Over a month ago |
Initiation
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Citi analyst Filippo… Citi analyst Filippo Falorni initiated coverage of 16 companies in the U.S. beverages and household products and personal care space. After a year of "outsized industry-wide price realization with limited elasticity impacts," structural sales growth differences in the group will become more evident with companies offering true pricing power and attractive country/category exposures "re-emerging as relative winners," the analyst tells investors in a research note. City says that while group valuations remain elevated after large outperformance in 2022, there are "compelling single-name opportunities in the space." It tells investors to focus on "high-quality names" that have de-rated on near-term temporary concerns, offer a gross margin improvement story with declining commodity prices and the ability to retain prior pricing. The firm's top Buy-rated picks are Colgate-Palmolive (CL), Procter & Gamble (PG), Constellation Brands (STZ), Coca-Cola (KO), Monster Beverage (MNST) and Estee Lauder (EL). Citi's Sell-rated names are Kimberly-Clark (KMB) and Brown-Forman (BF.B). The firm put Neutral ratings on PepsiCo (PEP), Church & Dwight (CHD), Keurig Dr Pepper (KDP), Coty (COTY), Boston Beer (SAM), Clorox (CLX), Molson Coors (TAP) and Newell Brands (NWL). From a pair-trade standpoint, it recommends to overweight Procter & Gamble and underweight Kimberly-Clark, as well as to overweight Colgate-Palmolive, underweight Kimberly-Clark. ShowHide Related Items >><< - 01/19/23
- Complexity Gaming renews partnership with Miller Lite
- 10/06/22
- Molson Coors announces new partnership with the Professional Pickleball Assoc
- 09/29/22
- Molson Coors expands agreement with Coca-Cola to develop Topo Chico Spirited
- 01/26/23
- Constellation Brands announces Locke to retire from board of directors
- 01/05/23
- Constellation Brands CEO: We're radically undervalued at this price point
- 01/05/23
- Constellation sees pricing actions in beer business to be 'more muted' in FY24
- 11/10/22
- Constellation Brands completes elimination of Class B Common Stock
- $335.01 /
-56.155 (-14.36%) - 02/16/23
- Boston Beer falls -14.6%
- 02/15/23
- Boston Beer falls 11% to $349.77 after FY23 EPS guidance misses estimates
- 01/17/23
- Marimed appoints Matt Truppo as VP, retail sales
- 12/12/22
- Boston Beer's TeaPot launches merchandise collaboration with Peace Collective
- 02/14/23
- Nelson Peltz's Trian buys Disney, cuts Sysco in Q4
- 01/19/23
- Procter & Gamble says 'on track' to deliver FY23 guidance
- 01/19/23
- Procter & Gamble says Q2 growth broad based across business units
- 01/19/23
- Procter & Gamble reports Q2 gross margin down 160 bps vs. a year ago
- 02/12/23
- Fly Intel: Top five weekend stock stories
- 02/09/23
- PepsiCo sees FY23 share repurchases approximating $1B
- 02/09/23
- PepsiCo focused on delivering at least $1B in productivity savings
- 02/09/23
- PepsiCo: Monitoring consumers' spending patterns, behaviors
- 02/10/23
- Newell Brands falls 7% to $13.57 after Q1, FY23 guidance miss estimates
- 02/10/23
- Newell Brands chairman to transition to new position, Robert Steele to succeed
- 01/23/23
- Newell announces restructuring and savings initiative, to reduce headcount in Q1
- 12/12/22
- Newell Brands appoints Mark Erceg as CFO
- 11/03/22
- Monster Beverage announces new $500M share repurchase program
- 10/27/22
- MSG Sports, MSG Entertainment enter marketing partnership with Monster Energy
- 10/10/22
- VPX Sports, maker of Bang Energy drinks, seeks Chapter 11 bankruptcy protection
- 02/16/23
- Coca-Cola raises quarterly dividend to 46c from 44c per share
- 02/14/23
- Berkshire added more of top-holding Apple, Paramount in Q4
- 02/14/23
- Coca-Cola says gained value share in NARTD beverages in Q4, FY
- 02/14/23
- Coca-Cola reports Q4 global unit case volume down 1%, up 5% for FY
- $126.44 /
-1.305 (-1.02%) - 10/25/22
- Kimberly-Clark cuts FY22 CapEx view to $900M-$1B from $1B-$1.1B
- 09/26/22
- Hostess Brands hires Adrian Poretti as Chief Supply Chain Officer
- 09/22/22
- Kimberly-Clark and Fetch Rewards enter long-term partnership
- 09/09/22
- Kimberly-Clark appoints Tamera Fenske to Chief Supply Chain Officer
- 01/19/23
- Keurig Dr Pepper CFO buys $350K in common stock
- 01/10/23
- Keurig Dr Pepper CEO sells $4.5M in common stock
- 12/08/22
- Keurig Dr Pepper, Nutrabolt announce strategic partnership
- 12/05/22
- Keurig Dr Pepper names Dr. Karin Rotem-Wildeman as Chief R&D Officer
- 11/15/22
- Ermenegildo Zegna to enter long term license for Tom Ford with Estee Lauder
- 11/15/22
- Estee Lauder to acquire TOM FORD brand
- 11/02/22
- Estee Lauder raises quarterly dividend 10% to 66c from 60c per share
- 11/01/22
- Mondelez announces three new members to senior management team
- 01/12/23
- Coty extends license agreement with Jil Sander
- 12/21/22
- Coty sells Lacoste fragrance license back to Lacost
- 12/20/22
- Coty and Hugo Boss announce renewal of license agreement
- 12/12/22
- Coty expands buyback program by $200M
- 02/03/23
- Clorox rises 9.6%
- 02/02/23
- Clorox sees FX headwinds a 2-point reduction to FY23 sales
- 02/02/23
- Clorox CEO says 'actions we are taking to rebuild margin are working'
- 02/02/23
- Clorox reports Q2 gross margin up 320 bps to 36.2% from 33% a year ago
- 02/14/23
- Third Point buys AIG, exits T-Mobile in Q4
- 02/08/23
- Third Point updates on Colgate-Palmolive, DuPont, PG&E positions
- 01/30/23
- Colgate-Palmolive names Steve Cahillane to Board of Directors
- 11/14/22
- Third Point buys TJX, exits Cenovus Energy in Q3
- 02/03/23
- Church & Dwight sees FY23 reported gross margin up 100-120 bps
- 02/03/23
- Church & Dwight raises quarterly dividend 4% to 27.25c per share
- 09/06/22
- Church & Dwight to acquire Hero Mighty Patch for $630M
- 01/12/23
- Brown-Forman names Larry Combs chief information officer
- 12/07/22
- Brown-Forman sees FY23 capital expenditures $190M-$210M
- 12/01/22
- Brown-Forman to name Marshall Farrer chief strategic growth officer
- 11/17/22
- Brown-Forman raises quarterly cash dividend 9% to 20.55c from 18.85c per share
- 02/16/23 Citi
- Colgate-Palmolive initiated with a Buy at Citi
- 01/31/23 Barclays
- Colgate-Palmolive price target lowered to $77 from $80 at Barclays
- 01/30/23 Deutsche Bank
- Colgate-Palmolive price target lowered to $84 from $87 at Deutsche Bank
- 01/30/23 Morgan Stanley
- Colgate-Palmolive upgraded to Overweight from Equal Weight at Morgan Stanley
- 02/16/23 Citi
- Procter & Gamble initiated with a Buy at Citi
- 01/20/23 Stifel
- Procter & Gamble price target raised to $147 from $139 at Stifel
- 01/13/23 JPMorgan
- Procter & Gamble price target raised to $150 from $141 at JPMorgan
- 12/06/22 Deutsche Bank
- Procter & Gamble price target raised to $162 from $156 at Deutsche Bank
- 02/16/23 Citi
- Constellation Brands initiated with a Buy at Citi
- 01/31/23 Evercore ISI
- Constellation Brands price target raised to $260 from $250 at Evercore ISI
- 01/26/23 Wells Fargo
- Constellation Brands price target raised to $250 from $240 at Wells Fargo
- 01/09/23 Barclays
- Constellation Brands price target lowered to $278 from $288 at Barclays
- 02/16/23 Citi
- Coca-Cola initiated with a Buy at Citi
- 02/15/23 Wells Fargo
- Coca-Cola price target lowered to $68 from $70 at Wells Fargo
- 02/15/23 Morgan Stanley
- Coca-Cola price target raised to $70 from $68 at Morgan Stanley
- 12/20/22 Atlantic Equities
- Coca-Cola, Pepsi remain preferred beverage names at Atlantic Equities
- 02/16/23 Citi
- Monster Beverage initiated with a Buy at Citi
- 02/06/23 Stifel
- Red Bull co-founder's death could benefit Monster Beverage, says Stifel
- 01/18/23 BMO Capital
- Monster Beverage price target raised to $97 from $95 at BMO Capital
- 01/18/23 Evercore ISI
- Monster Beverage price target raised to $115 from $105 at Evercore ISI
- 02/16/23 Citi
- Estee Lauder initiated with a Buy at Citi
- 02/13/23 Piper Sandler
- Estee Lauder price target raised to $298 from $290 at Piper Sandler
- 02/06/23 Credit Suisse
- Estee Lauder price target raised to $305 from $215 at Credit Suisse
- 02/03/23 Deutsche Bank
- Estee Lauder price target raised to $300 from $290 at Deutsche Bank
- $126.44 /
-1.305 (-1.02%) - 02/16/23 Citi
- Kimberly-Clark initiated with a Sell at Citi
- 01/27/23 Barclays
- Kimberly-Clark price target lowered to $126 from $146 at Barclays
- 01/26/23 Deutsche Bank
- Kimberly-Clark price target lowered to $122 from $124 at Deutsche Bank
- 01/26/23 Wells Fargo
- Kimberly-Clark price target lowered to $125 from $135 at Wells Fargo
- 02/16/23 Citi
- Brown-Forman initiated with a Sell at Citi
- 12/09/22 Barclays
- Brown-Forman price target lowered to $67 from $73 at Barclays
- 12/08/22 RBC Capital
- Brown-Forman price target lowered to $66 from $70 at RBC Capital
- 12/08/22 Deutsche Bank
- Brown-Forman price target lowered to $72 from $73 at Deutsche Bank
- 02/16/23 Citi
- PepsiCo initiated with a Neutral at Citi
- 02/13/23 Barclays
- PepsiCo price target lowered to $187 from $197 at Barclays
- 12/07/22 Argus
- PepsiCo price target raised to $206 from $195 at Argus
- 02/16/23 Citi
- Church & Dwight initiated with a Neutral at Citi
- 02/13/23 Argus
- Church & Dwight cut to Hold at Argus amid weak sales of high-margin products
- 02/13/23 Argus
- Church & Dwight downgraded to Hold from Buy at Argus
- 02/07/23 Oppenheimer
- Church & Dwight added back to Top Pick status at Oppenheimer
- 02/16/23 Citi
- Keurig Dr Pepper initiated with a Neutral at Citi
- 01/26/23 JPMorgan
- Keurig Dr Pepper price target raised to $41 from $40 at JPMorgan
- 12/06/22 Deutsche Bank
- Keurig Dr Pepper price target raised to $39 from $38 at Deutsche Bank
- 10/31/22 Truist
- Keurig Dr Pepper downgraded to Sell from Hold at Truist
- 02/16/23 Citi
- Coty initiated with a Neutral at Citi
- 02/09/23 Deutsche Bank
- Coty price target raised to $12 from $11 at Deutsche Bank
- 01/31/23 Jefferies
- Bath & Body Works price target raised to $52 from $45 at Jefferies
- 01/13/23 JPMorgan
- Coty price target raised to $9 from $8 at JPMorgan
- $335.01 /
-56.155 (-14.36%) - 02/16/23 Citi
- Boston Beer initiated with a Neutral at Citi
- 02/16/23 RBC Capital
- Boston Beer price target lowered to $300 from $314 at RBC Capital
- 02/16/23 Roth MKM
- Boston Beer price target lowered to $276 from $282 at Roth MKM
- 02/16/23 Bernstein
- Boston Beer downgraded to Underperform from Market Perform at Bernstein
- 02/16/23 Citi
- Molson Coors initiated with a Neutral at Citi
- 02/07/23 Morgan Stanley
- Molson Coors assumed with an Equal Weight at Morgan Stanley
- 01/06/23 TD Cowen
- Molson Coors upgraded to Outperform from Market Perform at Cowen
- 01/03/23 Wells Fargo
- Wells Fargo downgrades Molson Coors to Underweight, lowers price target to $45
- 02/16/23 Citi
- Newell Brands initiated with a Neutral at Citi
- 02/14/23 Barclays
- Newell Brands price target lowered to $11 from $13 at Barclays
- 02/13/23 RBC Capital
- Newell Brands price target lowered to $15 from $17 at RBC Capital
- 02/13/23 Raymond James
- Newell Brands price target lowered to $17 from $18 at Raymond James
- 02/16/23 Citi
- Clorox initiated with a Neutral at Citi
- 02/06/23 Barclays
- Clorox price target lowered to $108 from $110 at Barclays
- 02/03/23 UBS
- Clorox price target raised to $140 from $129 at UBS
- 02/01/23 Jefferies
- Clorox price target raised to $145 from $140 at Jefferies
- 11/01/22
- Molson Coors reports Q3 EPS $1.32, consensus $1.36
- 01/05/23
- Constellation Brands sees FY23 comparable EPS $11.00-$11.20
- 01/05/23
- Constellation Brands reports Q3 comparable EPS $2.83, consensus $2.89
- 01/04/23
- Notable companies reporting before tomorrow's open
- $335.01 /
-56.155 (-14.36%) - 02/15/23
- Boston Beer sees FY23 GAAP EPS $6.00-$10.00, consensus $11.02
- 02/15/23
- Boston Beer reports Q4 GAA EPS (93c), consensus 70c
- 10/20/22
- Boston Beer narrows FY22 adj EPS view to $7.00 to $10.00 from $6.00-$11.00
- 10/20/22
- Boston Beer reports Q3 EPS $2.21, consensus $3.07
- 01/19/23
- Procter & Gamble raises FY23 sales growth outlook
- 01/19/23
- Procter & Gamble reports Q2 core EPS $1.59, consensus $1.59
- 01/18/23
- Notable companies reporting before tomorrow's open
- 02/09/23
- PepsiCo sees FY23 core EPS $7.20, consensus $7.28
- 02/09/23
- PepsiCo sees FY23 core EPS growth 8%, consensus $7.28
- 02/09/23
- PepsiCo reports Q4 core EPS $1.67, consensus $1.65
- 02/08/23
- Notable companies reporting before tomorrow's open
- 02/10/23
- Newell Brands sees FY23 normalized EPS 95c-$1.08, consensus $1.42
- 02/10/23
- Newell Brands sees Q1 normalized EPS (6c)-(3c), consensus 23c
- 02/10/23
- Newell Brands reports Q4 normalized EPS 16c, consensus 11c
- 02/09/23
- Notable companies reporting before tomorrow's open
- 11/03/22
- Monster Beverage reports Q3 EPS 60c, consensus 59c
- 11/03/22
- Notable companies reporting after market close
- 02/14/23
- Coca-Cola expects 6%-7% currency headwind to Q1 comparable EPS
- 02/14/23
- Coca-Cola sees FY23 organic revenue (non-GAAP) growth of 7%-8%
- 02/14/23
- Coca-Cola reports Q4 adjusted EPS 45c, consensus 45c
- 10/25/22
- Coca-Cola sees FY22 comparable EPS up 6%-7%, consensus $2.46
- $126.44 /
-1.305 (-1.02%) - 01/25/23
- Kimberly-Clark sees FY23 EPS up 2%-6% versus FY22 adjusted EPS
- 01/25/23
- Kimberly-Clark approves 1.7% increase in dividend to $1.18 per share
- 01/25/23
- Kimberly-Clark reports Q4 adjusted EPS $1.54, consensus $1.51
- 01/24/23
- Notable companies reporting before tomorrow's open
- 12/05/22
- Keurig Dr Pepper backs FY22 adjusted EPS growth in mid-single-digit range
- 10/27/22
- Keurig Dr Pepper backs FY22 adj. EPS up mid-single-digit range, consensus $1.69
- 10/27/22
- Keurig Dr Pepper reports Q3 adjusted EPS 46c, consensus 46c
- 10/26/22
- Notable companies reporting before tomorrow's open
- 02/02/23
- Estee Lauder sees FY23 adjusted EPS $4.87-$5.02, consensus $5.35
- 02/02/23
- Estee Lauder sees Q3 adjusted EPS 37c-47c, consensus $1.77
- 02/02/23
- Estee Lauder reports Q2 adjusted EPS $1.54, consensus $1.30
- 02/02/23
- Estee Lauder reports Q2 diluted EPS $1.09, consensus $1.30
- 02/08/23
- Coty raises FY23 adjusted EPS 35c-36c view from 32c-33c
- 02/08/23
- Coty reports Q2 adjusted EPS 22c, consensus 15c
- 02/07/23
- Notable companies reporting before tomorrow's open
- 02/02/23
- Clorox raises FY23 adjusted EPS view to $4.05-$4.30 from $3.85-$4.22
- 02/02/23
- Clorox reports Q2 adjusted EPS 98c, consensus 65c
- 02/02/23
- Notable companies reporting after market close
- 11/01/22
- Clorox backs FY23 adjusted EPS view $3.85-$4.22, consensus $4.07
- 01/27/23
- Colgate-Palmolive sees 2023 net sales growth 2%-5%, consensus $18.61B
- 01/27/23
- Colgate-Palmolive reports Q4 base EPS 77c, consensus 76c
- 01/26/23
- Notable companies reporting before tomorrow's open
- 02/03/23
- Church & Dwight sees Q1 adjusted EPS 75c, consensus 79c
- 02/03/23
- Church & Dwight sees FY23 adjusted EPS growth 0%-4%, consensus $3.09
- 02/03/23
- Church & Dwight reports Q4 adjusted EPS 62c, consensus 60c
- 02/02/23
- Notable companies reporting before tomorrow's open
- 12/07/22
- Brown-Forman reports Q2 EPS 49c, consensus 55c
- 12/06/22
- Notable companies reporting before tomorrow's open
- 08/31/22
- Brown-Forman reports Q1 EPS 52c, consensus 47c
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Initiation
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Citi initiated coverage… Citi initiated coverage of Church & Dwight with a Neutral rating and $85 price target. ShowHide Related Items >><< - 02/03/23
- Church & Dwight sees FY23 reported gross margin up 100-120 bps
- 02/03/23
- Church & Dwight raises quarterly dividend 4% to 27.25c per share
- 09/06/22
- Church & Dwight to acquire Hero Mighty Patch for $630M
- 02/13/23 Argus
- Church & Dwight cut to Hold at Argus amid weak sales of high-margin products
- 02/13/23 Argus
- Church & Dwight downgraded to Hold from Buy at Argus
- 02/07/23 Oppenheimer
- Church & Dwight added back to Top Pick status at Oppenheimer
- 02/06/23 Deutsche Bank
- Deutsche Bank keeps Buy on Church & Dwight, raises price target to $91
- 02/03/23
- Church & Dwight sees Q1 adjusted EPS 75c, consensus 79c
- 02/03/23
- Church & Dwight sees FY23 adjusted EPS growth 0%-4%, consensus $3.09
- 02/03/23
- Church & Dwight reports Q4 adjusted EPS 62c, consensus 60c
- 02/02/23
- Notable companies reporting before tomorrow's open
- 02/06/23
- Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations
- 11/07/22
- Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations
- 10/18/22
- Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations
- 10/17/22
- What You Missed On Wall Street On Monday
- 01/17/23
- Early notable gainers among liquid option names on January 17th
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Downgrade
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Argus analyst Kristina… Argus analyst Kristina Ruggeri downgraded Church & Dwight to Hold from Buy. The company is facing pressure from weak sales of high-margin discretionary products, low fill rates on retail orders, and high operating and interest costs, the analyst tells investors in a research note. Church & Dwight's Q4 results also included a substantial impairment charge for its recently acquired Flawless brand, the firm adds, reducing its FY23 EPS view by 13c to $3.06 while noting that the stock is fully valued at 27-times its expected 2023 earnings. ShowHide Related Items >><< - 02/03/23
- Church & Dwight sees FY23 reported gross margin up 100-120 bps
- 02/03/23
- Church & Dwight raises quarterly dividend 4% to 27.25c per share
- 09/06/22
- Church & Dwight to acquire Hero Mighty Patch for $630M
- 02/13/23 Argus
- Church & Dwight downgraded to Hold from Buy at Argus
- 02/07/23 Oppenheimer
- Church & Dwight added back to Top Pick status at Oppenheimer
- 02/06/23 Deutsche Bank
- Deutsche Bank keeps Buy on Church & Dwight, raises price target to $91
- 02/06/23 Stifel
- Church & Dwight price target raised to $85 from $79 at Stifel
- 02/03/23
- Church & Dwight sees Q1 adjusted EPS 75c, consensus 79c
- 02/03/23
- Church & Dwight sees FY23 adjusted EPS growth 0%-4%, consensus $3.09
- 02/03/23
- Church & Dwight reports Q4 adjusted EPS 62c, consensus 60c
- 02/02/23
- Notable companies reporting before tomorrow's open
- 02/06/23
- Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations
- 11/07/22
- Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations
- 10/18/22
- Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations
- 10/17/22
- What You Missed On Wall Street On Monday
- 01/17/23
- Early notable gainers among liquid option names on January 17th
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Downgrade
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Argus analyst Kristina… Argus analyst Kristina Ruggeri downgraded Church & Dwight to Hold from Buy. ShowHide Related Items >><< - 02/03/23
- Church & Dwight sees FY23 reported gross margin up 100-120 bps
- 02/03/23
- Church & Dwight raises quarterly dividend 4% to 27.25c per share
- 09/06/22
- Church & Dwight to acquire Hero Mighty Patch for $630M
- 02/07/23 Oppenheimer
- Church & Dwight added back to Top Pick status at Oppenheimer
- 02/06/23 Deutsche Bank
- Deutsche Bank keeps Buy on Church & Dwight, raises price target to $91
- 02/06/23 Stifel
- Church & Dwight price target raised to $85 from $79 at Stifel
- 02/06/23 Atlantic Equities
- Church & Dwight upgraded to Neutral from Underweight at Atlantic Equities
- 02/03/23
- Church & Dwight sees Q1 adjusted EPS 75c, consensus 79c
- 02/03/23
- Church & Dwight sees FY23 adjusted EPS growth 0%-4%, consensus $3.09
- 02/03/23
- Church & Dwight reports Q4 adjusted EPS 62c, consensus 60c
- 02/02/23
- Notable companies reporting before tomorrow's open
- 02/06/23
- Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations
- 11/07/22
- Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations
- 10/18/22
- Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations
- 10/17/22
- What You Missed On Wall Street On Monday
- 01/17/23
- Early notable gainers among liquid option names on January 17th
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Recommendations
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Oppenheimer is "even… Oppenheimer is "even more positive" on the longer-term Church & Dwight bull case following the company's analyst day and is re-adding to top pick status. A few key positives emerged for the firm, namely the bar being now reset for 2023, management having clearly pivoted away from the Flawless brand and explicitly highlighted a desire for M&A in fast moving consumable brands more in line with Church & Dwight's sweet spot, setup now positioned for a meaningful acceleration in fundamentals in late 2023 and into 2024, upside earnings delivery potential now existing in 2024, recent M&A performing quite well with Hero driving upside, and tone of management that has much improved compared with its November meeting. Oppenheimer has an Outperform rating on the shares with a price target of $93. ShowHide Related Items >><< - 02/03/23
- Church & Dwight sees FY23 reported gross margin up 100-120 bps
- 02/03/23
- Church & Dwight raises quarterly dividend 4% to 27.25c per share
- 09/06/22
- Church & Dwight to acquire Hero Mighty Patch for $630M
- 02/06/23 Deutsche Bank
- Deutsche Bank keeps Buy on Church & Dwight, raises price target to $91
- 02/06/23 Stifel
- Church & Dwight price target raised to $85 from $79 at Stifel
- 02/06/23 Atlantic Equities
- Church & Dwight upgraded to Neutral from Underweight at Atlantic Equities
- 01/17/23 Credit Suisse
- Church & Dwight upgraded to Outperform from Neutral at Credit Suisse
- 02/03/23
- Church & Dwight sees Q1 adjusted EPS 75c, consensus 79c
- 02/03/23
- Church & Dwight sees FY23 adjusted EPS growth 0%-4%, consensus $3.09
- 02/03/23
- Church & Dwight reports Q4 adjusted EPS 62c, consensus 60c
- 02/02/23
- Notable companies reporting before tomorrow's open
- 02/06/23
- Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations
- 11/07/22
- Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations
- 10/18/22
- Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations
- 10/17/22
- What You Missed On Wall Street On Monday
- 01/17/23
- Early notable gainers among liquid option names on January 17th
|
On The Fly
| ShowHide Related Items >><< - 01/11/23
- Essential Utilities' Aqua Ohio agrees to purchase URS system for $25.5M
- 01/03/23
- Essential Utilities to sell West Virginia gas utility assets to Hope Gas
- 11/08/22
- Essential Utilities says Jeanne Russo joins as VP communications ,Nair as CIO
- 10/25/22
- Essential Utilities unit Aqua Pennsylvania gets treatment facility approval
- 01/24/23
- NYSE sees unusual number of halted stocks at open due to exchange issues
- 01/24/23
- Verizon trading resumes
- 01/24/23
- Verizon trading halted, volatility trading pause
- 01/24/23
- Verizon expects capital spending of $17B in 2024
- 12/01/22
- Marriott Vacations raises quarterly dividend by 16% to 72c per share
- 02/01/23
- T-Mobile sees FY23 postpet net customer additions 5M-5.5M
- 01/19/23
- T-Mobile says it may incur 'significant expenses' over cyber incident
- 01/09/23
- Siyata Mobile to launch SD7 device across T-Mobile IoT data network
- 01/05/23
- Delta, T-Mobile to partner on free in-flight Wi-Fi for SkyMiles members
- 01/25/23
- AT&T says outlook 'conservative' given economic uncertainty
- 01/25/23
- AT&T says ARPU growth continuing to come in ahead of expectations
- 01/25/23
- AT&T expects 'challenging' macroeconomic environment near term
- 01/25/23
- AT&T expects profit growth to continue in 2023
- 01/31/23
- Spotify rises 9.8%
- 01/31/23
- Spotify reports Q4 MAUs up 20% y/y to 489M
- 01/26/23
- Spotify tweets 'everything's looking much better now'
- 01/26/23
- Spotify says 'something's not quite right,' company investigating
- $105.22 /
+0.635 (+0.61%) - 02/01/23
- Splunk to cut 4% of global workforce, mostly in North America
- 02/01/23
- Splunk announces plans to cut 4% of global workforce, mostly in North America
- 01/23/23
- Splunk announces Brian Roberts as CFO
- 12/01/22
- Splunk announces five-year extension of collaboration agreement with AWS
- 01/19/23
- Seagen announces FDA accelerated approval of TUKYSA-trastuzumab combo
- 01/10/23
- Pieris Pharmaceuticals announces $5M milestone from Seagen
- 12/20/22
- Seagen, Astellas and Merck announce FDA acceptance of sBLA in urothelial cancer
- 12/20/22
- Astellas, Seagen, and Merck announce priority review for Padcev and Keytruda
- $316.99 /
-26.26 (-7.65%) - 02/03/23
- RH says certain financial statements 'should no longer be relied upon'
- 02/03/23
- RH sees FY22 revenue growth at low end of prior range of (3.5%)-(4.5%)
- 12/08/22
- RH says Q3 gross margin contracted 50bps
- 12/08/22
- RH to acquire Dmitriy & Co
- 09/07/22
- Rexford Industrial announces $339M of acquisitions
- 01/31/23
- PayPal confirms reducing global workforce by about 2,000 full time employees
- 01/12/23
- PayPal's Xoom service expands debit card deposit feature
- 01/09/23
- Netflix names Jeffrey Karbowski as Principal Accounting Officer
- 12/14/22
- ConsenSys teams with PayPal for new way to buy crypto in MetaMask
LINK Interlink Electronics - 01/17/23
- Interlink Electronics reports FY22 revenue $7.5M
- 12/19/22
- Interlink Electronics acquires SPEC Sensors and KWJ Engineering for $2M
- 09/19/22
- Interlink Electronics names Peter Roussak as VP, general counsel
- 01/24/23
- Goosehead Insurance partners with Association of Independent Mortgage Experts
- 01/11/23
- Goosehead Insurance announces strategic partnership with NAMB
- 11/14/22
- Goosehead Insurance CFO Jones sells approximately 85K shares of stock
- 09/12/22
- Goosehead Insurance announces Jones as new CFO
- 11/29/22
- Datadog announces new integration with Amazon Security Lake
- 11/09/22
- Datadog director buys $50M in common stock
- 11/03/22
- Datadog acquires Cloudcraft; terms not disclosed
- 10/19/22
- Datadog, AllCloud launch Managed Monitoring solution
- 02/03/23
- Church & Dwight sees FY23 reported gross margin up 100-120 bps
- 02/03/23
- Church & Dwight raises quarterly dividend 4% to 27.25c per share
- 09/06/22
- Church & Dwight to acquire Hero Mighty Patch for $630M
- 11/23/22
- Celsius Holdings, Professional Fighters League enters multi-year deal
- 08/10/22
- Celsius Holdings to replace American Campus in S&P 400 at open on 8/10
- 08/10/22
- Clearfield to replace Celsius Holdings in S&P 600 at open on 8/10
- 12/22/22
- BridgeBio initiates Phase 3 trial CALIBRATE study of encaleret
- 11/03/22
- BridgeBio sees cash runway into 2024
- 10/14/22
- BridgeBio presents 12-month results from Phase 2 study of BBP-418
- 10/14/22
- LianBio: BridgeBio says Helsinn discontinuing distribution of Truseltiq
- 02/06/23 Wells Fargo
- Spotify upgraded to Overweight from Equal Weight at Wells Fargo
- 02/06/23 Atlantic Equities
- Spotify upgraded to Overweight from Neutral at Atlantic Equities
- 02/01/23 Truist
- Spotify price target raised to $132 from $115 at Truist
- 02/01/23 Rosenblatt
- Spotify price target raised to $110 from $87 at Rosenblatt
- $105.22 /
+0.635 (+0.61%) - 02/06/23 KeyBanc
- Splunk upgraded to Overweight from Sector Weight at KeyBanc
- 01/17/23 Guggenheim
- Splunk downgraded to Neutral from Buy at Guggenheim
- 12/15/22 Wedbush
- Wedbush initiates Splunk with a Neutral and $86 price target
- 12/14/22 Wedbush
- Splunk initiated with a Neutral at Wedbush
- 02/06/23 Deutsche Bank
- Deutsche Bank keeps Buy on Church & Dwight, raises price target to $91
- 02/06/23 Stifel
- Church & Dwight price target raised to $85 from $79 at Stifel
- 02/06/23 Atlantic Equities
- Church & Dwight upgraded to Neutral from Underweight at Atlantic Equities
- 01/17/23 Credit Suisse
- Church & Dwight upgraded to Outperform from Neutral at Credit Suisse
- 02/06/23 Wedbush
- Wedbush upgrades Celsius Holdings to Outperform, raises price target to $115
- 02/06/23 Wedbush
- Celsius Holdings upgraded to Outperform from Neutral at Wedbush
- 01/06/23 BofA
- BofA starts Celsius with a Neutral as strong sales runway reflected in shares
- 01/06/23 BofA
- Celsius Holdings initiated with a Neutral at BofA
- 02/06/23 UBS
- Essential Utilities upgraded to Buy from Neutral at UBS
- 02/06/23 UBS
- Essential Utilities upgraded to Buy from Neutral at UBS
- 09/09/22 BofA
- Essential Utilities downgraded to Neutral at BofA following PA setbacks
- 09/09/22 BofA
- Essential Utilities downgraded to Neutral from Buy at BofA
- 02/06/23 Morgan Stanley
- PayPal price target lowered to $133 at Morgan Stanley ahead of earnings
- 02/06/23 Raymond James
- PayPal downgraded to Market Perform from Outperform at Raymond James
- 01/31/23 Deutsche Bank
- PayPal price target lowered to $100 from $140 at Deutsche Bank
- 01/25/23 Oppenheimer
- PayPal price target lowered to $85 from $99 at Oppenheimer
- 02/06/23 KeyBanc
- Datadog downgraded to Sector Weight from Overweight at KeyBanc
- 01/27/23 BTIG
- Datadog downgraded to Neutral from Buy at BTIG
- 01/26/23 Cantor Fitzgerald
- Datadog initiated with an Overweight at Cantor Fitzgerald
- 01/25/23 Cantor Fitzgerald
- Datadog initiated with an Overweight at Cantor Fitzgerald
- 02/06/23 MoffettNathanson
- T-Mobile downgraded at MoffettNathanson amid 'great deceleration'
- 02/06/23 MoffettNathanson
- T-Mobile downgraded to Market Perform from Outperform at MoffettNathanson
- 02/03/23 Citi
- T-Mobile price target raised to $176 from $174 at Citi
- 02/02/23 RBC Capital
- T-Mobile price target raised to $172 from $166 at RBC Capital
- 01/26/23 Citi
- Verizon price target raised to $42 from $39 at Citi
- 01/25/23 TD Cowen
- Verizon price target lowered to $49 from $55 at Cowen
- 01/25/23 RBC Capital
- Verizon price target lowered to $40 from $42 at RBC Capital
- 01/26/23 TD Cowen
- AT&T price target raised to $25 from $24 at Cowen
- 01/24/23 Citi
- AT&T price target raised to $22 from $20 at Citi
- 01/13/23 Truist
- American Tower price target lowered to $275 from $325 at Truist
- $316.99 /
-26.26 (-7.65%) - 02/06/23 Wedbush
- RH price target raised to $335 from $270 at Wedbush
- 02/06/23 Telsey Advisory
- RH downgraded to Market Perform at Telsey Advisory following 29% rally
- 02/06/23 Citi
- RH price target raised to $380 from $305 at Citi
- 02/06/23 Telsey Advisory
- RH downgraded to Market Perform from Outperform at Telsey Advisory
- 02/06/23 SVB Securities
- SVB Securities downgrades Seagen to Market Perform, lowers price target to $141
- 02/06/23 SVB Securities
- Seagen downgraded to Market Perform from Outperform at SVB Securities
- 01/30/23 Truist
- Truist sees potential pressure on Seagen's Padcev in Q4
- 01/25/23 Berenberg
- Seagen price target lowered to $170 from $183 at Berenberg
- 02/06/23 BofA
- BofA starts Marriott Vacations at Neutral amid questions on sustainability
- 02/06/23 BofA
- Marriott Vacations initiated with a Neutral at BofA
- 02/03/23 Jefferies
- Marriott Vacations price target lowered to $184 from $195 at Jefferies
- 11/15/22 Truist
- Marriott Vacations price target raised to $205 from $202 at Truist
LINK Interlink Electronics - 02/06/23 Maxim
- Interlink Electronics initiated with a Buy at Maxim
- 02/06/23 TD Cowen
- BridgeBio initiated with an Outperform at Cowen
- 08/24/22 Mizuho
- BridgeBio price target lowered to $23 from $25 at Mizuho
- 08/05/22 JPMorgan
- BridgeBio selloff on Alnylam readout overdone, says JPMorgan
- 07/26/22 Piper Sandler
- BioMarin competitor BridgeBio data falls short, says Piper Sandler
- 02/06/23 Credit Suisse
- Goosehead Insurance initiated with an Outperform at Credit Suisse
- 01/19/23 BMO Capital
- Goosehead Insurance initiated with a Market Perform at BMO Capital
- 10/27/22 Truist
- Goosehead Insurance price target lowered to $40 from $55 at Truist
- 10/27/22 RBC Capital
- Goosehead Insurance price target lowered to $75 from $100 at RBC Capital
- 02/06/23 BMO Capital
- Rexford Industrial initiated with an Outperform at BMO Capital
- 10/24/22 Baird
- Rexford Industrial price target lowered to $71 from $77 at Baird
- 10/18/22 Wells Fargo
- Rexford Industrial price target lowered to $58 from $80 at Wells Fargo
- 10/12/22 Stifel
- Rexford Industrial initiated with a Buy at Stifel
- 01/11/23
- Essential Utilities sees FY23 EPS $1.85-$1.90, consensus $1.90
- 01/11/23
- Essential Utilities affirms FY22 EPS view of $1.75-$1.80, consensus $1.79
- 11/07/22
- Essential Utilities backs FY22 EPS $1.75-1.80, consensus $1.78
- 11/07/22
- Essential Utilities reports Q3 EPS 26c, consensus 22c
- 01/24/23
- Verizon sees 2023 adjusted EPS $4.55-$4.85, consensus $4.99
- 01/24/23
- Verizon reports Q4 adjusted EPS $1.19, consensus $1.19
- 01/23/23
- Notable companies reporting before tomorrow's open
- 10/31/22
- Marriott Vacations raises FY22 adjusted EPS to $10.20-$10.64, consensus $9.94
- 10/31/22
- Marriott Vacations reports Q3 adjusted EPS $3.02, consensus $2.60
- 08/08/22
- Marriott Vacations sees FY22 adjusted EPS $9.47-$10.35, consensus $9.49
- 08/08/22
- Marriott Vacations reports Q2 adjusted EPS $2.87, consensus $2.27
- 02/01/23
- T-Mobile reports Q4 EPS $1.18, consensus $1.10
- 01/31/23
- Notable companies reporting before tomorrow's open
- 01/04/23
- T-Mobile sees FY22 postpaid net customer additions 6.4M
- 01/25/23
- AT&T sees FY23 adjusted EPS $2.35-$2.45, consensus $2.56
- 01/25/23
- AT&T reports Q4 adjusted EPS 61c, consensus 57c
- 01/24/23
- Notable companies reporting before tomorrow's open
- 01/31/23
- Spotify sees Q1 revenue EUR 3.1B, gross margin 24.9%
- 01/31/23
- Spotify reports Q4 EPS (EUR 1.40) vs. (EUR 0.20) last year
- 10/25/22
- Spotify reports Q3 Operating loss EUR (228M) vs. profit EUR 75M prior
- $105.22 /
+0.635 (+0.61%) - 11/30/22
- Splunk raises FY23 revenue view to $3.455B-$3.485B from $3.35B-$3.4B
- 11/30/22
- Splunk sees Q4 revenue $1.055B-$1.085B, consensus $1.06B
- 11/30/22
- Splunk reports Q3 adjusted EPS 83c, consensus 25c
- 11/30/22
- Notable companies reporting after market close
- 10/27/22
- Seagen raises FY22 revenue $1.82B-$1.865B from $1.71B-$1.795B
- 10/27/22
- Seagen reports Q3 EPS ($1.03), consensus (95c)
- $316.99 /
-26.26 (-7.65%) - 12/08/22
- RH narrow FY22 revenue growth view to down 4.5% to down 3.5%
- 12/08/22
- RH reports Q3 EPS $5.67, consensus $4.70
- 12/08/22
- Notable companies reporting after market close
- 09/08/22
- RH sees Q3 revenue down 18% to down 15%
- 10/19/22
- Rexford Industrial raises 2022 core FFO view to $1.93-$1.95 from $1.87-$1.90
- 10/19/22
- Rexford Industrial reports Q3 core FFO 50c, consensus 48c
- 12/07/22
- PayPal CEO sees results 'slightly ahead' of EPS guidance
- 11/03/22
- PayPal says plan to deliver FY23 EPS growth of 'no less than 15%'
- 11/03/22
- PayPal sees Q4 EPS $1.18-$1.20, consensus $1.18
- 11/03/22
- PayPal raises FY22 EPS view to $4.07-$4.09, consensus $3.93
- 10/26/22
- Goosehead Insurance cuts FY22 revenue view to $194M-$205M from $197M-$212M
- 10/26/22
- Goosehead Insurance reports Q3 core EPS 24c, consensus 19c
- 09/13/22
- Goosehead Insurance reaffirms FY22 revenue view $194M-$205M, consensus $201.73M
- 11/03/22
- Datadog sees Q4 adjusted EPS 18c-20c, consensus 14c
- 11/03/22
- Datadog sees FY22 adjusted EPS 90c-92c, consensus 79c
- 11/03/22
- Datadog reports Q3 adjusted EPS 23c, consensus 16c
- 11/02/22
- Notable companies reporting before tomorrow's open
- 02/03/23
- Church & Dwight sees Q1 adjusted EPS 75c, consensus 79c
- 02/03/23
- Church & Dwight sees FY23 adjusted EPS growth 0%-4%, consensus $3.09
- 02/03/23
- Church & Dwight reports Q4 adjusted EPS 62c, consensus 60c
- 02/02/23
- Notable companies reporting before tomorrow's open
- 11/09/22
- Celsius Holdings reports Q3 EPS ($2.46) with items, consensus 10c
- 08/09/22
- Celsius Holdings reports Q2 EPS 12c, consensus 8c
- 11/03/22
- BridgeBio reports Q3 EPS (93c), consensus (99c)
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Recommendations
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Deutsche Bank analyst… Deutsche Bank analyst Steve Powers raised the firm's price target on Church & Dwight to $91 from $90 and keeps a Buy rating on the shares following Q4 results. The firm notes the company delivered better-than-anticipated Q4 results, and provided generally in-line full year 2023 guidance-thereafter delivering affirmative investor day messaging that underscored a return to evergreen growth in 2024; confidence in achieving pre-pandemic gross margin levels over time; pricing assertiveness with a portfolio well-positioned to gain market share during macro downturns; distribution opportunities across power/acquired brands and international markets; digital acceleration; and a continued commitment to drive marketing behind innovation and improving service levels. ShowHide Related Items >><< - 02/03/23
- Church & Dwight sees FY23 reported gross margin up 100-120 bps
- 02/03/23
- Church & Dwight raises quarterly dividend 4% to 27.25c per share
- 09/06/22
- Church & Dwight to acquire Hero Mighty Patch for $630M
- 02/06/23 Stifel
- Church & Dwight price target raised to $85 from $79 at Stifel
- 02/06/23 Atlantic Equities
- Church & Dwight upgraded to Neutral from Underweight at Atlantic Equities
- 01/17/23 Credit Suisse
- Church & Dwight upgraded to Outperform from Neutral at Credit Suisse
- 01/16/23 Morgan Stanley
- Church & Dwight upgraded to Overweight from Equal Weight at Morgan Stanley
- 02/03/23
- Church & Dwight sees Q1 adjusted EPS 75c, consensus 79c
- 02/03/23
- Church & Dwight sees FY23 adjusted EPS growth 0%-4%, consensus $3.09
- 02/03/23
- Church & Dwight reports Q4 adjusted EPS 62c, consensus 60c
- 02/02/23
- Notable companies reporting before tomorrow's open
- 11/07/22
- Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations
- 10/18/22
- Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations
- 10/17/22
- What You Missed On Wall Street On Monday
- 10/17/22
- What You Missed On Wall Street This Morning
- 01/17/23
- Early notable gainers among liquid option names on January 17th
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Recommendations
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Stifel analyst Mark… Stifel analyst Mark Astrachan raised the firm's price target on Church & Dwight to $85 from $79 and keeps a Hold rating on the shares following the company's "solid" Q4. Though the firm reduced its 2023-2024 EPS estimates "slightly" to reflect lower anticipated 2023 earnings, it views the shares as having "modestly more potential upside than downside at current levels." ShowHide Related Items >><< - 02/03/23
- Church & Dwight sees FY23 reported gross margin up 100-120 bps
- 02/03/23
- Church & Dwight raises quarterly dividend 4% to 27.25c per share
- 09/06/22
- Church & Dwight to acquire Hero Mighty Patch for $630M
- 02/06/23 Atlantic Equities
- Church & Dwight upgraded to Neutral from Underweight at Atlantic Equities
- 01/17/23 Credit Suisse
- Church & Dwight upgraded to Outperform from Neutral at Credit Suisse
- 01/16/23 Morgan Stanley
- Church & Dwight upgraded to Overweight from Equal Weight at Morgan Stanley
- 01/13/23 JPMorgan
- Church & Dwight price target raised to $81 from $75 at JPMorgan
- 02/03/23
- Church & Dwight sees Q1 adjusted EPS 75c, consensus 79c
- 02/03/23
- Church & Dwight sees FY23 adjusted EPS growth 0%-4%, consensus $3.09
- 02/03/23
- Church & Dwight reports Q4 adjusted EPS 62c, consensus 60c
- 02/02/23
- Notable companies reporting before tomorrow's open
- 11/07/22
- Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations
- 10/18/22
- Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations
- 10/17/22
- What You Missed On Wall Street On Monday
- 10/17/22
- What You Missed On Wall Street This Morning
- 01/17/23
- Early notable gainers among liquid option names on January 17th
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Upgrade
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Atlantic Equities analyst… Atlantic Equities analyst Edward Lewis upgraded Church & Dwight to Neutral from Underweight with an $80 price target. The company has come through a "challenging period," with sales declining at key brands and gross margins contracting for three consecutive years, the analyst tells investors in a research note. However, these headwinds will begin to abate in the first half of 2023 with gross margins expected to expand and sales growth to accelerate through the year, contends the firm. The analyst sees a more balanced risk/reward following the stock's recent underperformance. ShowHide Related Items >><< - 02/03/23
- Church & Dwight sees FY23 reported gross margin up 100-120 bps
- 02/03/23
- Church & Dwight raises quarterly dividend 4% to 27.25c per share
- 09/06/22
- Church & Dwight to acquire Hero Mighty Patch for $630M
- 01/17/23 Credit Suisse
- Church & Dwight upgraded to Outperform from Neutral at Credit Suisse
- 01/16/23 Morgan Stanley
- Church & Dwight upgraded to Overweight from Equal Weight at Morgan Stanley
- 01/13/23 JPMorgan
- Church & Dwight price target raised to $81 from $75 at JPMorgan
- 12/06/22 Deutsche Bank
- Church & Dwight price target raised to $90 from $85 at Deutsche Bank
- 02/03/23
- Church & Dwight sees Q1 adjusted EPS 75c, consensus 79c
- 02/03/23
- Church & Dwight sees FY23 adjusted EPS growth 0%-4%, consensus $3.09
- 02/03/23
- Church & Dwight reports Q4 adjusted EPS 62c, consensus 60c
- 02/02/23
- Notable companies reporting before tomorrow's open
- 11/07/22
- Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations
- 10/18/22
- Street Wrap: Today's Top 15 Upgrades, Downgrades, Initiations
- 10/17/22
- What You Missed On Wall Street On Monday
- 10/17/22
- What You Missed On Wall Street This Morning
- 01/17/23
- Early notable gainers among liquid option names on January 17th
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