Stephen Powers

The U.S. Food and Drug Administration's policy shift on tobacco and nicotine regulation initially resulted in a 20-percent plunge in Altria Group Inc (NYSE: MO), the parent company of notable cigarette brands including Philip Morris. Needless to say, the FDA's crackdown on nicotine products is a...

Shares of PepsiCo, Inc. (NYSE: PEP) were trading lower by around 0.50 percent early Tuesday morning even though the company reported a top- and bottom-line beats in its earnings report. PepsiCo earned $1.50 per share in the second quarter on revenue of $15.71 billion while analysts were expecting...

What impact, if any, will Amazon.com, Inc. (NASDAQ: AMZN)'s $13.7 billion acquisition of the organic and natural grocer Whole Foods Market, Inc. (NASDAQ: WFM) have on the broader food industry? Whole Foods boasts just 456 stores and $15.7 billion in revenue (of which $2.6 billion is from its...

The Coca-Cola Co (NYSE: KO) shareholders have likely been disappointed by the company’s lackluster top-line growth so far this year. Coca-Cola even recently reduced its full-year growth guidance from +4-5 percent to +3 percent. However, UBS analyst Stephen Powers still sees major...

UBS analyst Stephen Powers stuck to his Sell rating on Avon Products, Inc. (NYSE: AVP), despite the cosmetics company delivering bottom line upside versus the Street for the second quarter. "Despite valid positives, quality of growth prevents full optimism," Powers wrote in a note. Powers is...

UBS said Procter & Gamble Co (NYSE: PG) shares have positive risk/reward as it upgraded the stock to Buy from Neutral. "PG remains under-owned by active managers, has persistently lagged key benchmarks, and trades at an attractive discount to peers—even as organic growth seems...

UBS's Stephen Powers restated his Buy position and $114.00 price objective on PepsiCo, Inc. (NASDAQ: PEP), despite activist investor and fund manager of Trian Management, Nelson Peltz, liquidating his 18 million share position in the company. Related Link: Peltz's Pepsi Exit Wasn't...

Wall Street analysts remain bullish on Constellation Brands, Inc.(NYSE: STZ) after its strong fourth-quarter results. Constellation Brands earned $1.19 per share in the fourth quarter on revenue of $1.543 billion. The company's beer operating income rose 29 percent, and it saw a 14 percent...

In a report published Tuesday, UBS analyst Stephen Powers upgraded the rating on The Coca-Cola Co (NYSE: KO) from Neutral to Buy, while raising the price target from $44 to $48. The analyst believes that although the stock has been range-bound since 2012, the share price is likely to rise beyond...

Recent reports from various outlets suggest that Coty Inc (NYSE: COTY) has won the auction to buy Procter & Gamble Co (NYSE: PG)'s beauty products unit for $12 billion. Following this news, shares of Coty opened higher Tuesday and continue to trade up with gains of over 19 percent at the time...