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Raymond James Tempers Bullish Stance On Core-Mark Holding
Friday, September 7, 2018 - 4:37pm | 401With the stock higher by more than 60 percent since the start of the quarter, expectations for outsized multiple expansion at Core-Mark Holding Company, Inc. (NASDAQ: CORE) are now "less pronounced," according to Raymond James. The Analyst Raymond James' Benjamin Brownlow...
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Out Of Energy: JPMorgan Downgrades Monster Beverage To Neutral
Wednesday, May 9, 2018 - 10:17am | 408Monster Beverage Corp (NASDAQ: MNST) reported first-quarter results Tuesday that were "underwhelming" and signal that the company will face headwinds in the near term, according to JPMorgan. The Analyst JPMorgan's Andrea Teixeira downgraded Monster Beverage's stock...
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4 January Consumer Stock Picks From William Blair
Wednesday, January 3, 2018 - 4:25pm | 697Looking for a consumer stock pick for January? Analysts at William Blair highlighted four in a Tuesday note. The Analysts William Blair's Sharon Zackfia, Jon Andersen, Dylan Carden, Ryan Domyancic, Daniel Hofki and Ryan Sundby. The Thesis William Blair's consumer near-term focus...
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Casey's General In-Store Performance Sinks Q2 Results
Tuesday, December 12, 2017 - 2:02pm | 338Casey's General Stores Inc (NASDAQ: CASY) reported second quarter earnings Monday, including EPS, EBITDA and revenue misses. The Analyst Jefferies' Christopher Mandeville maintains a Buy rating on Casey's stock with an unchanged $134 price target. The Thesis Casey's...
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The Little-Known Canadian Convenience Store Chain That Hopes To Dominate Asia
Wednesday, September 20, 2017 - 8:32am | 323Canada-based Alimentation Couche Tard Inc (TSE: ATD.B) evolved from just one small store in a Montreal suburb in 1980 to become one of the biggest convenience store operators in the world through a series of acquisitions, including Circle K in the United States. But now Couche Tard, a french...
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Don't Be Hasty To Dump Casey's, Deutsche Bank Says Long-Term Outlook Still Positive
Tuesday, June 6, 2017 - 12:16pm | 478Shares of Casey's General Stores Inc (NASDAQ: CASY) were trading lower by more than 7 percent Tuesday morning after the company's fiscal fourth-quarter earnings report disappointed the Street. Despite the miss, investors looking to cut their losses should consider what analysts at Deutsche Bank...
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Sunoco Boasts Best Deal Team In The Game; Citi Upgrades
Tuesday, April 25, 2017 - 8:16am | 447Borrowing a catchphrase from President Donald Trump, Faisel Khan of Citi upgraded shares of Sunoco LP (NYSE: SUN) from Sell to Neutral with a price target boosted from $22 to $29 due to the "art of the deal." Faisel referenced a deal Sunoco struck with the convenience store chain Seven-11 in which...
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Convenience Stores Mostly Struggled In Q3
Friday, December 9, 2016 - 12:08pm | 401Fred's, Inc. (NASDAQ: FRED) reported its third-quarter earnings report on Thursday and was among the final retailers and convenience store operators to do so throughout earnings season. Fred's, an operator of retail discount stores and full service pharmacies, said in its earnings report that it...
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7-Eleven App Problems Lead To More Free Slurpees
Monday, July 14, 2014 - 2:53pm | 823What could be better than a free, summertime Slurpee? 7-Eleven planned to answer that question with an entire week of freebies, including Big Gulps, M&M's candy, Twinkies and Twix ice cream bars. The lengthy celebration was scheduled to begin on Saturday, July 12 -- one day after the...