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CPB

Campbell Soup

$56.94

-0.47 (-0.82%)

09:04
05/19/17
05/19
09:04
05/19/17
09:04

Campbell Soup sees adjusted gross margin approximately 38% for FY17

  • 19

    May

  • 31

    May

CPB Campbell Soup
$56.94

-0.47 (-0.82%)

02/15/17
02/15/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Kraft Heinz (KHC) and ConAgra Brands (CAG) were initiated with Buy ratings at Deutsche Bank. The firm also initiated Campbell Soup (CPB), J.M. Smucker (SJM) General Mills (GIS), Hershey (HSY), Kellogg (K) and Mondelez (MDLZ) with a Hold, as well as Pinnacle Foods (PF), Hostess Brands (TWNK) and Snyder's Lance (LNCE) with a Buy. 2. MasterCard (MA) and Visa (V) initiated with Buy ratings at Loop Capital by analyst Joseph Vafi. 3. Bioverativ (BIVV) initiated with an Outperform rating and $56 price target at Leerink by analyst Jason Gerberry. 4. Encana (ECA) initiated with an Overweight at JPMorgan. The firm also reinstated Cheniere Energy (LNG) and Cheniere Energy Partners LP (CQH) with Overweight ratings. 5. Blueprint Medicines (BPMC) initiated with an Overweight at Morgan Stanley by analyst Andrew Berens. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here
03/21/17
BERN
03/21/17
DOWNGRADE
BERN
Underperform
Campbell Soup downgraded to Underperform from Market Perform at Bernstein
03/21/17
BERN
03/21/17
NO CHANGE
BERN
U.S. food companies downgraded to Underperform at Bernstein
Bernstein analyst Alexia Howard downgraded General Mills (GIS), Kellogg (K), J.M. Smucker (SJM), Conagra Brands (CAG), and Campbell Soup (CPB) to Underperform from Market Perform. As reasons for the downgrades, Howard cited the companies' deteriorating revenue trends and her belief that any takeover premiums for the companies " are unlikely to be particularly high." She adds that activist investors probably won't get involved in the stocks while they are trading at such high valuations. Finally, the analyst believes that the companies are being hurt by consumers' desire for fresher foods and unfavorable shelf space trends at retailers. General Mills target to $52 from $61, Campbell target to $54 from $61, J.M. Smucker target to $130 from $147, Kellogg target to $69 from $83, Conagra target remains $36.
03/21/17
03/21/17
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. Sprouts Farmers Market (SFM) downgraded to Market Perform at BMO Capital. 2. HubSpot (HUBS) downgraded to Outperform from Strong Buy at Raymond James analyst Terry Tilman saying shares have significantly outperformed year-to-date and recommends taking some profits. 3. MEDNAX (MD) downgraded to Neutral from Outperform at Baird analyst Whit Mayo citing a balanced risk/reward, weak organic growth, its sector high historical and relative EBITDA valuation, and a current setup that appears to be reliant on M&A. 4. Cracker Barrel (CBRL) downgraded to Hold from Buy at Argus with analyst John Staszak saying he expects customer traffic to remain weak and same-store sales growth to decelerate over the next several quarters. 5. Conagra Brands (CAG), Kellogg (K), J.M. Smucker (SJM), General Mills (GIS), and Campbell Soup (CPB) were downgraded to Underperform from Market Perform at Bernstein. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

PPG

PPG

$106.37

-0.35 (-0.33%)

06:33
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AXAS

Abraxas Petroleum

$1.61

-0.04 (-2.42%)

06:33
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Abraxas Petroleum initiated  »

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  • 09

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CALM

Cal-Maine Foods

$37.10

1 (2.77%)

06:33
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Earnings
Cal-Maine Foods reports Q4 EPS (51c) with items, consensus (25c) »

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SGMS

Scientific Games

06:33
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Scientific Games reports Q2 EPS (44c), consensus (52c) »

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HAS

Hasbro

$115.95

1.05 (0.91%)

06:33
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Hasbro CEO says entered 2H with 'strong consumer momentum' »

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HAS

Hasbro

$115.95

1.05 (0.91%)

06:31
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Hot Stocks
Hasbro CFO says seeing 'some softness' in Brazil, U.K. »

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ALRN

Aileron Therapeutics

$12.78

-0.14 (-1.08%)

06:31
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07/24
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06:31
Initiation
Aileron Therapeutics initiated  »

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CPRX

Catalyst Pharmaceuticals

$2.95

-0.1 (-3.28%)

06:30
07/24/17
07/24
06:30
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06:30
Conference/Events
Catalyst Pharmaceuticals management to meet with Piper Jaffray »

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  • 25

    Jul

HAS

Hasbro

$115.95

1.05 (0.91%)

06:30
07/24/17
07/24
06:30
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06:30
Earnings
Hasbro reports Q2 EPS 53c, consensus 46c »

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  • 24

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VLO

Valero

$67.78

0.26 (0.39%)

, PSX

Phillips 66

$82.85

0.49 (0.59%)

06:28
07/24/17
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06:28
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Periodicals
U.S. mulls financial sanctions on Venezuela's PDVSA, Reuters reports »

The Trump administration…

VLO

Valero

$67.78

0.26 (0.39%)

PSX

Phillips 66

$82.85

0.49 (0.59%)

CVX

Chevron

$103.25

-1.38 (-1.32%)

PBF

PBF Energy

03/08/13
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  • 27

    Jul

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  • 01

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    Aug

KCDMY

Kimberly-Clark de Mexico

$10.34

-0.3 (-2.82%)

06:28
07/24/17
07/24
06:28
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06:28
Upgrade
Kimberly-Clark de Mexico rating change  »

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PPG

PPG

$106.37

-0.35 (-0.33%)

06:28
07/24/17
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06:28
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PPG rating change  »

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FND

Floor & Decor

$37.40

-1.1 (-2.86%)

06:28
07/24/17
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  • 27

    Jul

BABA

Alibaba

$151.89

-0.22 (-0.14%)

, MGI

MoneyGram

$16.56

-0.28 (-1.66%)

06:26
07/24/17
07/24
06:26
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06:26
Periodicals
Smith says U.S. should block Ant, MoneyGram deal, NY Post reports »

Rep. Chris Smith, the…

BABA

Alibaba

$151.89

-0.22 (-0.14%)

MGI

MoneyGram

$16.56

-0.28 (-1.66%)

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MRSN

Mersana Therapeutics

$14.05

-0.14 (-0.99%)

06:25
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07/24
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Initiation
Mersana Therapeutics initiated  »

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MTZ

MasTec

$45.30

-0.35 (-0.77%)

06:25
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  • 04

    Aug

WFC

Wells Fargo

$54.17

-0.71 (-1.29%)

06:23
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Hot Stocks
Wells Fargo ordered to reinstate whistleblower, pay $577K in back wages, damages »

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  • 12

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MIK

Michaels

$19.02

0.22 (1.17%)

06:23
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MRSN

Mersana Therapeutics

$14.05

-0.14 (-0.99%)

06:21
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C

Citi

$66.00

-0.36 (-0.54%)

06:21
07/24/17
07/24
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06:21
Conference/Events
Citi to host investor day »

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  • 25

    Jul

SFTBF

SoftBank

$82.90

-0.25 (-0.30%)

06:20
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Periodicals
Didi Chuxing, SoftBank to invest $2B in ride-hail startup Grab, Recode says »

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BHF

Brighthouse Financial

, MET

MetLife

$54.65

0.07 (0.13%)

06:20
07/24/17
07/24
06:20
07/24/17
06:20
Initiation
Brighthouse Financial, MetLife initiated  »

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BHF

Brighthouse Financial

MET

MetLife

$54.65

0.07 (0.13%)

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  • 03

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ACM

Aecom

$32.02

-0.25 (-0.77%)

06:19
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Aecom rating change  »

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  • 08

    Aug

TEVA

Teva

$32.64

0.21 (0.65%)

06:18
07/24/17
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06:18
Periodicals
Teva to cut Israeli workforce, mainly in production, Reuters reports »

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  • 03

    Aug

  • 30

    Aug

INTU

Intuit

$134.84

-0.51 (-0.38%)

06:17
07/24/17
07/24
06:17
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06:17
Conference/Events
Intuit management to meet with Northcoast »

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  • 24

    Jul

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