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TWNK

Hostess Brands

$14.41

-0.11 (-0.76%)

09:07
04/13/18
04/13
09:07
04/13/18
09:07

Callahan a 'solid choice' as Hostess Brands CEO, says Stephens

Stephens analyst Farha Aslam called Andrew Callahan a "solid choice" to lead Hostess Brands (TWNK), given that he is well versed in the packaged food industry and well known to the investment community after previously having served as President of Retail Packaged Brands at Tyson (TSN). The analyst, who believes Hostess is executing well, keeps an Overweight rating and $20 price target on the stock.

TWNK Hostess Brands
$14.41

-0.11 (-0.76%)

10/13/17
10/13/17
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. Ford (F) downgraded to Equal Weight from Overweight at Barclays with analyst Brian Johnson saying the company is starting "substantially behind" General Motors (GM) in current North America margins, and behind both GM and Tesla (TSLA) in its positioning for the "megatrends and disruptive mobility." 2. HP Enterprise (HPE) downgraded to Neutral from Buy at Citi with analyst Jim Suva saying fundamentals in the company's core enterprise group remain challenging, and accelerated restructuring payments will pressure core fee cash flow in fiscal year 2018. 3. XL Group (XL) downgraded to Sell from Hold at Deutsche Bank with analyst Joshua Shanker saying the company may be underestimating the impact of third quarter catastrophes, which creates downside risk to consensus estimates. 4. HubSpot (HUBS) downgraded to Sector Weight from Overweight at KeyBanc with analyst Brent Bracelin saying the risk/reward looks balanced with the shares up 82% year-to-date. 5. Hostess Brands (TWNK) downgraded to Sell from Neutral at UBS with analyst Steven Strycula saying slowing category trends, market share loss in its Sweet Baked Goods unit and recent management turnover create an unfavorable setup. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
11/09/17
UBSW
11/09/17
NO CHANGE
Target $11
UBSW
Sell
Hostess Brands estimates to be weighed on by inflation, says UBS
UBS analyst Steven Strycula noted Hostess Brands' Q3 EBITDA missed expectations due to one-time co-packing disruption and higher driving costs. The analyst said he was encouraged by management citing accelerating sales trends and the continued involvement of Dean Metropoulos, the architect of the company's turnaround. He believes higher inflation expectations in 2018 will push estimates lower. Strycula maintained his Sell rating and $11 price target on Hostess Brands shares.
11/09/17
MSCO
11/09/17
NO CHANGE
Target $12
MSCO
Equal Weight
Hostess Brands price target lowered to $12 from $14 at Morgan Stanley
Morgan Stanley analyst Matthew Grainger said Hostess Brands' Q3 results reflect soft underlying fundamentals and reinforce his growing concerns about the company's growth outlook. He lowered his price target on Hostess shares to $12 from $14 and keeps an Equal Weight rating on the stock.
12/18/17
12/18/17
NO CHANGE
Target $20

Buy
Hostess Brands price target raised to $20 from $15 at SunTrust
As previously reported, SunTrust analyst William Chappell raised his price target on Hostess Brands to $20 after meeting with the company's management, rolling his valuation model to account for 2019 EBITDA estimates. Chappell says that while Suzy Q brand was a much bigger drag than initially thought and may have prevented the company from achieving its sales goal, the drag has lessened over the past two months. The analyst says the company is comfortable that its newly acquired assets can "return the taste profile to its original form", keeping his Buy rating.

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AVMXY

Avita Medical

$0.00

(0.00%)

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FRAC

Keane Group

$12.50

-0.14 (-1.11%)

19:33
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Initiation
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  • 01

    Nov

NBR

Nabors Industries

$6.25

-0.175 (-2.72%)

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NINE

Nine Energy Services

$39.10

0.31 (0.80%)

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  • 17

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PTEN

Patterson-UTI

$16.58

-0.37 (-2.18%)

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GSBC

Great Southern Bancorp

$52.51

0.26 (0.50%)

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HMNY

Helios and Matheson

$0.02

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BY

Byline Bancorp

$21.33

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ABB

ABB

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VEC

Vectrus

$28.98

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S

Sprint

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  • 12

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TALO

Talos Energy

$29.85

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  • 06

    Nov

STLD

Steel Dynamics

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  • 18

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STLD

Steel Dynamics

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STLD

Steel Dynamics

$40.55

0.29 (0.72%)

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  • 18

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CRTO

Criteo

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