Amit Sharma

Coca Cola Co's (NYSE: KO) mini cans are delivering maxi results. Sell-side analysts praised the American soft drink icon for yet another strong quarter of organic growth — the eighth straight with growth of 5% or more — with smaller packaged items such as the mini cans showing...

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...

Coca-Cola Co (NYSE: KO) has delivered four consecutive quarters of over 5% top line growth and seems poised to meet the higher end of its longer-term outlook of 4-6%, according to BMO Capital Markets. The Analyst BMO’s Amit Sharma maintained a Market Perform rating on Coca-Cola while raising...

Beverage company Constellation Brands, Inc. (NYSE: STZ) reported first-quarter results Friday that came in better than expected on the top-and-bottom line and prompted multiple Street analysts to reaffirm bullish stances.  The Analysts BMO Capital Markets' Amit Sharma maintained...

Shares of Keurig Dr Pepper Inc (NYSE: KDP) are trading at a valuation gap versus its peers that's not only "too large to ignore" but should narrow, according to BMO Capital Markets. The Analyst BMO's Amit Sharma upgraded Keurig Dr Pepper from Market Perform to Outperform with a...

Monster Beverage Corp (NASDAQ: MNST) reported a top-and-bottom line beat in its first quarter results but some Street analysts remain convinced a bullish stance on the stock can be justified. The Analysts Stifel's Mark Astrachan maintains a Buy rating on Monster Beverage's stock with a...

Constellation Brands, Inc. (NYSE: STZ) reported fourth-quarter results that came in better than expected. The company also announced an agreement to divest around 30 of its wine and spirits brands and related facilities for $1.7 billion. The Analysts Bank of America's Bryan Spillane maintains...

Energy beverage maker Monster Beverage Corp (NASDAQ: MNST) is likely to achieve its high-single digit to low-single-digit top-line and EPS growth rate in the near term, but the likelihood of outperformance is minimal, according to BMO. The Analyst BMO Capital Markets' Amit Sharma downgraded...

The market woke up Thursday to energetic interest in Monster Beverage Corporation (NASDAQ: MNST), which was surging after posting better-than-expected top-line results. Monster reported 15.8-percent organic sales growth in the fourth quarter, and its earnings per share of 43 cents beat...

Food company Hain Celestial Group Inc (NASDAQ: HAIN) hosted a sell-side presentation led by new CEO Mark Schiller that left two Street analysts wanting more insight on the company's strategy and outlook. The Analysts BMO Capital Markets' Amit Sharma maintains a Market Perform rating on Hain...

With Pabst and Molson Coors Brewing Co (NYSE: TAP) facing off in court, BMO Capital Markets considered the implications for the beer industry. The Analyst Analyst Amit Sharma reiterated a Outperform rating on Molson Coors with an $85 price target. The Thesis The trial has the potential to have a...

BMO Capital Markets analyst Amit Sharma initiated coverage across the alcoholic beverage sector.  Constellation Brands, Inc. (NYSE: STZ) with an Outperform rating and $275 price target. Molson Coors Brewing Co (NYSE: TAP) with an Outperform rating and $95 price target. Brown-Forman...

BMO Capital Markets downgraded shares of Hain Celestial Group Inc (NASDAQ: HAIN), as it sees limited upside to the M&A-driven valuation. The company is rumored to be a takeover target, with potential suitors including French dairy giant Danone SA (ADR) (OTC: DANOY). As such, the firm...

BMO Capital Markets is favoring growth stories over blue-chip value as BMO analyst Amit Sharma re-rated several companies in the beverage sector. DPS: Upgraded to Outperform, raised price target to $105 Sharma believes Dr. Pepper Snapple Group Inc. (NYSE: DPS) is undervalued and has an...