Breaking News Instant updates and real-time market news.

STZ

Constellation Brands

$197.89

-0.82 (-0.41%)

08:26
07/17/19
07/17
08:26
07/17/19
08:26

Constellation Brands can deliver on beer segment guidance, says Jefferies

Jefferies analyst Kevin Grundy says his beer portfolio deep dive by brand points to ~6%-7% volume growth over the next five years for Constellation Brands, which he believes supports consensus estimates and the company's high-single-digit percentage sales outlook. While skepticism has grown regarding Constellation's growth sustainability, the analysis should help investors find greater comfort in its outlook, Grundy tells investors in a research note. He believes the company's risk/reward "remains compelling" and keeps a Buy rating on the shares. The analyst lowered his price target for Constellation Brands to $270 from $274.

STZ Constellation Brands
$197.89

-0.82 (-0.41%)

06/25/19
JEFF
06/25/19
NO CHANGE
JEFF
Jefferies sees downside for National Beverage, Molson Coors after Nielsen data
Jefferies analyst Kevin Grundy noted that beverage sales in U.S. Nielsen channels slowed for the four weeks ended June 15, pointing out that the data indicate that National Beverage (FIZZ) sales declined by a sharp 9.8% in the period and Constellation Brands' (STZ) beer business showed 8.9% sales growth. He sees downside at Molson Coors (TAP) and National Beverage, the analyst said in his note recapping the data.
07/01/19
JEFF
07/01/19
NO CHANGE
Target $274
JEFF
Buy
Constellation Brands price target raised to $274 from $264 at Jefferies
Jefferies analyst Kevin Grundy raised his price target for Constellation Brands (STZ) to $274 from $264 citing the company's "strong" Q1 and updated fiscal 2020 guidance. The share setup "remains compelling" with beer sales momentum continuing, margin expectations "reasonable," dilution from the wine asset sale understood, and with Canopy Growth (CGC) still offering "unique exposure" to the cannabis space, Grundy tells investors in a research note. The analyst calls Constellation his top pick and he sees scope for the stock to re-rate higher.
07/03/19
STFL
07/03/19
NO CHANGE
STFL
Buy
Linton's vision to be 'sorely missed' at Canopy, says Stifel
Stifel analyst W. Andrew Carter maintained a Buy rating on Canopy Growth (CGC) after the company announced a "surprising" change in leadership, with founder and co-CEO Bruce Linton stepping down from his roles, Mark Zekulin stepping in as CEO, and the board searching for a permanent successor at CEO. Carter believes the board is "is likely unsatisfied with the company's operational performance in recent periods and sees a change in leadership as necessary to right the ship" but also believes Linton's vision and founder status will be "sorely missed." The analyst also noted that Constellation Brands (STZ), Canopy's largest investor, now has four of six total board seats, and had previously stated that it was not pleased with Canopy's recent performance, supporting "Canopy on a more focused long-term strategy to win markets and form factors that matter."
07/15/19
BOFA
07/15/19
DOWNGRADE
Target $50
BOFA
Underperform
BofA/Merrill double downgrades Molson Coors to Underperform
As previously reported, BofA Merrill Lynch analyst Bryan Spillane downgraded Molson Coors (TAP) two notches, to Underperform from Buy, citing the heightened potential he sees that the company will need to increase spending to stabilize core brands' market share and invest in premium and "beyond" beer segments. To support his view, Spillane notes that Molson Coors has continued to lose market share in FY19 as competitors such as AB InBev (BUD), Heineken (HEINY), Constellation (STZ) and Boston Beer (SAM) have increased marketing/brand support and that products like hard seltzers and canned wine pose further risk to domestic light beer. He lowered his price target on Molson Coors shares to $50 from $70.

TODAY'S FREE FLY STORIES

TSM

TSMC

$50.14

-0.28 (-0.56%)

06:33
10/17/19
10/17
06:33
10/17/19
06:33
Hot Stocks
Breaking Hot Stocks news story on TSMC »

TSMC sees FY19 CapEx…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 17

    Oct

TSM

TSMC

$50.14

-0.28 (-0.56%)

06:33
10/17/19
10/17
06:33
10/17/19
06:33
Earnings
TSMC sees Q4 revenue $10.2B-$10.3B, consensus $9.63B »

Gross profit margin is…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 17

    Oct

HON

Honeywell

$163.86

0.2 (0.12%)

06:33
10/17/19
10/17
06:33
10/17/19
06:33
Earnings
Honeywell reports Q3 adj. EPS $2.08, consensus $2.01 »

Reports Q3 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 17

    Oct

TSM

TSMC

$50.14

-0.28 (-0.56%)

06:32
10/17/19
10/17
06:32
10/17/19
06:32
Earnings
TSMC reports Q3 EPS 62c, consensus 60c »

Reports Q3 revenue $9.4B,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 17

    Oct

TXT

Textron

$50.52

-0.15 (-0.30%)

06:32
10/17/19
10/17
06:32
10/17/19
06:32
Earnings
Textron narrows FY19 EPS view to $3.70-$3.80 from $3.65-$3.85, consensus $3.74 »

The company revised its…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 17

    Oct

NFLX

Netflix

$286.83

2.59 (0.91%)

06:31
10/17/19
10/17
06:31
10/17/19
06:31
Recommendations
Netflix analyst commentary  »

Netflix price target…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 29

    Oct

SNA

Snap-On

$157.68

-0.64 (-0.40%)

06:31
10/17/19
10/17
06:31
10/17/19
06:31
Earnings
Snap-On reports Q3 EPS $2.96, consensus $2.94 »

Reports Q3 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 17

    Oct

TXT

Textron

$50.52

-0.15 (-0.30%)

06:30
10/17/19
10/17
06:30
10/17/19
06:30
Earnings
Textron reports Q3 EPS 95c, consensus 85c »

Reports Q3 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 17

    Oct

IBM

IBM

$142.04

-0.94 (-0.66%)

06:29
10/17/19
10/17
06:29
10/17/19
06:29
Recommendations
IBM analyst commentary  »

IBM price target lowered…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Oct

MNST

Monster Beverage

$56.54

0.27 (0.48%)

06:28
10/17/19
10/17
06:28
10/17/19
06:28
Downgrade
Monster Beverage rating change  »

Monster Beverage…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

FB

Facebook

$189.62

0.81 (0.43%)

, PYPL

PayPal

$103.11

-0.43 (-0.42%)

06:28
10/17/19
10/17
06:28
10/17/19
06:28
Periodicals
Facebook's Marcus says Libra 'absolutely not' in jeopardy, Yahoo Finance reports »

Facebook's (FB)…

FB

Facebook

$189.62

0.81 (0.43%)

PYPL

PayPal

$103.11

-0.43 (-0.42%)

EBAY

eBay

$38.91

0.03 (0.08%)

BKNG

Booking Holdings

$2,028.24

10.61 (0.53%)

V

Visa

$177.87

-0.93 (-0.52%)

MA

MasterCard

$278.40

-0.24 (-0.09%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 17

    Oct

  • 23

    Oct

  • 23

    Oct

  • 23

    Oct

  • 24

    Oct

  • 27

    Oct

  • 29

    Oct

  • 29

    Oct

  • 30

    Oct

NFLX

Netflix

$286.83

2.59 (0.91%)

06:27
10/17/19
10/17
06:27
10/17/19
06:27
Recommendations
Netflix analyst commentary  »

Netflix reported a…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 29

    Oct

MAT

Mattel

$11.50

0.105 (0.92%)

, WMT

Walmart

$119.44

-0.08 (-0.07%)

06:24
10/17/19
10/17
06:24
10/17/19
06:24
Periodicals
Walmart, Mattel 'lease floors' in KidHQ interactive store, WSJ reports »

Mattel (MAT) and Walmart…

MAT

Mattel

$11.50

0.105 (0.92%)

WMT

Walmart

$119.44

-0.08 (-0.07%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 29

    Oct

  • 13

    Nov

  • 14

    Nov

CXP

Columbia Property

$20.31

0.05 (0.25%)

06:24
10/17/19
10/17
06:24
10/17/19
06:24
Downgrade
Columbia Property rating change  »

Columbia Property…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Oct

  • 12

    Nov

GTLS

Chart Industries

$58.79

-0.38 (-0.64%)

06:23
10/17/19
10/17
06:23
10/17/19
06:23
Earnings
Chart Industries sees FY20 adjusted EPS $4.75-$5.25, consensus $5.06 »

Sees FY20 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 17

    Oct

  • 14

    Nov

AAPL

Apple

$234.59

-0.67 (-0.28%)

06:22
10/17/19
10/17
06:22
10/17/19
06:22
Recommendations
Apple analyst commentary  »

Apple price target raised…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 30

    Oct

GTLS

Chart Industries

$58.79

-0.38 (-0.64%)

06:21
10/17/19
10/17
06:21
10/17/19
06:21
Earnings
Chart Industries lowers 2019 non-GAAP EPS view to $2.70-$2.90 from $2.85-$3.20 »

Consensus for 2019 EPS is…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 17

    Oct

  • 14

    Nov

WLL

Whiting Petroleum

$6.65

-0.07 (-1.04%)

06:20
10/17/19
10/17
06:20
10/17/19
06:20
Downgrade
Whiting Petroleum rating change  »

Whiting Petroleum…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 18

    Oct

  • 06

    Nov

LILA

Liberty Latin America

$18.14

0.14 (0.78%)

06:20
10/17/19
10/17
06:20
10/17/19
06:20
Upgrade
Liberty Latin America rating change  »

Barclays upgrades Liberty…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

TSLA

Tesla

$259.78

1.95 (0.76%)

06:19
10/17/19
10/17
06:19
10/17/19
06:19
Periodicals
Tesla granted car manufacturing certificate in China, Reuters reports »

China's industry…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 23

    Oct

CXP

Columbia Property

$20.31

0.05 (0.25%)

06:19
10/17/19
10/17
06:19
10/17/19
06:19
Downgrade
Columbia Property rating change  »

Columbia Property…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Oct

  • 12

    Nov

GTLS

Chart Industries

$58.79

-0.38 (-0.64%)

06:18
10/17/19
10/17
06:18
10/17/19
06:18
Earnings
Chart Industries reports Q3 adjusted EPS 77c, consensus 77c »

Reports Q3 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 17

    Oct

  • 14

    Nov

JNJ

Johnson & Johnson

$135.20

2.36 (1.78%)

, TEVA

Teva

$6.94

-0.02 (-0.29%)

06:17
10/17/19
10/17
06:17
10/17/19
06:17
Periodicals
J&J offers to pay $4B to settle opioid litigation, WSJ reports »

Johnson & Johnson…

JNJ

Johnson & Johnson

$135.20

2.36 (1.78%)

TEVA

Teva

$6.94

-0.02 (-0.29%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 07

    Nov

TELNY

Telenor

$0.00

(0.00%)

06:15
10/17/19
10/17
06:15
10/17/19
06:15
Downgrade
Telenor rating change  »

Telenor downgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 23

    Oct

UN

Unilever; also tag UL

$59.71

1.25 (2.14%)

, UL

Unilever; also tag UN

$59.40

1 (1.71%)

06:14
10/17/19
10/17
06:14
10/17/19
06:14
Periodicals
Unilever cuts prices in U.S. amid shampoo rivalry with P&G, WSJ reports »

Unilever (UN, UL) CFO…

UN

Unilever; also tag UL

$59.71

1.25 (2.14%)

UL

Unilever; also tag UN

$59.40

1 (1.71%)

PG

Procter & Gamble

$116.77

0.3 (0.26%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 18

    Oct

  • 22

    Oct

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.