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Clorox Didn't 'Crash And Burn,' But Goldman Sachs Stays Neutral
Thursday, August 4, 2016 - 10:16am | 321Read More...Goldman Sachs maintains its Neutral rating on Clorox Co (NYSE: CLX, despite its fourth-quarter results missing estimates as higher costs offset volume gains. The results showed that the company's positive gross margin streak came to an end amid fading input costs benefit and increasing price...
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Pinnacle Foods Upgraded To Buy At Goldman As Next M&A Transpiring
Tuesday, July 12, 2016 - 10:49am | 320Read More...Goldman Sachs’ Jason English believes the current valuation of Pinnacle Foods Inc (NYSE: PF) offers a compelling entry point into the stock. English upgraded the rating on the company to Buy, while raising the price target from $48 to $57. Compelling Stock “We continue to favor small...
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Goldman Sachs Questions Mondelez's Intentions In Hershey Bid
Friday, July 1, 2016 - 9:34am | 279Read More...On Thursday, Mondelez International Inc (NASDAQ: MDLZ) made a takeover bid for Hershey Co (NYSE: HSY), pushing Hershey shares up 16.83 percent. Some experts suggested Mondelez could offer between a $120–$130/share range for Hershey after the company unanimously rejected Mondelez's' $107.00...
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The Best Part Of General Mills' Earnings Release Was The Guidance
Thursday, June 30, 2016 - 9:22am | 328Read More...General Mills, Inc. (NYSE: GIS) reported disappointing 4Q results, but better-than-expected FY17 and FY18 guidance. Credit Suisse’s Jason English maintained a Sell rating on the company, while raising the price target from $58 to $60. The analyst commented that the margin expansion goal...
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Goldman Sachs Sees Church & Dwight Speculation As Opportunity To Exit Shares
Thursday, May 19, 2016 - 5:20pm | 219Read More...Shares of Church & Dwight Co., Inc. (NYSE: CHD) are up roughly 3 percent since rumors began to swirl that the company has become a takeover target for either Rickett or Procter & Gamble Co (NYSE: PG). Goldman Sachs sees the boost in Church & Dwight's price as an "opportune...
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Colgate-Palmolive's Downside Risks Have Subsided, According To Goldman Sachs
Monday, May 2, 2016 - 10:33am | 272Read More...Colgate-Palmolive Company (NYSE: CL) shares have been on an upswing since January 2016. Goldman Sachs' Jason English upgraded the rating for the company from Sell to Neutral, while raising the price target from $62 to $75. Estimates have been raised to reflect the 1Q results and expectations...
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Energizer Shares Rally Following Goldman's Upgrade To Buy
Monday, April 4, 2016 - 10:55am | 301Read More...Energizer Holdings Inc (NYSE: ENR) saw its stock gain more than 3 percent on Monday after analysts at Goldman Sachs upgraded the battery maker to Buy from Neutral with a price target boosted to $49 from a previous $38. According to Goldman Sachs' Jason English, Energizer Holdings' stock...
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What Do Analysts Think Of General Mills?
Saturday, March 26, 2016 - 1:58pm | 438Read More...General Mills, Inc. (NYSE: GIS) reported better-than-expected Q3 earnings, while revenues came in line. Better performance on the margin front helped the company offset soft revenue growth. The consumer food company reported earnings of $0.65 per share, $0.03 above the Street's consensus....
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Goldman Adds Kraft Heinz To Conviction List, Upgrades Kellogg: Why?
Wednesday, March 16, 2016 - 9:35am | 371Read More...Goldman Sachs’ Jason English said that broader Staples sector is currently trading at a premium of more than 35 percent to the SPX, and there is downside risk at these valuation levels. Within Staples, Food shares are also expensive relative to history. While Food companies are still...
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Goldman Sachs Loves Everything About Mondelez...Except For Its Stock
Friday, July 31, 2015 - 10:44am | 382Read More...In a new report on Friday, Goldman Sachs analyst Jason English had plenty of good things to say about global food giant Mondelez International Inc (NASDAQ: MDLZ). So why did Goldman decide to downgrade the stock from Buy to Neutral? Here’s what English had to say. Cost-Cutting Despite...
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Analyst Sees New Menu On Wall Street For Packaged Foods Sector
Monday, April 20, 2015 - 1:13pm | 392Read More...Fickle food fads and the $70 billion merger of Kraft Foods Group Inc (NASDAQ: KRFT) with H.J. Heinz Co. could result in a new menu for Wall Street, an analyst said Monday. "A new model is emerging" for the packaged food industry, according to Goldman Sach's Jason English. The...
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Goldman Sachs Cuts Campbell, Kellogg; Upgrades Mead Johnson, Kimberly Clark
Tuesday, July 15, 2014 - 1:27pm | 219Read More...Two consumer giants saw its shares downgraded by Goldman Sachs, in the face of increasing competition from generic supermarket brands. Goldman's Jason English cut Campbell Soup (NYSE: CPB) and Kellogg (NYSE: K) from Neutral to Sell, reportedly suggesting the companies will miss second-...
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Hershey On Cusp of 'Negative Expectation Calibration,' Goldman Sachs Says
Wednesday, April 9, 2014 - 1:01pm | 120Read More...On Wednesday, Goldman Sachs downgraded shares of Hershey (NYSE: HSY) from Neutral to Sell and lowered the price target from $105 to $90. Analyst Jason English believes the company is “on the cusp of a negative expectation recalibration” after being on a multi-year beat-and-raise cycle “on the back...
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UPDATE: Goldman Sachs Downgrades Mead Johnson to Neutral on Price Reductions and Lower Visibility
Wednesday, July 3, 2013 - 12:00pm | 139Read More...In a report published on Wednesday, Goldman Sachs analyst Jason English Downgraded Mead Johnson (NYSE: MJN) from CL-Buy to Neutral and lowered the price target to $83 from $96. In the report, Goldman Sachs noted, "It is also unclear what the ultimate implications of the other ongoing regulatory...
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UPDATE: Goldman Sachs Lowers PT on Dole Food Company Following News About Shares/Ships/Strawberries
Wednesday, May 29, 2013 - 11:24am | 140Read More...In a report published Wednesday, Goldman Sachs analyst Jason English reiterated a Neutral rating on Dole Food Company (NYSE: DOLE), but lowered the price target from $11.00 to $10.50. In the report, Goldman Sachs noted, “DOLE announced today that its board of directors has suspended its $200mn...
