Morgan Stanley Sees Key Issues Ahead Of F4Q And F2015 Outlook For The J.M. Smucker Company

In a report published Tuesday, Morgan Stanley analyst Matthew Grainger reiterated an Equal-Weight rating and $101.00 price target on

. In the report, Morgan Stanley noted, “Coming off a disappointing F14, we see potential for SJM to gradually re-rate vs. peers in F15. Critical to this, however, will be carefully balancing coffee costs / share dynamics and reversing the recent trend of negative guidance revisions. We are EW, and now forecast in-line F15 EPS of $5.96.” The J.M. Smucker Company closed on Monday at $102.47.