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Pepsi Fights Back Against Shrinkflation: Why Your Chip Bags Will Be Fuller In The Future
Wednesday, October 16, 2024 - 5:58pm | 476In a marked reversal, PepsiCo Inc. (NASDAQ:PEP) says it will be adding more chips to some bags in a move designed to lure consumers who have grown tired of "shrinkflation." The Details: According to a CNN report, the largest snack manufacturer in the U.S. will fight back against the trend of...
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Beyond Meat Lacks Sizzle: 3 Analysts Discuss Earnings Miss, 'Daunting' Recovery
Thursday, November 10, 2022 - 12:02pm | 475Beyond Meat Inc (NASDAQ: BYND) recently reported a wider-than-expected loss on disappointing revenues for the third quarter. However, the stock recovered on earnings, following a surge in short interest. Here are three analyst takes: Mizuho Securities's John Baumgartner reiterated a Neutral...
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3 Costco Analysts React To Q3 Earnings, Shrinking Margins, Potential Membership Fee Increase
Monday, May 30, 2022 - 11:05am | 424Costco Wholesale Corporation (NYSE: COST) shares closed higher by 1.24% on Friday after the retailer reported impressive sales growth but shrinking margins in a challenging macroeconomic climate. On Thursday, Costco reported fiscal third-quarter adjusted EPS of $3.04 on revenue of $52.60...
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Kroger Stock Jumps After Q3 Earnings: Analysts React To Booming Grocery Demand, Food Inflation
Friday, December 3, 2021 - 2:54pm | 492Shares of Kroger Co (NYSE: KR) pulled back on Friday after the grocery stock’s big post-earnings gains on Thursday. Kroger reported third-quarter adjusted EPS of 78 cents on revenue of $31.9 billion. Both numbers beat consensus analyst estimates of 66 cents and $31.23 billion, respectively....
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Credit Suisse Downgrades Beyond Meat, Sees 'Deeper Problems That Won't Be Quick To Fix'
Tuesday, October 26, 2021 - 1:36pm | 298Beyond Meat Inc (NASDAQ: BYND) reported third-quarter revenues below its guidance. The revenue miss “reinforces our view” that the company is reaching market saturation earlier than was previously anticipated and may miss its internal growth targets, according to Credit Suisse. The...
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Credit Suisse Upgrades General Mills, Says Stock Trades At Too Big A Valuation Gap
Friday, September 25, 2020 - 9:40am | 375The bullish case for General Mills, Inc. (NYSE: GIS) is based on a combination of the company's ability to maintain recent sales momentum and shares trading at a discount and , according to Credit Suisse. The General Mills Analyst: Robert Moskow upgraded General Mills from Neutral to...
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Should Investors Buy The Dip In Beyond Meat? 3 Analysts Weigh In
Wednesday, August 5, 2020 - 11:06am | 566Plant-based food maker Beyond Meat Inc (NASDAQ: BYND) reported second-quarter results as sales came in better than expected but showed a sequential slowdown in growth. Bernstein analyst Alexia Howard maintains a Market Perform rating on Beyond Meat's stock with a price target lifted from $...
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Tyson Foods Faces Slow Recovery In Poultry, Credit Suisse Says In Downgrade
Wednesday, August 5, 2020 - 10:53am | 356Tyson Foods, Inc. (NYSE: TSN) is likely to face a tough year ahead, with its two major divisions — chicken and prepared foods — remaining under pressure due to oversupply and weak demand, according to Credit Suisse. The Tyson Foods Analyst: Robert Moskow downgraded Tyson Foods...
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Credit Suisse Double Upgrades Kellogg, Expects Revenue And Margin Growth
Tuesday, January 7, 2020 - 10:58am | 342The bullish case for food maker Kellogg Company (NYSE: K) is based on expectations for 2020 to be a year of revenue growth and margin expansion, according to Credit Suisse. The Analyst Robert Moskow upgraded Kellogg from Neutral to Outperform with a price target lifted from $68 to $78. The Thesis...
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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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Beyond Meat Analyst Sees More Downside Ahead
Thursday, October 24, 2019 - 1:49pm | 685Shares of imitation meat maker Beyond Meat Inc (NASDAQ: BYND) were regaining some ground Thursday after falling more than 10% this week and even more over the month. Credit Suisse lowered its price target on the stock and said increased liquidity and competition are likely to keep the slide...
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A Bitter Taste: Kraft Heinz Struggles To Gain Support
Friday, August 9, 2019 - 2:25pm | 766Kraft Heinz Co (NASDAQ: KHC) caught some investors off guard Thursday by delaying its second-quarter results and acknowledging there is "significant work ahead." Shares of Kraft hit a new all-time low and the selling momentum carried over to Friday's session. Multiple analysts offered...
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Credit Suisse 'Unmooved' By Tyson's Challenge To Beyond Meat
Thursday, June 13, 2019 - 12:43pm | 381Shares of Beyond Meat Inc (NASDAQ: BYND) traded lower Thursday after Tyson Foods, Inc. (NYSE: TSN) announced a competing plant-based food product. The Analyst Credit Suisse's Robert Moskow maintained a Neutral rating on Beyond Meat with an unchanged $125 price target. The analyst...
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What's The Beef? Analysts Initiate Coverage On Beyond Meat
Tuesday, May 28, 2019 - 1:26pm | 553Beyond Meat Inc (NASDAQ: BYND) makes a plant-based food product meant to serve as a substitute for meat. The stock has more than tripled since its IPO debut in early May and on Tuesday, multiple Street analysts released their initial recommendations on the stock. JPMorgan: $5B Revenue Opportunity...
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Credit Suisse Waits For Beyond Meat To Reach Perfect Temperature
Tuesday, May 28, 2019 - 11:54am | 393Beyond Meat Inc (NASDAQ: BYND) will continue to be a leader in the plant-based fresh meat category and increase its share in the U.S. meat industry, according to Credit Suisse. Yet the newly public stock’s valuation already reflects “a best-case scenario” for the company’s...