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The Street's Reaction To Coca-Cola's Dip
Friday, February 15, 2019 - 10:25am | 639Read More...Shares of beverage giant and Dow Jones component The Coca-Cola Co (NYSE: KO) lost more than 8 percent Thursday in reaction to a weak earnings report and a cautious guidance for 2019. Here is a reaction of how some of the Street's top analysts reacted to the print. The Analysts Citi's Wendy...
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Citigroup Upgrades NantKwest, But Finds Six Reasons To Stay On Sidelines
Friday, August 10, 2018 - 3:08pm | 350Read More...Nantkwest Inc (NASDAQ: NK)'s enterprise value has fallen to about $120 million, limiting any potential downside, according to Citigroup. The Analyst Analyst Wendy Nicholson downgraded NantKwest from Sell to Neutral and maintained a $3 price target. The Thesis Apart from the fall in...
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Analyst Fights The Temptation To Sell Kimberly-Clark
Friday, July 7, 2017 - 10:03am | 330Read More...Citi analyst Wendy Nicholson sees a difficult road ahead for Kimberly Clark Corp (NYSE: KMB). While she was tempted to give the company a Sell rating, she ended up staying Neutral with a $134 price target. “It feels to us as if KMB is in a tough spot," Nicholson said in a note. "[T]...
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Valvoline Gets Analysts' Engines Revving, Citi Initiates At Buy
Tuesday, October 18, 2016 - 11:07am | 359Read More...Citi has begun coverage of Valvoline Inc (NYSE: VVV) with a Buy rating and target price of $27 citing strong brand recognition, revenue and margin upside from mix shift, international growth opportunities and potential for bolt-on acquisitions. Valvoline, which is 83 percent owned by Ashland Global...
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Citi Ups Estimates, PT On Constellation Brands After Q2 Results Get A Boost From Beer
Friday, October 7, 2016 - 11:04am | 275Read More...Citi raised its estimates and price target on Constellation Brands, Inc. (NYSE: STZ) after better-than-expected second-quarter earnings on strong demand for beer and wine/spirits. Constellation Brands reported second-quarter adjusted EPS of $1.77, which beat consensus estimates by 11 cents, driven...
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Citi Discusses Nielsen Data For Spirits Group
Tuesday, September 27, 2016 - 10:09am | 430Read More...There seems to be a consumer shift into American whiskey over the past five years, with growing consumer awareness around the category, Citi’s Wendy Nicholson said in a report. She added that this category continues to generate robust growth, and gain share of the total distilled spirits...
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Are Craft Beer Stocks A Buy?
Friday, June 17, 2016 - 11:45am | 355Read More...Unfortunately for investors, it may be much easier these days to find a good beer than to find a good beer stock. According to Citi analyst Wendy Nicholson, U.S. consumers are drinking more wine and spirits, which has put pressure on the beer business. Craft beer has been a strong growth segment in...
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Citi On Beverages: Weighted X-Bar Sales Not Looking Great
Tuesday, May 3, 2016 - 12:55pm | 355Read More...Citi reported that non-alcoholic beverage sales growth slumped in the most recent four-week period. Although Citi analyst Wendy Nicholson noted that the timing of the Easter holiday likely weighed on the April beverage numbers, the sales deceleration remains troubling for shareholders of The Coca-...
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Tasting Stale? Citi Sets Neutral Ratings on Boston Beer, Molson Coors
Friday, April 8, 2016 - 10:55am | 349Read More...Shares of Boston Beer Co Inc (NYSE: SAM) have lost 15 percent year-to-date, while Molson Coors Brewing Company (NYSE: TAP) shares are down 3 percent. Boston Beer Citi’s Wendy Nicholson upgraded the rating for the company from Sell to Neutral, while maintaining the price target of $156....
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Citi Initiates Boston Beer With A Sell, $186 Target
Tuesday, March 8, 2016 - 9:36am | 271Read More...Citi’s Wendy Nicholson initiated coverage of Boston Beer Co Inc (NYSE: SAM) with a Sell rating and price target of $186. Decelerating Growth “While craft beer continues to outpace the overall U.S. beer category, the increasing fragmentation of the category has led to slower growth...
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Citi: Buy Avon Despite Risk
Tuesday, November 24, 2015 - 10:07am | 300Read More...Shares of Avon Products, Inc (NYSE: AVP) have declined steadily in 2015 and are down 70 percent year-to-date. Citi’s Wendy Nicholson upgraded the rating on the company from Neutral to Buy, while raising the price target from $3.50 to $5.00. Avon’s core business is stabilizing...
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What Concerns Citigroup's Estée Lauder Analyst?
Monday, April 27, 2015 - 7:40am | 268Read More...In a report published last Thursday, Citigroup analyst Wendy Nicholson cautioned Estée Lauder Companies Inc (NYSE: EL) investors that the company's two main brands – Clinique and Estee Lauder may see continued slowing growth. Nicholson noted the company's overall sales growth has slowed through...
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Citi Upgrades Colgate-Palmolive, Cites Latin America Outlook
Monday, February 23, 2015 - 11:46am | 442Read More...Colgate-Palmolive Company's (NYSE: CL) long-term under-performance could turn around with a brightening of the world economy, an analyst said Monday. The consumer products company known for its toothpaste, gets 80 percent of its sales and profits from outside the U.S., and its shares have...
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Citi Is Lowering Estimates At Pepsi And Coca-Cola Enterprises Because Of This
Friday, January 30, 2015 - 12:28pm | 407Read More...In a report published Thursday, Citi analysts Wendy Nicholson, Peter J Chun and Alexandra Crouse lowered its estimates for two major U.S. beverages companies, Coca-Cola Enterprises Inc (NYSE: CCE) and Pepsico, Inc. (NYSE: PEP), because of foreign exchange. As the U.S. dollar continues to...
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UPDATE: Citigroup Upgrades Coty As Bad News Is Largely Priced Into Stock
Thursday, January 22, 2015 - 9:54am | 121Read More...In a report published Thursday, Citigroup analyst Wendy Nicholson upgraded the rating on Coty Inc (NYSE: COTY) from Neutral to Buy, and raised the price target from $19.00 to $22.00. In the report, Citigroup noted, “COTY's stock has fallen 9% YTD, giving back some of its late 2014 strength, as...
