Steve Powers

Bank of America Securities and other experts are weighing in on the breakdown in merger talks between The Hershey Co. (NYSE:HSY) and Mondelez International, Inc. (NASDAQ:MDLZ).  What Happened: Early Wednesday morning, Mondelez announced a new $9 billion share repurchase program. The Chicago-based...

Tobacco company Altria Group Inc (NYSE: MO)'s third-quarter print was viewed favorably by at least two Street analysts. The Analysts Bank of America Merrill Lynch analyst Lisa Lewandowski maintained a Buy rating on Altria with a $54 price target. Deutsche Bank analyst Steve Powers...

Alcoholic beverage maker Constellation Brands, Inc. (NYSE: STZ) reported Thursday its second-quarter results, which sent the stock higher. Here's a summary of what some of the Street's top analysts are saying after the print. The Analysts Macquarie Research's Caroline Levy...

Estee Lauder Companies Inc (NYSE: EL) reported Wednesday an "exceptionally strong quarter," but the market's reaction to the downside wasn't justified, according to Deutsche Bank. The Analyst Deutsche Bank's Steve Powers upgraded Estee Lauder from Hold to Buy with...

Monster Beverage Corporation (NASDAQ: MNST)'s weak fourth quarter sent the stock tumbling lower to a level that makes it attractive to buy, according to Deutsche Bank.  The Analyst Deutsche Bank's Steve Powers upgraded Monster Beverage from Hold to Buy with an unchanged $63...

Dr Pepper Snapple Group Inc. (NYSE: DPS)'s decision to sell itself to Keurig Green Mountain was an "unexpected" move, according to one of Wall Street's top beverage analysts. The Analyst Deutsche Bank's Steve Powers discussed the M&A deal during CNBC's "Squawk...