-
Constellation Brands Is On Trend, But Earnings Expectations Keep Credit Suisse At Neutral
Friday, September 16, 2016 - 11:27am | 334Credit Suisse sees higher risk to Constellation Brands, Inc. (NYSE: STZ)'s earnings potentials until fiscal year 2018. Analysts Laurent Grandet and Clay Crumbliss also see pricing power as being pressured to retain volume growth. As a result, the analysts project EPS 2–3 percent below Street...
-
Coca-Cola Could Remain Range-Bound For 2017; Credit Suisse Initiates At Neutral
Friday, September 16, 2016 - 11:20am | 374Credit Suisse’s Laurent Grandet expects The Coca-Cola Co (NYSE: KO) shares to remain range-bound over the next 12 months as the company implements operational and organizational changes already underway. Grandet initiated coverage of the company with a Neutral rating and price target of $44....
-
Put A Pep In Your Step With Pepsi: Credit Suisse Initiates At Outperform
Friday, September 16, 2016 - 9:09am | 358Credit Suisse believes that the market has failed to give any credit to PepsiCo, Inc. (NYSE: PEP) for the financial and marketing strength on Frito-Lay franchise. Aside from this, the company did well to rebalance its beverage portfolio in the United States to accelerate noncarbonated beverages....
-
Beer In The Harbor? Boston Beer Initiated At Underperform On No Anticipated Inflection
Friday, September 16, 2016 - 8:45am | 312Boston Beer Co Inc (NYSE: SAM) has been witnessing sales declines, and there’s “no inflection in sight” to reverse this trend, Credit Suisse’s Laurent Grandet said in a report. He initiated coverage of the company with an Underperform rating and a price target of $156....
-
National Beverage Shares 'All Fizzed Up,' Credit Suisse Initiates At Neutral
Friday, September 16, 2016 - 8:40am | 399Credit Suisse’s Laurent Grandet believes that while National Beverage Corp. (NASDAQ: FIZZ) has meaningful optionality going forward to drive incremental growth, margin expansion and shareholder value, the current stock valuation already reflects these opportunities. Grandet initiated coverage...
-
Credit Suisse Calls Monster Beverage An 'Unleashed Beast With Plenty Of Room To Run'
Friday, September 16, 2016 - 8:15am | 373Monster Beverage Corporation (NASDAQ: MNST) has “exceptionally strong” fundamentals, according to Credit Suisse's Laurent Grandet, given the popularity of energy drinks, particularly among millennials. Grandet initiated coverage of the company with an Outperform rating and price target...
-
Credit Suisse Initiates Dr Pepper Snapple At Outperform
Friday, September 16, 2016 - 7:31am | 313Shares of Dr Pepper Snapple Group Inc. (NYSE: DPS) do not adequately reflect “the role of Allied Brands as the primary driver of growth and margins going forward,” Credit Suisse’s Laurent Grandet said in a report. He initiated coverage of the company with an Outperform rating...