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2 Beyond Meat Analysts Offer Insights On Q4 Print Which Was 'Largely As Expected'
Friday, February 24, 2023 - 12:49pm | 308Shares of Beyond Meat Inc (NASDAQ: BYND) spiked in Friday’s early session, after the company reported quarterly earnings. The El Segundo, California-based reported a quarterly loss of $1.05 per share, higher than the estimates of a loss of $1.15 per share. Here's how analysts reacted....
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Campbell Soup Reports Beat & Raise Quarter, Passes Inflation Costs Along To Shoppers
Wednesday, December 7, 2022 - 2:04pm | 434Campbell Soup Company (NYSE: CPB) shares traded higher by 4.8% on Wednesday after the company reported strong earnings growth in its fiscal first quarter and raised its full-year guidance. The Numbers: Campbell reported first-quarter adjusted EPS of $1.02 on revenue of $2.6 billion. Both numbers...
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On Heels Of Tyson Foods CFO Arrest, Analyst Turns Bearish Ahead Of Earnings
Wednesday, November 9, 2022 - 11:50am | 255Tyson Foods, Inc. (NYSE: TSN) is scheduled to report its fiscal first-quarter earnings next Monday and Needham has already slashed its price target. The report will come one week after the Springdale, Arkansas-based meat producer's CFO, John R. Tyson, was arrested on a charge of public...
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Peanut Butter Jelly Time For This Jam Maker As Analyst Goes Bullish Ahead Of Results
Wednesday, August 17, 2022 - 4:21pm | 325Shares of JM Smucker Co (NYSE: SJM) have lagged the packaged food peers year-to-date, and this gap is likely to close as the company executes on its fiscal 2023 outlook, according to BofA Securities. The JM Smucker Analyst: Peter Galbo upgraded the rating for JM Smucker from Neutral to Buy, while...
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Why These Beyond Meat Analysts Are Barbecuing Price Targets After $100M Q1 Loss: 'Lower Likelihood Of Disruption'
Thursday, May 12, 2022 - 2:34pm | 523Beyond Meat Inc (NASDAQ: BYND) shares traded higher Thursday before moving lower in the afternoon, and remain down 56.6% year-to-date after the company reported a larger-than-expected first-quarter net loss following the launch of its new plant-based jerky. On Wednesday, Beyond Meat reported a...
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Why These Analysts Cut Beyond Meat's Price Target
Friday, February 25, 2022 - 11:41am | 301Beyond Meat Inc (NASDAQ: BYND) reported a higher than the expected loss per share for the fourth quarter due to rising costs. Mizuho On Beyond Meat: John Baumgartner maintained a Neutral rating for the stock while lowering the price target from $59 to $45. The company’s “big EBITDA miss...
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BofA Downgrades Cal-Maine Foods On Medium-Term Risks
Wednesday, May 26, 2021 - 12:25pm | 226Cal-Maine Foods Inc’s (NASDAQ: CALM) stock may remain range-bound over the next 12 months, with negative estimate revisions due to higher feed costs for hens overpowering industry egg pricing, according to BofA Securities. The Cal-Maine Foods Analyst: Peter Galbo downgraded the rating for Cal...
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Could Pilgrim's Pride Be The Biggest Winner From McDonald's Chicken Sandwich Launch?
Thursday, February 25, 2021 - 1:18pm | 367Fast-food giant Mcdonald's Corp (NYSE: MCD) launched its new premium chicken sandwich and the biggest winner could be chicken supplier Pilgrim's Pride Corporation (NASDAQ: PPC), according to BofA Securities. The Pilgrim's Pride Analyst: Peter Galbo maintains a Buy rating on Pilgrim'...
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Monster Beverage Could Be Targeting $3.8B Hard Seltzer Market
Friday, July 17, 2020 - 11:44am | 522Monster Beverage Corp (NASDAQ: MNST) shares are up 18% in the last three months, and recent rumors have suggested that the company may be planning to launch hard seltzer products in 2021. Hard seltzer is an attractive opportunity for Monster, and the company has multiple potential paths to take...
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4 Reasons Why This Monster Beverage Analyst Raised Their Price Target
Thursday, June 4, 2020 - 1:46pm | 412Energy beverage maker Monster Beverage Corp (NASDAQ: MNST) hosted a virtual annual general meeting this week that signaled the company is "going full beast mode," according to BofA Securities. The Monster Beverage Analyst Peter Galbo maintained a Buy rating on Monster...
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Analysts Slice Beyond Meat Price Targets Ahead Of Share Lockup Expiration
Tuesday, October 29, 2019 - 12:28pm | 716Investors are losing their appetite for Beyond Meat Inc (NASDAQ: BYND) even after the company posted a profitable first quarter. Shares plunged more than 23% Monday and were falling nearly 20% as of midday Tuesday. The company's lockup period expired Tuesday, allowing early investors to...
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PulteGroup Price Isn't Right; BoA Downgrades
Wednesday, March 16, 2016 - 11:09am | 234Bank of America Merrill Lynch on Wednesday issued a note on PulteGroup Inc. (NYSE: PHM) after a recent rally in many homebuilder stocks has made current valuations unattractive. Bank of America downgraded PulteGroup from Neutral to Underperform and maintained their $18 price target. Analysts...