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These Analysts Love BellRing Brands
Monday, November 11, 2019 - 4:00pm | 622BellRing Brands Inc (NYSE: BRBR) is a nutrition products company known for its ready-to-drink protein shakes and was born out of the separation of Post Holdings Inc (NYSE: POST). On Monday, multiple analysts initiated coverage of BellRing's stock with a mostly positive bias. The Analysts Credit...
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Stifel's 'Increased Confidence' In Mondelez Prompts Price Target Lift
Monday, June 17, 2019 - 1:55pm | 307Stifel hosted Mondelez International Inc (NASDAQ: MDLZ) CFO Luca Zaramella and IR Shep Dunlap for meetings with investors, which resulted in "increased confidence" in the company's ability to grow sales and profits. The Analyst Stifel's Christopher Growe maintains a Hold rating on...
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Some Perspective On A Possible Pinnacle Foods Buyout
Friday, April 20, 2018 - 11:31am | 421In a Thursday 13-D filing, Jana Capital Partners disclosed a 9.1-percent stake in PINNACLE FOODS INC Common Stock (NYSE: PF). The hedge fund said it intends to engage in discussion with Pinnacle Foods' board and management team regarding value creation measures — including...
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Analyst Remains Confident Philip Morris' Heated Tobacco Product iQOS Could Reshape Company
Friday, April 20, 2018 - 9:47am | 328Philip Morris International Inc. (NYSE: PM) sunk 15.6 percent Thursday after posting mixed earnings results, and analysts, although slicing expectations, defended the firm’s fundamentals. The Rating Stifel Nicolaus analyst Christopher Growe maintained a Buy rating on Philip Morris and cut...
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4 Reasons Analysts See Upside In Conagra Shares
Monday, October 30, 2017 - 10:50am | 437Analysts at Stifel cited four reasons to turn bullish on Conagra Brands Inc (NYSE: CAG). The firm's Christopher Growe upgraded Conagra's stock rating from Hold to Buy with a price target boosted from $36 to $38 after hosting a meeting with senior members of the company's management team. 1....
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Why Did Stifel Decrease Estimates At 3 Food Companies? (Hint: A Lot Has To Do With FX)
Friday, February 13, 2015 - 1:02pm | 532In a report published Friday, Stifel analyst Christopher Growe lowered his price target on TreeHouse Foods Inc. (NYSE: THS) while also lowering his earnings per share estimate on Kraft Foods Group Inc (NASDAQ: KRFT) and WhiteWave Foods Co.(NYSE: WWAV) TreeHouse Foods: ‘Surprised' By FX Hit To...
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Current Estimates On TreeHouse Foods Could Indicate Significant Earnings Miss For The Year
Friday, February 13, 2015 - 11:26am | 134In a report published Friday, Stifel analyst Christopher Growe reiterated a Buy rating on TreeHouse Foods (NYSE: THS), but lowered the price target from $95.00 to $90.00. In the report, Stifel noted, "TreeHouse reported its 4Q14 EPS of $0.99, up 1%, and $0.18 below our estimate. This quarter came...
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Stifel: 2015 Will Be A Year Of Strong Growth For Tobacco Companies
Tuesday, January 13, 2015 - 12:52pm | 205Christopher Growe of Stifel commented on Tuesday that U.S. tobacco volumes are likely to show less of a decline in 2015, pricing is set to accelerate resulting in tobacco companies benefiting from earnings per share growth. Growe estimates tobacco companies will see 9 percent EPS growth with...
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Stifel Upgrades TreeHouse Foods
Wednesday, November 12, 2014 - 2:52pm | 159Christopher Growe of Stifel upgraded shares of TreeHouse Foods Inc. (NYSE: THS) to Buy from Hold with a $90 price target on Wednesday. "The pullback in the shares since its third quarter earnings report last week has created an opportunity, in our view, for investors to buy TreeHouse at a...
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UPDATE: Stifel Upgrades TreeHouse Foods As Pullback Creates Opportunity
Wednesday, November 12, 2014 - 10:42am | 135In a report published Wednesday, Stifel analyst Christopher Growe upgraded the rating on TreeHouse Foods Inc. (NYSE: THS) from Hold to Buy, and named a $90.00 price target. In the report, Stifel noted, “We are upgrading TreeHouse to Buy from Hold and establishing a $90 target price for the shares....
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Stifel Raises Price Target On WhiteWave Foods Co
Thursday, September 11, 2014 - 9:22am | 124Analysts at Stifel maintained a Buy rating on shares of WhiteWave Foods Co (NYSE: WWAV), but raised the price target to $41 from $35 on Thursday. Christopher Growe believes WhiteWave is a prime candidate for acquisition. He stated,”We believe the growth characteristics of WhiteWave’...
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Tobacco Stocks Slip On $23.6 Billion Verdict; Analysts Weigh In
Monday, July 21, 2014 - 12:08pm | 286Monday's pre-market marks the first trading since a Florida jury awarded the widow of a long-time smoker $23.6 billion in punitive damages on top of $16.8 million in compensatory damages in a suit against Reynolds American (NYSE: RAI). Although this decision is likely to be overturned when...
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UPDATE: Stifel Downgrades Pinnacle Foods On News Of Hillshire Brands Purchase
Tuesday, May 13, 2014 - 8:45am | 124In a report published Tuesday, Stifel analyst Christopher Growe downgraded the rating on Pinnacle Foods (NYSE: PF) from Buy to Hold, and removed the $31.00 price target. In the report, Stifel noted, “Hillshire Brands (HSH-$35.76-Not Rated) has agreed to purchase Pinnacle Foods for $18 in cash and...
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UPDATE: Stifel Raises PT on WhiteWave Foods on News of Acquisition of Earthbound Farms
Tuesday, December 10, 2013 - 12:23pm | 160In a report published Tuesday, Stifel analyst Christopher Growe reiterated a Buy rating on WhiteWave Foods Co. (NYSE: WWAV), and raised the price target from $23.00 to $25.00. In the report, Stifel noted, “WhiteWave announced the acquisition of Earthbound Farms for $600 million yesterday providing...
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UPDATE: Stifel Lowers PT on Philip Morris International on More-Than-Expected FX Drag
Tuesday, November 26, 2013 - 11:55am | 131In a report published Tuesday, Stifel analyst Christopher Growe reiterated a Buy rating on Philip Morris International (NYSE: PM), but lowered the price target from $95.00 to $93.00. In the report, Stifel noted, “After the market close, Philip Morris provided some additional color on its FY14 EPS...