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National Beverage Maintains Its Fizz...For Now
Friday, December 7, 2018 - 10:52am | 415In its second-quarter earnings print, National Beverages Corp. (NASDAQ: FIZZ) demonstrated scanner data points in-line with expectations, with encouragement from management surrounding overall restored activity. The Analysts Guggenheim analyst Laurent Grandet upgraded National Beverage from Sell to...
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Analyst Shows Concerns With 'Impaired LaCroix Sales Growth' For National Beverage
Thursday, November 29, 2018 - 1:48pm | 398The case for turning incrementally bearish on National Beverage Corp. (NASDAQ: FIZZ) remains unchanged heading into the company's fiscal second-quarter earnings print next week, according to Guggenheim. The Analyst Guggenheim Partners' Laurent Grandet maintains a Sell rating on National...
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Guggenheim's Takeaways From The Capital And Cannabis Conference
Thursday, October 25, 2018 - 1:05pm | 559Guggenheim analysts attended the annual Institutional Capital And Cannabis Conference Monday in New York, a meeting of roughly 500 investors, potential investors, politicians and lobbyists discussing the marijuana space. The Analyst Analyst Laurent Grandet outlined key takeaways...
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Credit Suisse: A 'Unique Opportunity' Makes Molson Coors An Attractive Stock
Monday, February 12, 2018 - 3:17pm | 409Investors looking for a company that will see outsized benefits versus its peers from President Donald Trump's tax reform should consider Molson Coors Brewing Co (NYSE: TAP), according to Credit Suisse. The Analyst Credit Suisse's Laurent Grandet upgraded Molson Coors' stock from...
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Boston Beer Bumped To Neutral As Risk-Reward Begins To Balance
Tuesday, September 26, 2017 - 1:40pm | 369Analysts at Credit Suisse turned more positive on Boston Beer Company Inc (NYSE: SAM), the beer maker behind the Sam Adams brand. The firm's Laurent Grandet upgrades Boston Beer's stock rating from Underperform to Neutral with a price target boosted from $140 to $150 despite ongoing weaknesses....
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Credit Suisse Downgrades PepsiCo To Neutral Amid 'Increased Caution' For Entire Sector
Friday, September 8, 2017 - 10:22am | 369Analysts at Credit Suisse turned cautious on the entire U.S. beverage industry which prompted a downgrade of PepsiCo, Inc. (NYSE: PEP). The firm's Laurent Grandet downgraded PepsiCo's stock rating from Outperform to Neutral with a price target lowered from $126 to $124. PepsiCo's success over the...
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National Beverage: A Great Story, But It's Run Too Far
Friday, July 21, 2017 - 9:15am | 407After trading up nearly 20 percent over the last month, Credit Suisse analyst Laurent Grandet believes National Beverage Corp. (NASDAQ: FIZZ) has run out of most of its upside. Grandet downgraded the stock to Underperform and set an $82 price target. “We are downgrading National Beverage to...
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Monster Beverage Is 'Best In Class,' Remains A Top Pick At Credit Suisse
Wednesday, June 21, 2017 - 12:22pm | 363Monster Beverage Corporation (NASDAQ: MNST) continues to be a beast in the stock market, remaining Credit Suisse analyst Laurent Grandet’s top pick in the soft drink sector. Grandent reiterated an Outperform rating and nudged its price target up from $59 to $60. The analyst was impressed by...
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Brown-Forman 'Fully Valued,' And Craft Alcohols Continue To Threaten The Whiskey Space
Friday, June 9, 2017 - 8:59am | 412Brown-Forman Corporation (NYSE: BF-B) shares are lower following weak fourth-quarter results that came in below expectations. Credit Suisse believes the company is fully valued and is struggling to find upside in the current business model. Additionally, the risk-reward scenario appears balanced....
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2 Reasons Why Constellation Brands Likely Won't Be Buying Brown-Forman
Wednesday, May 24, 2017 - 10:29am | 488Constellation Brands, Inc. (NYSE: STZ) has difficulty walking the line, according to Credit Suisse. The company continues to stumble over decelerating growth in its Mexican beer line, ultimately insignificant acquisitions in the wine and spirit space, and general underperformance regarding its...
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National Beverage Valuation Has Bubbled Too High
Friday, April 21, 2017 - 12:21pm | 487Citing the near doubling of National Beverage Corp. (NASDAQ: FIZZ) shares since December without any good reason, Credit Suisse downgraded the shares of the company to Neutral from Outperform. The firm, however, raised its price target to $82 from $75, assuming a 24 times price-earnings multiple...
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Shares Of National Beverage Corp. Continue To Bubble Up, Plenty Of Runway Ahead
Friday, March 10, 2017 - 10:37am | 352National Beverage Corp. (NASDAQ: FIZZ) reported robust third-quarter results ahead of the estimates on both sales and profit. Credit Suisse’s Laurent Grandet maintains an Outperform rating on the company, while raising the price target from $75 to $60. Q3 Results National Beverage’s...
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Analyst: Monster Beverage Still No. 1, Sales Poised To Re-Accelerate
Thursday, March 2, 2017 - 11:50am | 267Credit Suisse reiterated its Outperform rating on Monster Beverage Corporation (NASDAQ: MNST), saying the company’s sales are set to re-accelerate in FY 2017. Monster Beverage reported strong fourth quarter organic sales growth of nearly 15 percent with EPS of $0.30 that was in line with...
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Credit Suisse: Be Cautious On Molson Coors Multiples Following EPS Change
Monday, January 23, 2017 - 10:44am | 271Molson Coors Brewing Co (NYSE: TAP)'s top-line growth opportunities appear limited by “the current brand portfolio and geographic footprint,” and there seems to be “little upside” to management’s announced synergy target, Credit Suisse’s Laurent Grandet said in a...
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Credit Suisse Sees Low Probability Dr. Pepper Will Make A Bid To Buy Bai Beverages
Wednesday, October 5, 2016 - 11:46am | 311Credit Suisse’s Laurent Grandet said there has been an unconfirmed Reuters report that one of the Allied Brands of Dr Pepper Snapple Group Inc. (NYSE: DPS), Bai, has hired a financial advisor to explore a potential sale. Grandet maintained an Outperform rating on Dr Pepper Snapple, with a...