Food Companies

The battle between Amazon.com, Inc. (NASDAQ: AMZN) and Wal-Mart Stores Inc (NYSE: WMT) could soon emerge in a different arena: food purchases. According to a Bloomberg report, Amazon invited food executives from some of the biggest brands to its Seattle office. The online retailer invited...

The biggest yogurt brand doesn't come from one of the major food companies like General Mills, Inc. (NYSE: GIS). That title goes to the startup Chobani. According to a Bloomberg report, Chobani became the biggest yogurt brand in 2016 after it unseeded General Mills' Yoplait. It seems hard...

It may seem like an unusual business combination but Kraft Heinz Co (NASDAQ: KHC), most notably known for ketchup and macaroni and cheese, could be eyeing an acquisition of the beverage and snack maker, PepsiCo, Inc. (NYSE: PEP) — at least according to Bernstein's Ali Dibadj. In a research...

One of the greatest challenges faced by snack and food makers is the ongoing trend of consumers demanding healthier options. To combat this trend, Mondelez International Inc (NASDAQ: MDLZ), the maker of Oreo cookies, announced a brand new line of snacks called Vea. Vea will offer consumers...

Hostess Brands, Inc. (NASDAQ: TWNK) offers consumers a tasty treat and investors a compelling investment thesis with a 24 percent potential upside. Rob Dickerson of Deutsche Bank initiated coverage of the U.S. food sector on Wednesday and slapped Hostess Brands with a Buy rating and $84 price...

Analysts at Deutsche Bank initiated coverage on 13 U.S.-based food companies on Wednesday. Veteran packaged food analyst Rob Dickerson has been following the sector for years. He argued in a report Wednesday that contrary to belief, U.S. Food stocks are performing just fine under the "Trump rally"...

Rob Dickerson of Deutsche Bank initiated coverage of Kraft Heinz Co (NASDAQ: KHC) on Wednesday with a Buy rating and $103 price target. Dickerson acknowledged the already high valuation of Kraft Heinz's stock, but the analyst's expectations for a high-teens earnings per share growth throughout 2017...

If history repeats itself, Jorge Paulo Lemann is up to something big. Lemann is a Brazilian billionaire and co-founder of 3G Capital, a multi-billion-dollar investment firm that has teamed up with the American billionaire investor Warren Buffett in the past. As noted by Bloomberg, Lemann worked...

Tyson Foods, Inc. (NYSE: TSN), a leading food company that operates under many well known national brands including Tyson, Jimmy Dean, Hillshire Farm and others, could come under pressure. According to a Bloomberg report, 2016's beef industry was characterized by one of the fastest expansions of...

Mario Contreras of Deutsche Bank turned bullish on Kraft Heinz Co (NASDAQ: KHC)'s stock on Friday and upgraded the rating to Buy from Hold with a price target boosted to $103 from a previous $85. According to Contreras, Kraft Heinz represents an "attractive long-term story" given its industry-...

Pinnacle Foods Inc (NYSE: PF) is the top pick among food stocks among analysts at BMO Capital Markets. BMO Capital Markets' Kenneth Zaslow commented in a research note that there are several reasons to support his bullish stance. First, the company's synergy targets following its acquisition of...

Attention pancake aficionados: Denny's Corporation (NASDAQ: DENN) now has a new pancake recipe that includes fresh buttermilk and eggs. Denny's old pancakes were made out of a powered mix and water. The change not only results in a pancake that is 50 percent fluffier and tastier, but satisfies the...