Food Companies

Analysts 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....

Shares of Tyson Foods, Inc. (NYSE: TSN) gained more than 7 percent on Friday after the company revised its earnings outlook higher. Tyson revised its full year earnings per share guidance from a prior range of $4.95 to $5.05 to a new range of $5.20 to $5.30 per share. Looking forward to the next...

Analysts at Morgan Stanley have an appetite for Hostess Brands, Inc. (NASDAQ: TWNK)'s growth story but not so much for the stock. The firm's Matthew Grainger initiated coverage of Hostess Brands' stock with an Equal-Weight rating and $14 price target. Hostess Brands, the maker of the popular snack...

Analysts at Argus Research Company turned bullish on United Natural Foods, Inc. (NASDAQ: UNFI) after the company "strengthened" its balance sheet and offered investors "solid" guidance for the full-year in its fourth-quarter earnings report. The firm's David Coleman upgrades United Natural Foods'...

General Mills, Inc. (NYSE: GIS) reported this week an earnings miss, which prompted a sell-off in the maker of Cheerios and other food products. But the stock's 6-percent decline in reaction to the earnings report is being seen by some on the Street as an attractive buying opportunity. Citi: Buy...

When analysts at Piper Jaffray downgraded Kellogg Company (NYSE: K), they highlighted an ongoing trend that could hurt food makers: Grocery stores are redesigning stores to decrease shelf space. Move aside, dry cereals; hello there, refrigerator-cased breakfast options! Needless to say, food...

Berkshire Hathaway Inc. (NYSE: BRK-A) CEO Warren Buffett has a lesson on the importance of owning a portfolio of brands: more isn't necessarily better. Brands and retailers have been engaged in a battle for years, as retailers want to buy products at the lowest possible price and can even...

The food sector could see a major M&A move amid pressure from an activist investor. Keith Meister's hedge fund Corvex Management owns a $400 million stake of the France-based company Danone and is could be behind a push to sell the company, the New York Post reported. But Meister's campaign to...

Investors made it clear they weren't satisfied with McCormick & Company, Incorporated (NYSE: MKC)'s $4.2 billion acquisition of Reckitt Benckiser's food business which includes Frank's RedHot sauce and French's mustard -- and for good reason. Shares of McCormick lost more...

Shares of PepsiCo, Inc. (NYSE: PEP) were trading lower by around 0.50 percent early Tuesday morning even though the company reported a top- and bottom-line beats in its earnings report. PepsiCo earned $1.50 per share in the second quarter on revenue of $15.71 billion while analysts were expecting...

Analysts at Loop Capital Markets initiated coverage of two food merchandising companies on Tuesday with a favorable outlook: The Chefs Warehouse, Inc (NASDAQ: CHEF) and Performance Food Group Co (NYSE: PFGC). Chefs Warehouse Loop Capital's Andrew Wolf initiated coverage of The Chef's Warehouse with...

Shares of Mondelez International Inc (NASDAQ: MDLZ) gained more than 1 percent early Monday morning after the Wall Street Journal reported Sunday that the snack-maker is looking to oust its CEO Irene Rosenfeld. Mondelez's move to find a successor to Rosenfeld stems from increased pressure from...

Kraft Heinz Co (NASDAQ: KHC)'s failed takeover of Unilever plc (ADR) (NYSE: UL) earlier this year has left the British consumer goods company "highly energized." According to a Bloomberg report, Unilever's CEO Paul Polman told reporters the entire company, from members of the board down to...

Ulker Biskuvi, the largest consumer goods manufacturer in the Turkish food sector and sister company of Godiva Chocolatier and Jaffa Cakes, likely earns the unofficial title as the worst April Fools prank for investors. According to Bloomberg report, Ulker released a 50-second animated video as an...