Kevin Grundy

Beverage company Constellation Brands, Inc. (NYSE: STZ) reported first-quarter results Friday that came in better than expected on the top-and-bottom line and prompted multiple Street analysts to reaffirm bullish stances.  The Analysts BMO Capital Markets' Amit Sharma maintained...

LaCroix parent company National Beverage Corp. (NASDAQ: FIZZ) on Wednesday reported fiscal fourth-quarter results, which prompted Jefferies to remain bearish on the stock. The Analyst Jefferies' Kevin Grundy maintains an Underperform rating on National Beverage with a price target lowered from...

Shares of alcohol beverage maker Constellation Brands, Inc. (NYSE: STZ) have lost 7 percent year-to-date and the steep discount versus its peers makes it Jefferies' top large-cap growth idea. The Analyst Kevin Grundy maintains a Buy rating on Constellation Brands with an unchanged $283...

Procter & Gamble Co (NYSE: PG) shares suffered a steep stumble through the first four months of the year, but the second quarter saw some long-awaited relief. Unfortunately, the recovery isn’t expected to last much longer. The Rating Jefferies analyst Kevin Grundy downgraded Procter and...

Monster Beverage Corporation (NASDAQ: MNST) is poised to benefit from higher market penetration rates, according to a Monday note from Jefferies. The Analyst Jefferies analyst Kevin Grundy maintained his Buy rating on Monster Beverage and increased his price target for the shares from $64 to...

Activist investor Nelson Peltz's campaign against Procter & Gamble Co (NYSE: PG) will soon be decided by shareholders. Peltz made the case as to why he deserves a seat at P&G's board and the company responded with an opinion that the billionaire investor has nothing new or unique to bring...

Analysts at Jefferies parted ways with their bullish stance on PepsiCo, Inc. (NYSE: PEP) ahead of the company's fiscal third-quarter earnings report Wednesday. The firm's Kevin Grundy downgrades PepsiCo's stock rating from Buy to Hold with a price target slashed from $133 to $108. The overall non-...

Newell Brands Inc (NYSE: NWL) revised its earnings outlook last week due to cost inflation and higher investment spending. The announcement prompted Jefferies' Kevin Grundy to downgrade Newell Brands' stock rating from Buy to Hold with a price target lowered from $63 to $49 and also removed from "...

Jefferies reiterated Monster Beverage Corporation (NASDAQ: MNST) as a top pick Thursday. According to the research report, Kevin Grundy, a Jefferies Equity analyst, sees “improving US results, sustainably strong international growth, the ability to offset unfavorable geographic mix, and M...

Colgate-Palmolive Company (NYSE: CL) CEO Ian Cook recently made headlines by saying he would accept a hypothetical buyout offer for the company of $100 per share. While there are no confirmed reports of buyout discussions ongoing, the quote now has traders speculating about which companies could be...

On Thursday, Church & Dwight Co., Inc. (NYSE: CHD) reported Q2 EPS of $0.85 vs. $0.79 estimates and revenues of $877.4 million vs. estimates of $868.6 million. Jeffries' Take Jeffries' Kevin Grundy applauded Church & Dwight's "strong" earnings report and raised the company's price target...

Jefferies expects PepsiCo, Inc. (NYSE: PEP) to report in-line results for the second quarter, but sees "ample scope" for the beverage giant to raise its FY16 core earnings guidance due to productivity savings. PepsiCo is expected to release its second quarter numbers on July 7. Jefferies expects...

Post-Brexit, Newell Brands Inc (NYSE: NWL) and Spectrum Brands Holdings, Inc. (NYSE: SPB) looked oversold when Jefferies reviewed stock performance of HPC/beverages relative to Consumer Staples Select Sect. SPDR (ETF) (NYSE: XLP)/S&P 500 versus U.K. exposure. "We'd acknowledge NWL/SPB's more...

Procter & Gamble Co (NYSE: PG) appears poised for top-line growth. Jefferies’ Kevin Grundy initiated coverage of the company with a Buy rating and a price target of $95. The analyst expects the company to generate organic sales growth of 3.5 percent by FY18, which is in-line with the...