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Morgan Stanley Upgrades Dean Foods, Cites 'More Balanced' 2018
Wednesday, January 17, 2018 - 4:48pm | 312Read More...Shares of Dean Foods Co (NYSE: DF) have lost more than 40 percent over the past year, but one analyst sees a "more balanced" setup for 2018. The Analyst Morgan Stanley's Matthew Grainger upgraded Dean Foods' stock from Underweight to Equal-Weight with an unchanged $11 price...
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Cocoa Costs Can't Sweeten Hershey: Morgan Stanley Downgrades To Sell
Wednesday, January 10, 2018 - 11:09am | 373Read More...With healthy snacks still trending, Hershey Co (NYSE: HSY)’s looking bitter. The firm caught its only Sell rating Wednesday and saw a related pullback in value. The Rating Morgan Stanley analyst Matthew Grainger downgraded Hershey to from Equal-Weight to Underweight with a $105 price target...
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Hostess Brands Bull Case Baked In Already At Current Price
Monday, September 25, 2017 - 12:11pm | 396Read More...Analysts at Morgan Stanley have an appetite for Hostess Brands, Inc. (NASDAQ: TWNK)'s growth story but not so much for the stock. The firm's Matthew Grainger initiated coverage of Hostess Brands' stock with an Equal-Weight rating and $14 price target. Hostess Brands, the maker of the popular snack...
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A Look At British American Tobacco's Offer To Buy Reynolds American
Friday, October 21, 2016 - 11:59am | 347Read More...Morgan Stanley said British American Tobacco PLC (ADR) (NYSE: BTI)’s offer to buy Reynolds American, Inc. (NYSE: RAI) for $56.50 is constructive for long-term consolidation in the tobacco industry. “Our initial math on BAT's $56.50/share offer for RAI –16.3x LTM EV/EBITDA, 20...
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Morgan Stanley's Outlook On Reynolds Unchanged After Q3 Miss
Thursday, October 20, 2016 - 10:40am | 246Read More...Reynolds American, Inc. (NYSE: RAI) reported its EPS for Q3 below the consensus forecast, reflecting modestly lower pricing and volumes, along with several temporary unfavorable cost dynamics. Morgan Stanley’s Matthew Grainger maintained an Equal-weight rating on the company, with a price...
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Morgan Stanley Offers 33 Questions For Philip Morris Mgmt At Investor Day
Tuesday, September 27, 2016 - 9:56am | 1139Read More...Morgan Stanley provided 33 questions for Philip Morris International Inc. (NYSE: PM) when it hosts its 2016 Investor Day on September 29 and 30. Below are the questions: "What are the key risks are to this year's outlook of 10-12 percent constant-currency EPS growth?" "Given your ability to...
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WhiteWave Foods Downgraded At Morgan Stanley As Danone Deal Approaches
Wednesday, August 10, 2016 - 9:11am | 299Read More...With the acquisition of WhiteWave Foods Co (NYSE: WWAV) by Danone SA (ADR) (OTC: DANOY) fast approaching its completion date, Morgan Stanley’s Matthew Grainger believes a higher offer is unlikely to materialize. Grainger downgrading the rating on WhiteWave Foods from Overweight to Equal-...
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AdvancePierre Foods: The Leader In Value-Added Sandwiches
Tuesday, August 9, 2016 - 11:15am | 309Read More...Morgan Stanley started coverage of AdvancePierre Foods Holdings Inc (NYSE: APFH) with an Overweight rating and $28 price target, saying the company's leadership position in value-added sandwiches should support 3 percent mid-term volume growth. AdvancePierre holds a dominant leadership...
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Morgan Stanley Raises General Mills' Price Target On Margin Improvements
Thursday, July 14, 2016 - 9:51am | 304Read More...Although there appears to be a long road ahead for General Mills, Inc. (NYSE: GIS) to achieve margins of 20 percent, Morgan Stanley’s Matthew Grainger pointed out that there is greater visibility into the path to the company’s margin targets. Grainger maintains a Neutral rating on the...
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Morgan Stanley Believes General Mills Cost Management Will Drive EPS Growth Going Forward
Thursday, June 30, 2016 - 9:08am | 252Read More...General Mills, Inc. (NYSE: GIS) guided to solid margin expansion through FY18. Morgan Stanley’s Matthew Grainger said in a report, however, that while the guidance was encouraging, the concern was around the company relying on reduced reinvestment to boost margins, while it continued to...
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Swells On The Horizon For WhiteWave Foods: Morgan Stanley Ups PT On Margin Expansions
Wednesday, May 11, 2016 - 1:17pm | 437Read More...Morgan Stanley analysts Matthew Grainger, John Colantuoni and Pamela Kaufman believe the ahead-of-expectations margin expansion of WhiteWave Foods Co (NYSE: WWAV) in the first quarter lends support to the thesis that the company can achieve higher full-year results than previously forecast. These...
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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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Dean Foods Falling After Morgan Stanley Downgrade, Margin Peak Alert
Tuesday, December 8, 2015 - 11:24am | 313Read More...Dean Foods Co (NYSE: DF) shares are down 9 percent year-to-date, but are still trading closer to the high end of their 52-week range of $14.56 - $19.74. Morgan Stanley’s Matthew Grainger downgraded the rating on the company to Underweight, while reducing the price target from $19 to $...
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Keurig Green Mountain May Face Pressure In 2016, But Morgan Stanley Says Don't Freak Out
Thursday, November 19, 2015 - 12:32pm | 345Read More...Keurig Green Mountain Inc (NASDAQ: GMCR) shares have decline 61.25 percent year-to-date, hitting a low of $40.50 on November 18. Morgan Stanley’s Matthew Grainger has maintained an Equal-weight rating on the company, with a price target of $55. Although the risk-reward profile...
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Campbell Soup: A Return To Growth In 2016
Friday, September 4, 2015 - 8:50am | 398Read More...Campbell Soup Company (NYSE: CPB) shares are up 9 percent year-to-date, despite having declined 3 percent over the past month. Morgan Stanley’s Matthew Grainger maintained an Underweight rating for the company, while raising the price target from $45 to $47. After the company...
