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Deutsche Bank Previews Large Food Companies Q3 Earnings: Kraft Foods, Kellogg, Hershey
Monday, October 27, 2014 - 4:11pm | 485Deutsche Bank issued Q3 2014 earnings previews for large food companies last Friday. Analysts led by Eric Katzman noted that Kraft Foods Group Inc (NASDAQ: KRFT) and Kellogg Company (NYSE: K) are facing a challenging environment while Hershey Co (NYSE: HSY) received positive comments...
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Deutsche Bank Expects A 'Challenging' Q3 For Kellogg
Friday, October 24, 2014 - 9:13am | 202Kellogg Company (NYSE: K) is scheduled to report its third quarter results on October 30 before market open. On Friday, Eric Katzman of Deutsche Bank released a cautious earnings preview while maintaining a Hold rating and $63 price target. "Kellogg faces challenging trends in key categories,...
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Deutsche Bank Sees Difficult Environment For Kraft Foods Group
Friday, October 24, 2014 - 8:52am | 140In a report published Friday, Deutsche Bank analyst Eric Katzman reiterated a Hold rating and $59.00 price target on Kraft Foods Group (NASDAQ: KRFT). In the report, Deutsche Bank noted, “We see a difficult environment for Kraft, reflected in deteriorating market share vs. the need to raise prices...
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UPDATE: Deutsche Bank Reiterates On The Hershey Company On 3Q14 Earnings Preview
Friday, October 24, 2014 - 8:39am | 99In a report published Friday, Deutsche Bank analyst Eric Katzman reiterated a Buy rating on The Hershey Company (NYSE: HSY), but lowered the price target from $109.00 to $108.00. In the report, Deutsche Bank noted, “Hershey enjoys leading U.S. market share, initial EM success and solid B/S, FCF....
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UPDATE: Deutsche Bank Downgrades Mead Johnson Nutrition Given Current Valuation
Monday, October 20, 2014 - 7:58am | 117In a report published Monday, Deutsche Bank analyst Eric Katzman downgraded the rating on Mead Johnson Nutrition (NYSE: MJN) from Buy to Hold, but reiterated the $103.00 price target. In the report, Deutsche Bank noted, “With recent headlines pointing to Danone's interest in Mead Johnson as a...
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UPDATE: Deutsche Bank Downgrades Kraft Foods
Thursday, July 31, 2014 - 11:37am | 141In a note released before the market open on Thursday, Deutsche Bank analyst Eric Katzman downgraded shares of Kraft Foods (NASDAQ: KRFT) from Buy to Hold and lowered the price target from $62 to $59. Katzman noted that, despite what he sees as limited downside, he is moving to the sidelines...
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UPDATE: Deutsche Bank Downgrades McCormick After 17 Years
Thursday, January 30, 2014 - 12:28pm | 97In a report released Thursday morning, Deutsche Bank analyst Eric Katzman lowered McCormick (NYSE: MKC) from a Buy to Hold, with a price target of $66. Katzmans elaborates on the downgrade, "in our view, and the shares now trade in line with the peer group average. Current valuation levels...
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UPDATE: Deutsche Bank Lowers PT on Dean Foods on Reasons for Caution
Wednesday, October 2, 2013 - 11:43am | 117In a report published Wednesday, Deutsche Bank analyst Eric Katzman reiterated a Buy rating on Dean Foods Co. (NYSE: DF), but lowered the price target from $26.00 to $25.00. In the report, Deutsche Bank noted, “While our neutral view on the group proved too cautious in 1H13, the tides have shifted...
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UPDATE: Deutsche Bank Raises PT on Amira Nature Foods on Reasons for Caution
Wednesday, October 2, 2013 - 11:43am | 119In a report published Wednesday, Deutsche Bank analyst Eric Katzman reiterated a Buy rating on Amira Nature Foods Ltd. (NYSE: ANFI), and raised the price target from $13.00 to $15.00. In the report, Deutsche Bank noted, “While our neutral view on the group proved too cautious in 1H13, the tides...
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UPDATE: Deutsche Bank Lowers PT on Kellogg Company on Reasons for Caution
Wednesday, October 2, 2013 - 11:42am | 115In a report published Wednesday, Deutsche Bank analyst Eric Katzman reiterated a Buy rating on Kellogg Company (NYSE: K), but lowered the price target from $73.00 to $68.00. In the report, Deutsche Bank noted, “While our neutral view on the group proved too cautious in 1H13, the tides have shifted...
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Deutsche Bank Retains Buy on Smucker's on F4Q10 Predictions (SJM)
Monday, June 14, 2010 - 8:36am | 100Deutsche Bank analyst Eric Katzman maintained a Buy rating on The J.M. Smucker Company (NYSE: SJM). Katzman said, "We expect F4Q10 (end Apr) EPS of $0.79 vs. $1.02 last year on 1% sales decrease...There will be focus on F4Q10 results, but we expect most attention to be placed on F2011 guidance....