Gerald Pascarelli

Constellation Brands Inc (NYSE:STZ) reported upbeat fourth-quarter sales on Wednesday. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Roth Capital Partners On Constellation Brands Analyst Nick Anderson maintained a Buy rating and price target...

Following sluggishness during the summer months, trends in the U.S. beer market are showing signs of improvement, according to Needham. There is a great deal of uncertainty around potential tariffs, which will likely create a near-term overhang, beer is "better positioned than distilled spirits" in...

Wedbush Securities released a report on Curaleaf Holdings, Inc. (OTC: CURLF), the largest U.S. cannabis company by market cap, raising the stock's 12-month price target to $7.00 from $6.00 and maintaining a buy recommendation (Outperform rating). Key Financials And Rating Curaleaf's market...

Beverage and food giant PepsiCo Inc (NASDAQ:PEP) is set to report first-quarter financial results before the market open Tuesday. Here are the key earnings estimates and what analysts are saying ahead of the report. Earnings Estimates: Analysts expect Pepsi to report first-quarter revenue of $18.08...

One of the most discussed concepts in the cannabis industry is diversification—a strategy discussed in depth during a panel on the first day of the Benzinga Cannabis Capital Conference in Florida.  Moderated by Amy Rubenstein, partner at Dentons, the panel gathered industry experts to dissect...

In a recent analysis, Wedbush Securities reaffirmed its confidence in MGP Ingredients Inc. (NASDAQ:MGPI), a leading supplier of premium distilled spirits and specialty wheat proteins and starches. Equity research analyst and upcoming Benzinga Cannabis Capital Conference ...

PepsiCo (NASDAQ: PEP) is among the food and beverage stocks that could see declining sales and momentum lost from investors due to new weight loss drugs. Here’s a look at where the soft drink and snack giant stands ahead of its third-quarter (Q3) financial results. Earnings Estimates: Pepsi...

A group of bipartisan lawmakers introduced a marijuana cannabis banking bill in Congress on Wednesday. Previous attempts by lawmakers to enact to SAFE Banking Act failed, even though the bill passed through the House seven times, it never made it to the floor for a Senate vote. Under...

This week's Institute of Cannabis Research Conference at the Grande Lakes Hotel & Resort in Orlando, Florida was attended by cannabis executives and analysts. One of the hot topics was the Secure and Fair Enforcement (SAFE) Banking Act, which was excluded from a...

Companies in the cannabis sector do not have a lot of coverage from Wall Street analysts for a variety of different reasons. Yet Gerald Pascarelli of Wedbush Securities has picked up coverage on the sector, and he joined PreMarket Prep Plus on Wednesday to give his outlook on regulatory reform...

PepsiCo, Inc. (NASDAQ: PEP) reported third-quarter results Wednesday that were ahead of expectations and raised its outlook for the full year. The company’s sales grew 8.8% year-over-year to $21.97 billion, topping the consensus estimate of $20.81 billion, while core earnings grew...

CBD could represent a $16-billion opportunity in the U.S. by 2025, Cowen analyst Gerald Pascarelli said Thursday at the Cannabis World Congress & Business Expo in New York City.  What Happened Cowen is bullish on the market due to the exponential growth in consumer interest, the...