Of The Kraft Heinz Merger
Wednesday, March 25, 2015 - 8:48am | 583H.J. Heinz and Kraft Foods Group Inc (NASDAQ: KRFT) announced on Wednesday that they will merge in a deal that will create the fifth largest food and beverage firm in the world and the third largest in North America. "This is my kind of transaction, uniting two world-class organizations...
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Deutsche Bank Reiterates Buy, Raises PT On Pinnacle Foods Following Management Meeting
Monday, March 16, 2015 - 9:13am | 99In a report published Monday, Deutsche Bank analyst Eric Katzman reiterated a Buy rating and Pinnacle Foods Inc. (NYSE: PF), and raised the price target from $39.00 to $42.00. In the report, Deutsche Bank noted, "We recently hosted Pinnacle mgmt for investor meetings and reaffirm it as our Top Pick...
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Deutsche Bank Reiterates Hold, Raises Price Target On Kraft Foods On 4Q14 Earnings Preview
Monday, February 9, 2015 - 10:14am | 104In a report published Monday, Deutsche Bank analyst Eric Katzman reiterated a Hold rating on Kraft Foods Group Inc (NASDAQ: KRFT), and raised the price target from $57.00 to $61.00. In the report, Deutsche Bank noted, "Though some view mgmt changes as signaling future value creation, we are wary...
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General Mills Faces Skeptics With Upcoming Q2 Results
Tuesday, December 16, 2014 - 11:33am | 232General Mills, Inc. (NYSE: GIS) is facing accelerating headwinds and growing risk to its earnings outlook, an analyst said Monday. The maker of Cheerios and Hamburger Helper is set to issue fiscal second-quarter results Wednesday to increasingly skeptical investors, with shares down more than 4...
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Deutsche Bank Previews ConAgra Foods' Q2 Earnings
Monday, December 15, 2014 - 9:56am | 179ConAgra Foods Inc (NYSE: CAG) will reports its second-quarter results on Thursday. Analysts are expecting the company to earn $0.60 per share in the quarter. In a note to clients on Monday, Eric Katzman of Deutsche Bank expects the company to also earn $0.60 per share in the quarter on revenue of $...
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Deutsche Bank Cautious On General Mills Ahead Of Q2 Print
Monday, December 15, 2014 - 9:29am | 180General Mills, Inc. (NYSE: GIS) will report its second-quarter results on Wednesday before market open. Analysts are expecting the company to earn $0.77 per share in the quarter. In a note to clients on Monday, Eric Katzman of Deutsche Bank expressed a cautious view heading in to the earnings...
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UPDATE: Deutsche Bank Upgrades Pinnacle Foods On Attractive Outlook
Monday, November 17, 2014 - 10:42am | 105In a report published Monday, Deutsche Bank analyst Eric Katzman upgraded the rating on Pinnacle Foods Inc (NYSE: PF) from Hold to Buy, and raised the price target from $34.00 to $37.00. In the report, Deutsche Bank noted, “With Pinnacle shaking off any distractions from the failed HSH bid, gaining...
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Deutsche Bank Remains Cautious On Dean Foods Co.
Wednesday, November 5, 2014 - 9:42am | 95In a report published Wednesday, Deutsche Bank analyst Eric Katzman reiterated a Hold rating and $14.00 price target on Dean Foods Co. (NYSE: DF). In the report, Deutsche Bank noted, “We remain cautious on category weakness, dairy volatility, and cost savings flow-through challenges. These factors...
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UPDATE: Deutsche Bank Reiterates On Pinnacle Foods On 3Q14 Earnings Preview
Wednesday, November 5, 2014 - 9:42am | 101In a report published Wednesday, Deutsche Bank analyst Eric Katzman reiterated a Hold rating on Pinnacle Foods Inc (NYSE: PF), and raised the price target from $33.00 to $34.00. In the report, Deutsche Bank noted, “Pinnacle shares are +23% YTD with decent fundamentals coupled with a surprising...