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Smucker Downgraded At Credit Suisse On Worse-Than-Expected Pet Food Business
Tuesday, September 27, 2016 - 8:23am | 368Credit Suisse's Robert Moskow prefers to move to the sidelines on J M Smucker Co (NYSE: SJM), given that the company’s “key commodity inputs have bottomed and no longer provide material opportunities for margin benefits.” Moskow downgraded the rating on the company from...
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Mondelez Still Has A Taste For Chocolate
Thursday, September 8, 2016 - 1:48pm | 464Mondelez International Inc (NASDAQ: MDLZ) is hoping that hundreds of millions of consumers across the world have a sweet tooth for chocolate. In a research report Thursday, Robert Moskow of Credit Suisse noted Mondelez announced during a presentation to investors it plans on expanding its presence...
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Kellogg's Cost Savings Efforts Working, But Special K Struggles Remain
Tuesday, August 30, 2016 - 9:37am | 354Although Kellogg Company (NYSE: K) seems to have “excellent visibility” into cost savings and should be able to achieve its new operating margin target, there are “leaks in the boat,” Credit Suisse’s Robert Moskow said in a report. He maintained an Outperform rating...
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Hershey's Board Has A Duty To Argue The Case For Why It Can Do Better Flying Solo
Tuesday, August 30, 2016 - 9:16am | 335Credit Suisse’s Robert Moskow believes the announcement by Mondelez International Inc (NASDAQ: MDLZ) that it has ended discussions with Hershey Co (NYSE: HSY) regarding a potential combination is likely to lead to a negative reaction to the latter’s stock. Moskow maintains a Neutral...
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Credit Suisse Upgrades Hormel Foods To Outperform
Monday, August 22, 2016 - 10:56am | 509Credit Suisse has upgraded Hormel Foods Corp (NYSE: HRL) to Outperform from Neutral on favorable industry conditions and volume growth. "In an environment where packaged food peers are rationalizing their portfolios and turning almost exclusively to cost-cutting to adjust to slowing consumer demand...
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Credit Suisse Initiates AdvancePierre Food At Outperform, Positive On Expansion Outlook
Tuesday, August 9, 2016 - 10:35am | 269Credit Suisse’s Robert Moskow believes AdvancePierre Foods Holdings Inc (NYSE: APFH) is a “competitively advantaged company in an attractive category with several avenues for expansion.” Moskow initiated coverage of the company with an Outperform rating and $29 price target...
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Credit Suisse Thinks Kellogg Will Follow General Mills' Lead Into A Strategic Shift
Thursday, July 21, 2016 - 10:24am | 513Credit Suisse’s Robert Moskow highlighted Kellogg Company (NYSE: K) "rising probability" of rising margins and a changing M&A environment, while raising the company’s price target from $86.00 to $94.00. Moskow believes Kellogg management will “follow the lead of its closest...
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Credit Suisse Spreads Some Love To Smuckers After Strong Start To The Year
Wednesday, June 15, 2016 - 11:17am | 304Nielsen’s retail sales data suggest J M Smucker Co (NYSE: SJM) has made a good start to the fiscal year. Credit Suisse’s Robert Moskow maintains an Outperform rating on the company, while raising the price target from $156 to $158. Moskow mentioned that recent conversations with...
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Credit Suisse Sees Two Ways To Win In Mead Johnson: Takeout Or Accelerated Margin Expansion
Wednesday, March 16, 2016 - 9:40am | 317Credit Suisse’s Robert Moskow upgraded the rating on Mead Johnson Nutrition CO (NYSE: MJN) from Neutral to Outperform while raising the price target from $76 to $100. Potential Takeout Bid According to the Credit Suisse report, “A recent Bloomberg News article citing financial...
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Credit Suisse Downgrades Freshpet Following Q3 Results, Q4 Outlook
Thursday, November 12, 2015 - 9:05am | 316Freshpet Inc (NASDAQ: FRPT) shares have plummeted 43 percent in the last three months, from $14.60 on August 11. Credit Suisse’s Robert Moskow downgraded the rating on the company from Outperform to Neutral, while reducing the price target from $19 to $9. The company’s 3Q GM...
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Credit Suisse Slashes Dean Foods To Underperform
Tuesday, November 10, 2015 - 8:58am | 264Shares of Dean Foods Co (NYSE: DF) have appreciated 18.24 percent over the past six months, reaching a high of $19.25 on Monday. Robert Moskow of Credit Suisse has downgraded the rating on the company from Neutral to Underperform, while lowering the price target from $19 to $18. Given the...
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Amplify Snack Upgraded To Outperform At Credit Suisse: Here's Why
Monday, November 9, 2015 - 10:35am | 326Shares of Amplify Snack Brands Inc (NYSE: BETR) have increased almost 7 percent over the past month, reaching a high of $12.75 on November 4. Robert Moskow of Credit Suisse has upgraded the rating on the company from Neutral to Outperform, while raising the price target from $13 to $16....
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Credit Suisse Upgrades Kellogg Following Q3 Results
Wednesday, November 4, 2015 - 9:06am | 390Shares of Kellogg Company (NYSE: K) have appreciated 6.57 percent in the last six months, reaching a high of $72.01 on October 22. Robert Moskow of Credit Suisse has upgraded the rating on the company from Underperform to Neutral, while raising the price target from $66 to $72. Moskow...
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Mead Johnson Nutrition Downgraded At Credit Suisse On 'Long Road' To Recovery
Friday, October 23, 2015 - 11:28am | 320Mead Johnson Nutrition CO (NYSE: MJN) shares have declined 20.95 percent year-to-date, hitting a low of $69.64 on September 29. Credit Suisse’s Robert Moskow has downgraded the rating on the company from Outperform to Neutral, with a price target of $86. Moskow believes that the...
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The Stock Benefiting From Brazil's Currency Devaluation
Tuesday, September 29, 2015 - 9:07am | 346Bunge Ltd (NYSE: BG) shares have plunged 25 percent year-to-date, and are trading close to the lower-end of their 52-week range of $67.06 - $93.17. Credit Suisse’s Robert Moskow upgraded the rating for the company from Neutral to Outperform, while reducing the price target from $88 to...