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These Analysts Aren't Supporting Beyond Meat's Stock Surge
Wednesday, May 6, 2020 - 1:15pm | 653Read More...Plant-based food maker Beyond Meat Inc (NASDAQ: BYND) reported first-quarter results, highlighted by an earnings beat and a swing to profit. While investors appear to be impressed with the print, multiple Street analysts remain bearish. The Beyond Meat Analysts Wells Fargo analyst John Baumgartner...
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Beyond Meat's Share Price Fails To Reflect Risk, Analyst Says In Downgrade
Monday, April 27, 2020 - 11:28am | 375Read More...Shares of plant-based food maker Beyond Meat Inc (NASDAQ: BYND) have rebounded more than 140% from March lows despite notable risks ahead, according to UBS. The Beyond Meat Analyst Steven Strycula downgraded Beyond Meat's stock from Neutral to Sell with a price target lowered from $...
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A Bitter Taste: Kraft Heinz Struggles To Gain Support
Friday, August 9, 2019 - 1:25pm | 766Read More...Kraft Heinz Co (NASDAQ: KHC) caught some investors off guard Thursday by delaying its second-quarter results and acknowledging there is "significant work ahead." Shares of Kraft hit a new all-time low and the selling momentum carried over to Friday's session. Multiple analysts offered...
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What To Expect From Campbell Soup's Investor Day
Wednesday, June 12, 2019 - 2:39pm | 441Read More...Campbell Soup Company (NYSE: CPB) is scheduled to host an investor day presentation on Thursday. The Analysts Wells Fargo's John Baumgartner maintains a Market Perform rating on Campbell Soup with an unchanged $41 price target. UBS' Steven Strycula maintains at Sell, $36 price target. Wells...
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UBS Lifts Mondelez International Price Target Ahead Of Q1 Print
Monday, April 15, 2019 - 9:01am | 378Read More...Mondelez International Inc (NASDAQ: MDLZ) is well-positioned for healthy earnings in the first quarter, and its 2019 EBIT guidance appears conservative, leaving room for positive earnings revisions, according to UBS. The Analyst Steven Strycula maintained a Buy rating on Mondelez...
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UBS: Buy The Weakness In Conagra Brands
Monday, October 8, 2018 - 9:03am | 318Read More...Conagra Brands Inc (NYSE: CAG), the parent company of food brands like Hebrew National hot dogs and Pam cooking spray, have lost around 10 percent in the past two weeks, and investors should consider buying the dip, according to UBS. The Analyst UBS' Steven Strycula upgraded Conagra...
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Mondelez Proves It's Still A Worthy Investment
Tuesday, October 31, 2017 - 10:19am | 602Read More...Following the release of third quarter results by Mondelez International Inc (NASDAQ: MDLZ), sell-side opined that the shares of the company are still a worthy investment. UBS maintains its Buy rating on the shares of the company and its $49 price target for the shares. Meanwhile, BMO...
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With CEO Retiring, Hostess Brands' Turnaround Won't Be A Cakewalk
Friday, October 13, 2017 - 7:55am | 454Read More...The retirement of Hostess Brands, Inc. (NASDAQ: TWNK) CEO Bob Toler isn’t bittersweet. It’s just bitter, according to UBS. “We view Toler as the driving force behind Hostess' turnaround success and view his departure (plus recent COO departure) as concerns,” analyst...
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5 Ways M&A Could Be The Best Play For Pinnacle Foods
Monday, August 28, 2017 - 1:10pm | 327Read More...Earlier in the year, Conagra Brands Inc (NYSE: CAG) approached Pinnacle Foods Inc (NYSE: PF) to express interest in a potential takeover deal. Speculation continues surrounding this possible merger, one that could ultimately create cost saving synergies beneficial to both parties. An analyst note...
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Hostess' Sweet Comeback Runs Into Industry Slowdown
Monday, July 31, 2017 - 11:40am | 357Read More...Hostess Brands, Inc. (NASDAQ: TWNK), hoping to rediscover the world’s sweet tooth and rekindle a fondness for Twinkies in a more nutrition-conscious era, got a Neutral rating from a UBS analyst on Monday. Analyst Steven Strycula set a $16 price target for the snack makers in initiating...
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Hain Celestial Group's Price Target Trimmed At UBS
Thursday, September 15, 2016 - 3:58pm | 266Read More...UBS has cut Hain Celestial Group Inc (NASDAQ: HAIN)'s price target by $7 to $33, citing continued valuation risks amid an unknowable audit outcome. In addition, analyst Steven Strycula believes consensus FY17 sales and EPS estimates for Hain remain too high and see downside risk on the same....
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Hershey's Challenges Are Intensifying, Says UBS
Friday, July 29, 2016 - 10:48am | 410Read More...Hershey Co (NYSE: HSY) reported its F2Q EPS ahead of the consensus, while lowering its sales guidance for 2016. UBS’s Steven Strycula maintains a Neutral rating on the company, with a price target of $107. Guidance Cut Strycula mentioned that the F2Q beat EPS of $0.85 was driven by cost...
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UBS On General Mills' Analyst Day: 'More Questions Than Answers'
Thursday, July 14, 2016 - 9:47am | 295Read More...General Mills, Inc. (NYSE: GIS) hosted its Analyst Day on July 13, and focused on portfolio segmentation and margin targets, UBS’s Steven Strycula said in a report. He maintained a Neutral rating on the company, with a price target of $71. General Mills had raised its op margin target to...
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Do Chocolate Trends Help Hershey?
Thursday, March 31, 2016 - 11:43am | 275Read More...While competition stiffens, the US chocolate category may be melting, both of which impact Hershey Co (NYSE: HSY) prospects. UBS’ Steven Strycula maintained a Neutral rating for the company, with a price target of $94. Competition Stiffens Hershey’s US chocolate business faces...
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UBS Sees 'Seismic Changes' In The U.S. Food Industry
Thursday, February 25, 2016 - 10:36am | 346Read More...In a new report, UBS analyst Steven Strycula discusses a shift in investment strategy in the U.S. food industry. According to Strycula, a dramatic change in the behavior of U.S. consumers now warrants an equally dramatic shift in the approach of investors. "Consumers are shopping alt food...
