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Cautious Call On Kellogg; Shares Downgraded On Risk To Shelf Space
Tuesday, September 19, 2017 - 11:11am | 426Analysts at Piper Jaffray no longer hold a bullish view on Kellogg Company (NYSE: K) amid a view that retailer push back against food companies is a "real threat" to food companies. The firm's Michael Lavery downgraded Kellogg's stock rating from Overweight to Neutral with a price target slashed...
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UBS Is Cautious On Hain Celestial, Campbell Soup And Conagra Following Whole Foods Deal
Tuesday, June 20, 2017 - 10:26am | 641What impact, if any, will Amazon.com, Inc. (NASDAQ: AMZN)'s $13.7 billion acquisition of the organic and natural grocer Whole Foods Market, Inc. (NASDAQ: WFM) have on the broader food industry? Whole Foods boasts just 456 stores and $15.7 billion in revenue (of which $2.6 billion is from its...
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United Natural Foods Investors Have 'Misplaced Comfort' Following Amazon–Whole Foods Tie Up
Monday, June 19, 2017 - 2:35pm | 491What impact, if any, will Amazon.com, Inc. (NASDAQ: AMZN) acquisition of the organic and natural grocery chain Whole Foods Market, Inc. (NASDAQ: WFM) have on its supplier United Natural Foods, Inc. (NASDAQ: UNFI)? Pivotal Research's Ajay Jain commented in a research report that there might be...