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Beyond Meat Lacks Sizzle: 3 Analysts Discuss Earnings Miss, 'Daunting' Recovery
Thursday, November 10, 2022 - 12:02pm | 475Beyond Meat Inc (NASDAQ: BYND) recently reported a wider-than-expected loss on disappointing revenues for the third quarter. However, the stock recovered on earnings, following a surge in short interest. Here are three analyst takes: Mizuho Securities's John Baumgartner reiterated a Neutral...
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Why These Beyond Meat Analysts Are Barbecuing Price Targets After $100M Q1 Loss: 'Lower Likelihood Of Disruption'
Thursday, May 12, 2022 - 2:34pm | 523Beyond Meat Inc (NASDAQ: BYND) shares traded higher Thursday before moving lower in the afternoon, and remain down 56.6% year-to-date after the company reported a larger-than-expected first-quarter net loss following the launch of its new plant-based jerky. On Wednesday, Beyond Meat reported a...
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BMO Has A Sweeter Tooth For Hershey
Tuesday, September 29, 2020 - 11:42am | 306Hershey Co (NYSE: HSY) deserves credit for its vision and focus on brand investment, pricing, data analytics, and other initiatives that will position it to grow earnings in 2021, according to BMO. The Hershey Analyst: Kenneth Zaslow upgrades Hershey's stock to Outperform with a price target lifted...
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Hormel Analyst Stays Neutral After Mixed Q4 Print
Wednesday, November 27, 2019 - 12:03pm | 387Consumer-branded food and meat products company Hormel Foods Corp (NYSE: HRL) reported fourth-quarter results Tuesday that were highlighted by an earnings beat, but BMO Capital Markets is sticking to the sidelines. Hormel's Q4 Hormel Foods reported a 1-cent-per-share EPS...
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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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Hershey's Earnings: Sweet Treat Or Sour Candy?
Friday, October 25, 2019 - 12:26pm | 603Hershey Co (NYSE: HSY) reported mixed third-quarter results and lifted part of its full-year outlook. The Analysts BMO Capital Markets analyst Kenneth Zaslow maintained a Market Perform rating on Hershey stock with a price target lifted from $133 to $138. Bank of America Merrill...
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Hormel Foods To Continue Navigating Rough Waters In Near Term, BMO Says
Friday, August 23, 2019 - 12:50pm | 274Although Hormel Foods Corp (NYSE: HRL) posted a third-quarter EPS beat, a series of volatility and headwinds could dampen the company’s growth in the near term, according to BMO Capital Markets. The Analyst BMO’s Kenneth Zaslow maintained a Market Perform rating on Hormel Foods, with a...
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BMO Upgrades Pilgrims Pride, Declares 'Winner Winner Chicken Dinner'
Tuesday, August 20, 2019 - 1:42pm | 292The bullish case for Pilgrim's Pride Corporation (NASDAQ: PPC) is based on a combination of internal initiatives and external tailwinds, according to BMO. The Analyst BMO Capital Markets analyst Kenneth Zaslow upgraded Pilgrim's Pride from Market Perform to Outperform with a price target...
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BMO: Tyson Foods Posts Q2 Beat On Stellar Performance In Prepared Foods
Tuesday, August 6, 2019 - 11:25am | 389Tyson Foods, Inc. (NYSE: TSN) reported second-quarter EPS ahead of expectations, reiterated its full-year guidance and provided a favorable 2020 outlook, according to BMO Capital Markets. The Analyst Kenneth Zaslow maintained an Outperform rating on Tyson Foods with an unchanged $90 price...
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BMO Reaffirms Tyson Foods As 'Top Pick' For 2019
Friday, June 21, 2019 - 3:15pm | 354Tyson Foods, Inc. (NYSE:TSN) held its annual day presentation Thursday, which prompted BMO to reaffirm the food company as a "top pick" for 2019. The Analyst BMO Capital Markets' Kenneth Zaslow maintains an Outperform rating on Tyson Foods with a $90 price target. The Thesis Tyson...
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Tyson Foods Remains BMO's 'Top Pick' After Q2 Print
Tuesday, May 7, 2019 - 2:18pm | 405Tyson Foods, Inc. (NYSE: TSN) reported second-quarter results Monday that came in better than expected and reinforced its status as BMO Capital Market's "top pick" for 2019. The Analyst Kenneth Zaslow maintains an Outperform rating on Tyson Foods with a price target lifted...
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Street Warms To General Mills After Q3 Beat
Thursday, March 21, 2019 - 3:22pm | 494General Mills, Inc. (NYSE: GIS) beat Wall Street estimates with its third-quarter report Wednesday, with revenue growth and margin expansion that had sell-side analysts raising target prices for the stock. The Analysts Credit Suisse analyst Robert Moskow maintanied a Neutral rating on...
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BMO Shifts To Neutral Stance On Hormel, Cites Valuation, Trade Concerns
Monday, September 17, 2018 - 11:31am | 423Hormel Foods Corp (NYSE: HRL) has limited near-term upside, according to BMO Capital Markets. The Analyst Analyst Kenneth Zaslow downgraded Hormel Foods from Outperform to Market Perform and increased the price target from $38 to $44. The Thesis Hormel's outperformance and valuation expansion...
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BMO Loses Appetite For Darling, Downgrades On South American Growth, Yellow Grease Prices
Thursday, March 1, 2018 - 4:57pm | 332Darling Ingredients Inc (NYSE: DAR) caught two downgrades Thursday despite having reported top- and bottom-line quarterly beats earlier in the week. One of the analysts intimated his bearishness may be short lived. The Rating BMO Capital Markets analyst Kenneth Zaslow downgraded Darling...
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Mondelez Proves It's Still A Worthy Investment
Tuesday, October 31, 2017 - 11:19am | 602Following the release of third quarter results by Mondelez International Inc (NASDAQ: MDLZ), sell-side opined that the shares of the company are still a worthy investment. UBS maintains its Buy rating on the shares of the company and its $49 price target for the shares. Meanwhile, BMO...