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Why Aurora Cannabis Rallied Almost 200% In 3 Days — And What's Next For The Pot Stock
Tuesday, May 19, 2020 - 1:03pm | 518Aurora Cannabis Inc. (NYSE: ACB) shares are cooling off after a three-session-long rally that netted the stock a gain of about 194%. Aurora's Q3 Results Kickstart The Rally Ahead of the quarterly results released May 14, Aurora Cannabis stock was down about 74% year-to-date, ravaged...
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Constellation Brands Has 'Very Real' Beverage Production Risks, MKM Says In Downgrade
Friday, May 8, 2020 - 11:25am | 373Certain beverage brands and pack sizes from Constellation Brands, Inc. (NYSE: STZ) are already facing availability issues, and the company's number of products out of stock could increase through June, regardless of Mexico’s decision to permit production, according to MKM...
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MKM: Canadian Cannabis Grower Profits Will Disappoint The Street
Thursday, October 3, 2019 - 9:48am | 583Most cannabis stocks are trending at or near their 52-week lows, with the imminent earnings season creating anxiety in the minds of traders. In its fourth-quarter report, Aurora Cannabis Inc (NYSE: ACB) warned of slower buying by provinces in July and August. The Analyst MKM Partners analyst...
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Supervalu Isn't Getting The Credit It Deserves
Thursday, March 23, 2017 - 10:12am | 398While SUPERVALU INC (NYSE: SVU)'s wholesale unit seems to be underappreciated, the company’s retail operations could get a boost from easing deflationary pressures, RBC Capital Markets’ William Kirk said in a report. He added that real estate value provided “hypothetical...
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RBC Out Defending Kroger: 'Enough Is Enough'
Thursday, March 23, 2017 - 9:32am | 324Although the competitive landscape remains challenging, food inflation and Kroger Co (NYSE: KR)'s competitive advantages would likely “re-emerge,” RBC Capital Markets’ William Kirk said in a report. He added that “struggles at smaller conventional peers” could result...
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All The Sell-Side Reactions To Whole Foods' Q4
Friday, November 4, 2016 - 8:01am | 582Investors initially reacted positively to Whole Foods Market, Inc. (NASDAQ: WFM)'s fourth-quarter results and the stock traded as high as $30.06 on Thursday. However, selling pressure resulted in the stock giving up all of its daily gains and closing lower by 0.18 percent on the day at $28.46. Here...
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Here's One Analyst Who Believes Whole Foods Can Regain Its Competitive Edge
Thursday, November 3, 2016 - 1:09pm | 343Following the release of fiscal fourth-quarter results by Whole Foods Market, Inc. (NASDAQ: WFM), RBC Capital Markets said it continues to be long-term bullish on the company's opportunity to re-establish its competitive edge. Analyst William Kirk believes the company can take on competition only...
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Private Equity And Kroger Could Partner In Fresh Market Takeout
Thursday, February 18, 2016 - 9:51am | 344The share price of The Fresh Market Inc (NASDAQ: TFM) has declined 37.02 percent over the past year, to a low of $18.58 on February 10. RBC Capital’s William Kirk has maintained an Underperform rating on the company, with a price target of $20. Although the company is unlikely to be...
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RBC Upgrades Whole Foods Market Post-Q2 Results
Thursday, May 7, 2015 - 9:56am | 263In a report published Thursday, RBC Capital Markets analyst William Kirk upgraded shares of Whole Foods Market, Inc. (NASDAQ: WFM) to Outperform from Sector Perform with a price target lowered to $51 from a previous $54 despite a "disappointing" comparable store sales print in the second quarter....