Bryan Spillane

Shares of PepsiCo Inc. (NASDAQ:PEP) tanked after the company reported a sales decline for the first quarter on Thursday. BofA Securities On PepsiCo Analyst Bryan Spillane maintained a Neutral rating while reducing the price target from $155 to $150. PepsiCo reported its quarterly results broadly in...

Analysts expect Estee Lauder Companies Inc (NYSE:EL) to announce earnings per share of 27 cents on $3.83 billion in revenue when fourth-quarter financials are released Monday before the market opens. In a recent note, Bank of America‘s Bryan D. Spillane downgraded the stock from Buy to...

Shares of Colgate-Palmolive Company (NYSE: CL) have been in focus after a new study revealed that CBD, a cannabis compound, was safe for managing acute dental pain. The company is now likely to generate 4.5% year-on-year organic sales growth in fiscal 2024, versus earlier expectations of 3.6%,...

PepsiCo, Inc. (NYSE: PEP) shares traded higher by 3.7% on Wednesday after the soda and snack giant reported better-than-expected third-quarter sales and earnings and raised its full-year guidance. The Numbers: PepsiCo reported 9% sales growth in the third quarter and guided for full-year organic...

Beverage and snack food company PepsiCo, Inc. (NYSE: PEP) reported second-quarter financial results before market open Tuesday. Analysts weighed in on the earnings report and how they see inflation and future investments playing out for Pepsi. The Pepsi Analysts: Credit Suisse analyst...

U.S. GDP dropped 1.4% in the first quarter of 2022, and the SPDR S&P 500 ETF Trust (ARCA: SPY) is down 16.3% year-to-date as investors become increasingly concerned about the possibility of a U.S. recession in 2022. However, Bank of America economist Aditya Bhave said this week that underlying...

Coca-Cola Co (NYSE: KO) reported its first-quarter organic growth higher than BofA and Street estimates, and this growth was led by higher volumes, according to BofA Securities. The Coca-Cola Analyst: Bryan Spillane maintained a Buy rating for Coca-Cola, while keeping the price target unchanged at...

Although Procter & Gamble Co (NYSE: PG) exceeded expectations by reporting more than 10% organic sales growth for the first quarter, the company’s margins contracted, according to BofA Securities. The Procter & Gamble Analyst: Bryan Spillane maintained a Buy rating on Procter &...

There is plenty of uncertainty and unpredictability in the stock market these days. Investors looking to play defense against rising interest rates, elevated inflation and geopolitical uncertainty can always turn to the consumer staples sector for some solid recession-resistant investments. High-...

Honest Company Inc’s (NASDAQ: HNST) fourth-quarter earnings significantly missed the consensus estimates and management guided to a 15% decline in sales for the first quarter of 2022 and to flat sales and gross margins for fiscal 2022, according to BofA Securities. The Honest Company Analyst...

Kellogg Company (NYSE: K) is likely to generate only modest earnings growth in fiscal 2022, as it emerges from supply chain constraints, rising costs, and “uncertainty related to sustainability of consumer demand in the face of higher prices,” according to BofA Securities. The Kellogg...

Beyond Meat Inc (NYSE: BYND) shares dropped plunged Thursday after the company reported a larger-than-expected loss and issued disappointing guidance for the fourth quarter. Beyond Meat reported a third-quarter adjusted EPS loss of 87 cents on revenue of $106.4 million. Both numbers fell short of...

Fiscal 2022 is likely to be a transition year for Conagra Brands Inc (NYSE: CAG), as management takes action to combat inflation, against tough COVID-19-related volume comparisons, according to BofA Securities. The Conagra Brands Analyst: Bryan Spillane downgraded the rating for Conagra Brands from...

Snack and food company Hershey Co (NYSE: HSY) has multiple catalysts ahead that would justify multiple expansion in 2021 and beyond, according to BofA Securities.  The Analyst: Bryan Spillane upgraded Hershey's from Neutral to Buy with a price target lifted from $156 to $168. The...

Plant-based food maker Beyond Meat Inc (NASDAQ: BYND) reported third-quarter earnings that notably fell short of expectations and sparked a debate among analysts. The Analysts: CFRA analyst Arun Sundaram maintains a Sell rating on Beyond Meat's stock with a price target lowered from $100 to $80...