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Stifel Takes Neutral Stance On Newly Merged Keurig Dr Pepper
Wednesday, July 11, 2018 - 2:33pm | 311The merger of Dr Pepper Snapple and Keurig Green Mountain closed Monday and shares of Keurig Dr Pepper Inc. (NYSE: KDP) began trading Tuesday. Stifel is taking a neutral stance on the newly combined company. The Analyst Stifel's Mark Swartzberg initiated coverage of Keurig Dr Pepper with a...
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Dr Pepper Snapple Downgraded On Stifel Stub Value Analysis
Tuesday, June 19, 2018 - 10:31am | 346Dr Pepper Snapple Group Inc. (NYSE: DPS) is expected to be subsumed by Keurig Green Mountain in July. The stock has maintained substantial gains since the first merger announcement, and Stifel Nicolaus thinks it couldn’t do any better. The Rating Analysts Mark Swartzberg, Christopher Sinnott...
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Stifel No Longer Craving Molson Coors, Downgrades To Hold
Thursday, May 17, 2018 - 8:50am | 267Some drinkers think Molson Coors Brewing Co Class B (NYSE: TAP) is going flat, and they’re setting it aside for something more flavorful. The Rating Stifel Nicolaus analysts Mark Swartzberg, Christopher Sinnott and Ryan Robinson downgraded Molson Coors to Hold and cut their price target...
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Stifel's 5-Year Bullish Stance On Constellation Brands Fizzles
Tuesday, April 3, 2018 - 2:11pm | 449After a more than fourfold increase in Constellation Brands, Inc. (NYSE: STZ) over the past five years, Stifel's bullish stance on the stock has come to an end. The Analyst Stifel's Mark Swartzberg downgraded Constellation Brands' stock rating from Buy to Hold with a price...
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Boston Beer: Does Stock Momentum Outweigh Expensive Valuation?
Wednesday, December 6, 2017 - 4:14pm | 455Boston Beer Company Inc (NYSE: SAM) shares have rallied strongly since late July, prompting an analyst to settle at a Neutral view on the stock, given his belief that revenue momentum neutralizes the stock's high valuation. The view comes close on heels of JPMorgan's downgrade...
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Constellation Brands Analysts Remain Bullish After Q4 Earnings Rally
Thursday, April 7, 2016 - 4:41pm | 655Wall Street analysts remain bullish on Constellation Brands, Inc.(NYSE: STZ) after its strong fourth-quarter results. Constellation Brands earned $1.19 per share in the fourth quarter on revenue of $1.543 billion. The company's beer operating income rose 29 percent, and it saw a 14 percent...
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Why Dr Pepper Snapple Is Having A Big Day
Thursday, March 26, 2015 - 10:39am | 263Shares of Dr Pepper Snapple Group Inc. (NYSE: DPS) are up Thursday morning. Stifel analysts Mark Swartzberg and Christopher Sinnott upgraded the stock from Hold to Buy, and also set a price target of $90. According to a report recently published, the upgrade was based on valuation and an...
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Stifel Comments On PepsiCo's Board Addition
Tuesday, January 20, 2015 - 10:00am | 171PepsiCo, Inc. (NYSE: PEP) on Friday announced that it has added William R. Johnson, retired chairman, president and chief executive officer of H.J. Heinz Company, to its Board of Directors. Johnson is one of the three founding members of Trian Advisory Partners who maintains a close influence...
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Stifel Raises Price Target On PepsiCo
Friday, January 9, 2015 - 2:53pm | 260Stifel raised its price target on PepsiCo, Inc. (NYSE: PEP) from $105 to $107 and maintained a Buy rating Friday. Analyst Mark Swartzberg saw a “higher probability of Trian gaining a board seat between now and May” and viewed “increased Trian influence as a positive to PEP...
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UPDATE: Stifel Raises Price Target On Constellation Brands On Positive Risk/Reward
Friday, January 9, 2015 - 9:01am | 179In a report published Friday, Stifel analyst Mark Swartzberg reiterated a Buy rating on Constellation Brands, Inc. (NYSE: STZ), and raised the price target from $111.00 to $135.00. In the report, Stifel noted, “We lift our target to $135 per share from $111 per share and offer takeaways below, from...
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UPDATE: Stifel Reiterates On Constellation Brands, Inc. On Increased Glass Margin Benefits
Friday, October 3, 2014 - 9:30am | 111In a report published Friday, Stifel analyst Mark Swartzberg reiterated a Buy rating on Constellation Brands, Inc. (NYSE: STZ), but lowered the price target from $113.00 to $98.00. In the report, Stifel noted, “Our initial take on Constellation's announced glass spending was that it increased...
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UPDATE: Stifel Upgrades PepsiCo On Positive Risk/Reward
Thursday, July 24, 2014 - 9:12am | 121In a report published Thursday, Stifel analyst Mark Swartzberg upgraded the rating on PepsiCo (NYSE: PEP) from Hold to Buy, and named a $106.00 price target. In the report, Stifel noted, “We upgrade to Buy from Hold, seeing a positive risk/reward in the shares. Multiples are off highs and in line...
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UPDATE: Stifel Reiterates On Constellation Brands On Raised Estimates
Thursday, July 3, 2014 - 7:41am | 148In a report published Thursday, Stifel analyst Mark Swartzberg reiterated a Buy rating on Constellation Brands (NYSE: STZ), and raised the price target from $90.00 to $113.00. In the report, Stifel noted, “Constellation says that it is in the process of soliciting bids on raw materials from sources...
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PepsiCo, Inc. (PEP) Maintains Buy Rating; Price Target Raised
Wednesday, March 24, 2010 - 3:04pm | 106Analysts Mark Swartzberg and Mark S. Astrachan at Stifel Nicolaus have released an update on PepsiCo, Inc. (NYSE: PEP). Stifel Nicolaus attended the company’s two-day analyst meeting, which was held this week. The company reiterated its 2010-2012 P&L growth targets at the meeting. It is...