JM Smucker Company

Jefferies & Company has raised the price target on JM Smucker (NYSE: SJM) from $68 to $82 and maintains its Hold rating.

JP Morgan has raised the price target on JM Smucker Company (NYSE: SJM) from $82 to $83 and maintains its Overweight rating.

Deutsche Bank has raised the price target on JM Smucker Company (NYSE: SJM) from $83 to $85 and maintains its Buy rating.

Alan Hilowitz, Starbucks' (NASDAQ: SBUX) Director of Corporate Communications, spoke to Benzinga today about the 17 percent price increase on packaged coffee that was announced yesterday. The announcement was made in a statement that read, “For the first time in nearly two years, Starbucks will...

JP Morgan has raised the price target on JM Smucker Company (NYSE: SJM) from $72 to $82 and maintains its Overweight rating.

The J.M. Smucker Company (NYSE: SJM) is having its Overweight rating reiterated by JP Morgan and is having its EPS estimates raised for FY2011E to $4.61 from $4.58 and FY2012E is raised to $5.03 from $5.01. JP Morgan has lowered its price target to $70 (from $74) to reflect lower industry...

The J.M. Smucker Company (NYSE: SJM) FY1Q11 EPS of $1.04, above the $0.99 estimate from Goldman Sachs and the consensus $0.96. Margin performance was the driver for higher operating profit and lower tax rates, according to Goldman. Goldman reports that management has raised its sales guidance from...