BMO Capital Markets

Consumer-branded food and meat products company Hormel Foods Corp (NYSE: HRL) reported fourth-quarter results Tuesday that were highlighted by an earnings beat, but BMO Capital Markets is sticking to the sidelines. Hormel's Q4  Hormel Foods reported a 1-cent-per-share EPS...

Skyworks Solutions Inc (NASDAQ: SWKS) reported better-than-expected fiscal fourth-quarter earnings and revenues, but the stock is slipping in reaction to the year-over-year declines in both metrics. The Analysts Bank of America analyst Vivek Arya reiterated an Underperform rating and $92 price...

BellRing Brands Inc (NYSE: BRBR) is a nutrition products company known for its ready-to-drink protein shakes and was born out of the separation of Post Holdings Inc (NYSE: POST). On Monday, multiple analysts initiated coverage of BellRing's stock with a mostly positive bias. The Analysts Credit...

Check Point Software Technologies Ltd. (NASDAQ: CHKP) reported its third-quarter results and announced fourth-quarter guidance broadly in-line with expectations. The company “did little” to address investor concerns around its longer-term growth potential, according to BMO Capital...

Hershey Co (NYSE: HSY) reported mixed third-quarter results and lifted part of its full-year outlook. The Analysts BMO Capital Markets analyst Kenneth Zaslow maintained a Market Perform rating on Hershey stock with a price target lifted from $133 to $138. Bank of America Merrill...

While Infosys Ltd ADR (NYSE: INFY) reported revenue growth for the second quarter, its margins continued to contract, according to BMO Capital Markets. The Analyst BMO’s Keith Bachman maintained a Market Perform rating on Infosys, reducing the price target from $12.50 to $12.00. The Thesis...

Keurig Dr Pepper Inc (NYSE: KDP) is poised to generate sector leading mid-teens EPS growth through 2021, backed by merger synergies, according to BMO Capital Markets. The Analyst BMO’s Amit Sharma maintained an Outperform rating on Keurig Dr Pepper with a price target of $34. The Thesis...

United States Steel Corporation (NYSE: X) shares are down more than 8% on Wednesday after the company announced Tuesday a $700 million investment in a 49.9% ownership stake of Big River Steel. U.S. Steel said Big River Steel has commenced a construction project that will raise Big River’s...

Biotechnology company Applied Genetic Technologies Corp (NASDAQ: AGTC) presented interim six-month data Thursday for the Phase 1/2 XLRP program in X-linked retinitis pigmentosa, turning BMO Capital Markets bullish on the stock.  The Analyst Matthew Luchini upgraded Applied Genetics...

Memory and storage solutions company Micron Technology, Inc. (NASDAQ: MU) reported Thursday with fourth-quarter results and a disappointing outlook. Micron shares immediately traded lower following the print, and the Street debated if investors should be buyers of the dip. The Good, Bad In Q4...

Technology infrastructure and data center hosting company Switch Inc (NYSE: SWCH) emerged from a "challenging" 2018 but is in a position to sustain EBITDA growth moving forward, according to BMO. The Analyst BMO Capital Markets analyst Ari Klein maintains an Outperform rating on Switch...

FedEx Corporation (NYSE: FDX) reported concerning fiscal first-quarter results, which prompted management to revise its 2020 outlook lower. FedEx earned $3.05 per share in the quarter on revenue of $17.048 billion versus expectations of $3.17 per share and $17.07 billion due to what management said...

Shares of Adobe Inc (NASDAQ: ADBE) continued to fall on Wednesday after missing expectations on subscription bookings and lowering guidance for its Digital Experience business. Several sell-side analysts kept Buy recommendations on the stock, saying those negatives masked continued Accounting Rate...

Shares of Altagas Ltd (TSE: ALA) remain below its 2018 highs but is now trading at a valuation which more than accounts for any ongoing concerns, according to BMO. The Analyst BMO analyst Ben Pham upgraded AltaGas' stock rating from Market Perform to Outperform with a price target lifted from $...