-
Investors Growing Impatient With Coca-Cola's Inability To Overcome Macro Challenges
Monday, February 13, 2017 - 10:52am | 366Read More...Can The Coca-Cola Co (NYSE: KO) survive investor impatience? “With EPS expected to remain stuck in the $1.90-2.10 range for the eighth consecutive year in 2018, the market's strong reaction to yet another delay in Coca-Cola's earnings recovery signals growing impatience with company...
-
Are Investor Concerns On Monster Beverages Misplaced?
Friday, January 13, 2017 - 12:54pm | 381Read More...BMO reiterated its Outperform rating on the shares of Monster Beverage Corporation (NASDAQ: MNST) saying investors' concerns of sales growth deceleration in the United States appear misplaced. The bullish comments from BMO come after a note from Wells Fargo’s Bonnie Herzog discussing...
-
Pepsi Performance Continues To Meet Or Exceed Expectations
Friday, September 30, 2016 - 1:27pm | 315Read More...In the wake of PepsiCo, Inc. (NYSE: PEP)'s estimate-beating earnings report, BMO Capital Markets analyst Amit Sharma maintains an Outperform rating and raised the firm's target from $116 to $120. Sharma noted PepsiCo has met or beat estimates for their 27th consecutive quarter and is expected to...
-
TreeHouse Foods' Integration Of Acquisitions Remains On Track
Friday, August 5, 2016 - 3:50pm | 386Read More...BMO reiterated its Market Perform rating on TreeHouse Foods Inc. (NYSE: THS), saying that the integration of the recently acquired Private Brands business remains on track. The quarterly results also showed the margin improvement in Private Brands, and further sales and share recovery in single...
-
Monster Beverages: An Attractive Name In One Of 2016's Best Performing Sectors
Friday, August 5, 2016 - 11:49am | 236Read More...Consumer staples has been a hot sector throughout 2016. One of the hottest stocks in the sector, Monster Beverage Corporation (NASDAQ: MNST), hit a new 52-week high of $166.50 on Friday and is higher by more than 30 percent over the past six months. Amit Sharma of BMO Capital Markets commented...
-
BMO Calls Snyder's-Lance A 'Diamond In The Rough'; Upgrades To Outperform
Thursday, June 9, 2016 - 6:02pm | 179Read More...BMO Capital Markets' Amit Sharma upgraded Snyder's-Lance Inc (NASDAQ: LNCE) to Outperform, raising the price target to $40. The rating change came a week and a half after Snyder's CFO Rick Puckett retired without an immediate replacement. Lack Of Visibility Creates An Entry Point...
-
Good News, Investors: Mead Johnson Prices Are Stabilizing
Thursday, October 15, 2015 - 3:15pm | 456Read More...BMO Capital Markets upgraded shares of Mead Johnson Nutrition CO (NYSE: MJN) to Outperform on Thursday. However, the firm decided to trim its price target by $10.00, to $89.00. Shares of Mead Johnson are up more than 3.8 percent on Thursday trading. In a report issued Thursday, BMO analyst Amit...
-
BMO Capital Upgrades Coca-Cola On 2016 Forecast
Monday, June 1, 2015 - 8:04am | 337Read More...In a report published Monday, BMO Capital analyst Amit Sharma upgraded the rating on The Coca-Cola Co (NYSE: KO) to Outperform from Market Perform, while raising the price target to $48 from $44. The stock valuation and earnings expectations offer an attractive entry point for investors. For...
-
Mixed Reviews For Monster's Q2 Beat Amid Industry Slow Down
Friday, August 8, 2014 - 4:50pm | 249Read More...Monster Beverage's (NASDAQ: MNST) second-quarter earnings beat got mixed reviews from analysts who noted a broad slowdown in the industry that hurt sales. The non-carbonated soft-drink maker posted earnings of $0.81 per share, $0.06 ahead of expectations. Revenue grew 8.9 percent, including...
-
UPDATE: BMO Capital Markets Upgrades Dean Foods on Improving Operations, Lower Interest Expense
Monday, October 21, 2013 - 9:32am | 250Read More...In a report published Monday, BMO Capital Markets analyst Amit Sharma upgraded the rating on Dean Foods Co. (NYSE: DF) from Market Perform to Outperform, and raised the price target from $22.00 to $23.00. In the report, BMO Capital Markets noted, “First, rising global milk supplies signal that...
-
UPDATE: BMO Capital Markets Downgrades WhiteWave Foods Ahead of Anticipated Growth Deceleration
Monday, September 30, 2013 - 10:04am | 162Read More...In a report published Monday, BMO Capital Markets analyst Amit Sharma downgraded the rating on WhiteWave Foods Co. (NYSE: WWAV) from Market Perform to Underperform, but reiterated the $17.00 price target. In the report, BMO Capital Markets noted, “Our rating downgrade is based on our view that...
-
UPDATE: BMO Capital Raises PT on The Hain Celestial Group Following Solid F4Q13 Report
Thursday, August 22, 2013 - 12:39pm | 207Read More...In a report published Thursday, BMO Capital Markets analyst Amit Sharma reiterated an Outperform rating on The Hain Celestial Group (NASDAQ: HAIN), and raised the price target from $72.00 to $82.00. In the report, BMO Capital Markets noted, “HAIN's solid quarter and sales/earnings guidance...
-
UPDATE: BMO Capital Markets Raises PT on The Hain Celestial Group on Solid Growth Outlook
Tuesday, June 18, 2013 - 10:51am | 230Read More...In a report published Tuesday, BMO Capital Markets analyst Amit Sharma reiterated an Outperform rating on The Hain Celestial Group (NASDAQ: HAIN), and raised the price target from $68.00 to $69.00. In the report, BMO Capital Markets noted, “Based on our review of inter-segment sales trends,...
-
UPDATE: BMO Capital Markets Downgrades Dean Foods to Market Perform on Limited Upside
Thursday, May 30, 2013 - 11:00am | 189Read More...In a report published Thursday, BMO Capital Markets analyst Amit Sharma downgraded the rating on Dean Foods (NYSE: DF) from Outperform to Market Perform, and lowered the price target from $22.00 to $11.00. In the report, BMO Capital Markets noted, “We continue to believe that Dean management's...
-
UPDATE: BMO Capital Markets Initiates Coverage on Dr. Pepper Snapple Group with Market Perform Rating, $48 PT on Attractive Capital Return Idea
Wednesday, May 22, 2013 - 12:07pm | 247Read More...In a report published Wednesday, BMO Capital Markets analyst Amit Sharma initiated coverage on Dr. Pepper Snapple Group (NYSE: DPS) with a Market Perform rating and $48.00 price target. In the report, BMO Capital Markets noted, “We are initiating coverage of Dr Pepper Snapple Group with a...
