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TUP

Tupperware Brands

$57.74

1.29 (2.29%)

19:51
11/29/16
11/29
19:51
11/29/16
19:51

Tupperware Brands issues November foreign exchange update

Tupperware Brands has published its foreign exchange update for November. The company forecasts a (1.9) percentage point impact on sales from currency translation in Q4, as compared to 0.5 in the October update. For 1Q17, the company forecasts a (2.6) percentage point impact on sales, as compared to 1.6 in the October update. For FY17, Tupperware forecasts a (3.2) percentage point impact, as compared to 0.2 previously. Reference Link

TUP Tupperware Brands
$57.74

1.29 (2.29%)

02/24/16
KEYB
02/24/16
NO CHANGE
KEYB
Overweight
Tupperware filing delay not about accounting issues, says KeyBanc
KeyBanc said it believes Tupperware's 10-K filing delay is not due to accounting issues and they think the 10K will be filed within the next 15 days. The firm has an Overweight rating on Tupperware shares.
02/26/16
KEYB
02/26/16
DOWNGRADE
KEYB
Sector Weight
Tupperware Brands downgraded to Sector Weight from Overweight at KeyBanc
KeyBanc analyst Jason Gere downgraded Tupperware Brands to Sector Weight saying he sees little upside to the low end of the company's fiscal year organic sales guidance. Gere does not find the stock's risk/reward attractive over the next 12 months.
11/28/16
RILY
11/28/16
DOWNGRADE
Target $47
RILY
Sell
Tupperware Brands downgraded to Sell from Neutral at B. Riley
B. Riley analyst Linda Bolton Weiser downgraded Tupperware Brands to Sell saying the stock has not moved lower to reflect post-election currency devaluations. The analyst sees a worsening currency backdrop and poor fundamentals. She cut her price target for Tupperware shares to $47 from $64.
11/28/16
11/28/16
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. AbbVie (ABBV) downgraded to Neutral from Buy at Citi. 2. Citi (C), Wells Fargo (WFC), and Regions Financial (RF) were downgraded to Hold from Buy at Jefferies with analyst Ken Usdin citing valuation. 3. Hilton (HLT) and Marriott (MAR) were downgraded to Hold from Buy at Evercore ISI. 4. H&R Block (HRB) downgraded to Sell from Neutral at BTIG with analyst Mark Palmer noting that President-elect Trump has said he wants to put H&R Block out of business by simplifying the tax code. 5. Tupperware Brands (TUP) downgraded to Sell from Neutral at B. Riley with analyst Linda Bolton Weiser saying the stock has not moved lower to reflect post-election currency devaluations. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

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