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Periodicals
Constellation stock looks particularly attractive, Barron's says » 09:13
09/17/22
09/17
09:13
09/17/22
09:13
CPB

Campbell Soup

$47.68 /

+0.575 (+1.22%)

, KDP

Keurig Dr Pepper

$37.13 /

-0.1 (-0.27%)

, KO

Coca-Cola

$59.52 /

-0.03 (-0.05%)

, SPB

Spectrum Brands

$47.05 /

-2.35 (-4.76%)

, COTY

Coty

$7.70 /

-0.025 (-0.32%)

, NWL

Newell Brands

$16.30 /

-0.44 (-2.63%)

, STZ

Constellation Brands

$239.95 /

-0.59 (-0.25%)

, STZ.B

Constellation Brands; also tag STZ

$298.50 /

-5.5 (-1.81%)

Recession risks are…

Recession risks are growing and investors are looking for safety. But not all safe stocks are created equal, Ben Levisohn writes in this week's edition of Barron's. While Campbell Soup (CPB) has gained 9.7% this year, Keurig Dr Pepper (KDP) has risen 0.8% and Coca-Cola (KO) has advanced 0.6%, Spectrum Brands (SPB) has slumped 54%, Coty (COTY) has dropped 27%, and Newell Brands (NWL) has fallen 25%. Clearly, some staples stocks are safer than others, the author argues. Constellation Brands (STZ) looks particularly attractive. At 20 times 12-month forward earnings, the stock isn't cheap, but it's trading slightly below its five-year average of 21 times. Demand for beer remains strong, too, the publication adds. Reference Link

ShowHide Related Items >><<
STZ.B Constellation Brands; also tag STZ
$298.50 /

-5.5 (-1.81%)

STZ Constellation Brands
$239.95 /

-0.59 (-0.25%)

SPB Spectrum Brands
$47.05 /

-2.35 (-4.76%)

NWL Newell Brands
$16.30 /

-0.44 (-2.63%)

KO Coca-Cola
$59.52 /

-0.03 (-0.05%)

KDP Keurig Dr Pepper
$37.13 /

-0.1 (-0.27%)

CPB Campbell Soup
$47.68 /

+0.575 (+1.22%)

COTY Coty
$7.70 /

-0.025 (-0.32%)

CPB Campbell Soup
$47.68 /

+0.575 (+1.22%)

09/13/22 UBS
Campbell Soup's top-line guidance may be hard to achieve, says UBS
09/02/22 Piper Sandler
Campbell Soup price target lowered to $46 from $47 at Piper Sandler
08/25/22 JPMorgan
Campbell Soup price target raised to $49 from $46 at JPMorgan
08/22/22 Deutsche Bank
Campbell Soup price target raised to $50 from $49 at Deutsche Bank
KDP Keurig Dr Pepper
$37.13 /

-0.1 (-0.27%)

08/19/22 Jefferies
Jefferies concerned about potential Keurig acquisition of Vital
08/19/22 Bernstein
Keurig Dr Pepper may get Vital 'on the cheap,' says Bernstein
07/20/22 JPMorgan
Keurig Dr Pepper price target lowered to $42 from $44 at JPMorgan
06/21/22 UBS
Keurig Dr Pepper downgraded to Neutral from Buy at UBS
KO Coca-Cola
$59.52 /

-0.03 (-0.05%)

09/06/22 HSBC
Coca-Cola price target raised to $76 from $72 at HSBC
08/01/22 RBC Capital
RBC views Celsius distribution deal as positive for PepsiCo
07/27/22 Deutsche Bank
Coca-Cola price target raised to $65 from $64 at Deutsche Bank
07/20/22 JPMorgan
Coca-Cola price target lowered to $70 from $73 at JPMorgan
SPB Spectrum Brands
$47.05 /

-2.35 (-4.76%)

09/16/22 Deutsche Bank
Spectrum Brands price target lowered to $68 from $90 at Deutsche Bank
08/15/22 Deutsche Bank
Spectrum Brands price target lowered to $90 from $95 at Deutsche Bank
08/15/22 UBS
Spectrum Brands price target lowered to $100 from $109 at UBS
08/15/22 RBC Capital
Spectrum Brands price target lowered to $109 from $120 at RBC Capital
COTY Coty
$7.70 /

-0.025 (-0.32%)

09/14/22 BofA
Coty reinstated with a Buy rating, $12 target at BofA
09/14/22 BofA
Coty reinstated with a Buy at BofA
06/30/22 Piper Sandler
Coty initiated with a Neutral at Piper Sandler
06/24/22 Citi
Citi price target has Coty shares doubling from here
NWL Newell Brands
$16.30 /

-0.44 (-2.63%)

09/14/22 Jefferies
Newell Brands target lowered to $28, removed as 'Franchise Pick' at Jefferies
09/12/22 Barclays
Newell Brands price target lowered to $18 from $19 at Barclays
09/07/22 Raymond James
Newell Brands price target lowered to $23 from $26 at Raymond James
09/07/22 Deutsche Bank
Newell Brands price target lowered to $17 from $21 at Deutsche Bank
STZ Constellation Brands
$239.95 /

-0.59 (-0.25%)

09/15/22 JPMorgan
Constellation Brands price target raised to $287 from $263 at JPMorgan
08/02/22 BMO Capital
Constellation Brands initiated with an Outperform at BMO Capital
07/13/22 Redburn
Constellation Brands initiated with a Buy at Redburn
07/05/22 Barclays
Constellation Brands price target raised to $281 from $272 at Barclays
STZ.B Constellation Brands; also tag STZ
$298.50 /

-5.5 (-1.81%)

05/18/22 Bernstein
Bernstein upgrades Monster Beverage to Outperform, raises price target to $110
01/04/22 Wells Fargo
Constellation Brands price target raised to $300 from $265 at Wells Fargo
STZ Constellation Brands
$239.95 /

-0.59 (-0.25%)

SPB Spectrum Brands
$47.05 /

-2.35 (-4.76%)

NWL Newell Brands
$16.30 /

-0.44 (-2.63%)

KO Coca-Cola
$59.52 /

-0.03 (-0.05%)

KDP Keurig Dr Pepper
$37.13 /

-0.1 (-0.27%)

CPB Campbell Soup
$47.68 /

+0.575 (+1.22%)

COTY Coty
$7.70 /

-0.025 (-0.32%)

  • 10
    Nov
STZ Constellation Brands
$239.95 /

-0.59 (-0.25%)

SPB Spectrum Brands
$47.05 /

-2.35 (-4.76%)

KO Coca-Cola
$59.52 /

-0.03 (-0.05%)

KDP Keurig Dr Pepper
$37.13 /

-0.1 (-0.27%)

STZ.B Constellation Brands; also tag STZ
$298.50 /

-5.5 (-1.81%)

STZ Constellation Brands
$239.95 /

-0.59 (-0.25%)

SPB Spectrum Brands
$47.05 /

-2.35 (-4.76%)

NWL Newell Brands
$16.30 /

-0.44 (-2.63%)

KO Coca-Cola
$59.52 /

-0.03 (-0.05%)

KDP Keurig Dr Pepper
$37.13 /

-0.1 (-0.27%)

CPB Campbell Soup
$47.68 /

+0.575 (+1.22%)

COTY Coty
$7.70 /

-0.025 (-0.32%)

STZ Constellation Brands
$239.95 /

-0.59 (-0.25%)

KO Coca-Cola
$59.52 /

-0.03 (-0.05%)

KDP Keurig Dr Pepper
$37.13 /

-0.1 (-0.27%)

CPB Campbell Soup
$47.68 /

+0.575 (+1.22%)

COTY Coty
$7.70 /

-0.025 (-0.32%)

Recommendations
Spectrum Brands price target lowered to $68 from $90 at Deutsche Bank » 05:33
09/16/22
09/16
05:33
09/16/22
05:33
SPB

Spectrum Brands

$49.38 /

-9.44 (-16.05%)

Deutsche Bank analyst…

Deutsche Bank analyst Steve Powers lowered the firm's price target on Spectrum Brands to $68 from $90 and keeps a Buy rating on the shares. The analyst says the Justice Department suing to block the sale of the company's Hardware and Home Improvement business to Assa is a "material setback" for Spectrum and its investors.

ShowHide Related Items >><<
SPB Spectrum Brands
$49.38 /

-9.44 (-16.05%)

SPB Spectrum Brands
$49.38 /

-9.44 (-16.05%)

08/15/22 Deutsche Bank
Spectrum Brands price target lowered to $90 from $95 at Deutsche Bank
08/15/22 UBS
Spectrum Brands price target lowered to $100 from $109 at UBS
08/15/22 RBC Capital
Spectrum Brands price target lowered to $109 from $120 at RBC Capital
07/18/22 Oppenheimer
Spectrum Brands price target lowered to $95 from $125 at Oppenheimer
SPB Spectrum Brands
$49.38 /

-9.44 (-16.05%)

SPB Spectrum Brands
$49.38 /

-9.44 (-16.05%)

SPB Spectrum Brands
$49.38 /

-9.44 (-16.05%)

Hot Stocks
Spectrum Brands falls -14.1% » 12:00
09/15/22
09/15
12:00
09/15/22
12:00
SPB

Spectrum Brands

$50.59 /

-8.23 (-13.99%)

Spectrum Brands is down…

Spectrum Brands is down -14.1%, or -$8.32 to $50.51.

ShowHide Related Items >><<
SPB Spectrum Brands
$50.59 /

-8.23 (-13.99%)

SPB Spectrum Brands
$50.59 /

-8.23 (-13.99%)

08/15/22 Deutsche Bank
Spectrum Brands price target lowered to $90 from $95 at Deutsche Bank
08/15/22 UBS
Spectrum Brands price target lowered to $100 from $109 at UBS
08/15/22 RBC Capital
Spectrum Brands price target lowered to $109 from $120 at RBC Capital
07/18/22 Oppenheimer
Spectrum Brands price target lowered to $95 from $125 at Oppenheimer
SPB Spectrum Brands
$50.59 /

-8.23 (-13.99%)

SPB Spectrum Brands
$50.59 /

-8.23 (-13.99%)

SPB Spectrum Brands
$50.59 /

-8.23 (-13.99%)

Hot Stocks
Assa Abloy says 'will vigorously contest' DOJ effort to block deal with Spectrum » 11:15
09/15/22
09/15
11:15
09/15/22
11:15
SPB

Spectrum Brands

$53.18 /

-5.64 (-9.59%)

, ASAZY

Assa Abloy

$10.15 /

-0.1 (-0.98%)

After the U.S. Department…

After the U.S. Department of Justice announced that it will seek to block Assa Abloy's (ASAZY) proposed acquisition of the HHI division of Spectrum Brands (SPB), Assa Abloy and Spectrum Brands said they "strongly disagree with the Department of Justice's characterization of the proposed transaction, and will vigorously contest in court this effort by the DOJ to oppose the transaction." Nico Delvaux, President and CEO of Assa Abloy, stated: "We believe strongly in the acquisition of HHI as we together will increase investments in the residential segments and strengthen our combined product offering for the benefit of consumers." Assa Abloy and Spectrum Brands are "committed to completing the transaction and are confident that they will prevail in litigation," the company added. Reference Link

ShowHide Related Items >><<
SPB Spectrum Brands
$53.18 /

-5.64 (-9.59%)

ASAZY Assa Abloy
$10.15 /

-0.1 (-0.98%)

SPB Spectrum Brands
$53.18 /

-5.64 (-9.59%)

08/15/22 Deutsche Bank
Spectrum Brands price target lowered to $90 from $95 at Deutsche Bank
08/15/22 UBS
Spectrum Brands price target lowered to $100 from $109 at UBS
08/15/22 RBC Capital
Spectrum Brands price target lowered to $109 from $120 at RBC Capital
07/18/22 Oppenheimer
Spectrum Brands price target lowered to $95 from $125 at Oppenheimer
ASAZY Assa Abloy
$10.15 /

-0.1 (-0.98%)

08/05/22 Jefferies
Assa Abloy downgraded to Hold from Buy at Jefferies
07/21/22 Morgan Stanley
Assa Abloy price target raised to SEK 267 from SEK 261 at Morgan Stanley
07/20/22 Credit Suisse
Assa Abloy price target raised to SEK 280 from SEK 275 at Credit Suisse
07/12/22 Morgan Stanley
Assa Abloy price target lowered to SEK 261 from SEK 280 at Morgan Stanley
SPB Spectrum Brands
$53.18 /

-5.64 (-9.59%)

SPB Spectrum Brands
$53.18 /

-5.64 (-9.59%)

SPB Spectrum Brands
$53.18 /

-5.64 (-9.59%)

Hot Stocks
Spectrum Brands vows to 'vigorously oppose' DOJ suit on unit sale » 10:35
09/15/22
09/15
10:35
09/15/22
10:35
SPB

Spectrum Brands

$54.09 /

-4.73 (-8.04%)

, ASAZY

Assa Abloy

$10.15 /

-0.1 (-0.98%)

Spectrum Brands (SPB)…

Spectrum Brands (SPB) announced that it will "vigorously oppose" the Department of Justice's attempt to block the company's sale of its Hardware and Home Improvement business to Assa Abloy (ASAZY). Spectrum Brands and Assa "are committed to completing the transaction and are confident that they will prevail in litigation." On September 8, 2021, Spectrum Brands announced that it had signed an agreement to sell its HHI business to Assa for $4.3B in cash. Spectrum said in a statement, "The DOJ's lawsuit challenging the transaction ignores the realities of this dynamic industry and the highly competitive landscape of the residential security marketplace, in which there are many capable and vigorous competitors and rapid, easy entry by new firms. This transaction will only further increase HHI's ability to deliver the innovations consumers demand. The combined entity will deliver more value and innovation to customers and enhance competition overall in an ever-changing marketplace." David Maura, the company's Chief Executive Officer, said, "Despite disagreeing strongly with the DOJ's purported concerns, in the spirit of compromise - and to speed delivery of the concrete benefits this transaction offers all stakeholders - Spectrum Brands and ASSA ABLOY made numerous proposals to address the DOJ's concerns, each of which were rejected without a valid basis. Their choice to pursue litigation places political ideology above the interests of American consumers and workers. We are confident that the Court will agree with us and will allow us to close the transaction."

ShowHide Related Items >><<
SPB Spectrum Brands
$54.09 /

-4.73 (-8.04%)

ASAZY Assa Abloy
$10.15 /

-0.1 (-0.98%)

SPB Spectrum Brands
$54.09 /

-4.73 (-8.04%)

08/15/22 Deutsche Bank
Spectrum Brands price target lowered to $90 from $95 at Deutsche Bank
08/15/22 UBS
Spectrum Brands price target lowered to $100 from $109 at UBS
08/15/22 RBC Capital
Spectrum Brands price target lowered to $109 from $120 at RBC Capital
07/18/22 Oppenheimer
Spectrum Brands price target lowered to $95 from $125 at Oppenheimer
ASAZY Assa Abloy
$10.15 /

-0.1 (-0.98%)

08/05/22 Jefferies
Assa Abloy downgraded to Hold from Buy at Jefferies
07/21/22 Morgan Stanley
Assa Abloy price target raised to SEK 267 from SEK 261 at Morgan Stanley
07/20/22 Credit Suisse
Assa Abloy price target raised to SEK 280 from SEK 275 at Credit Suisse
07/12/22 Morgan Stanley
Assa Abloy price target lowered to SEK 261 from SEK 280 at Morgan Stanley
SPB Spectrum Brands
$54.09 /

-4.73 (-8.04%)

SPB Spectrum Brands
$54.09 /

-4.73 (-8.04%)

SPB Spectrum Brands
$54.09 /

-4.73 (-8.04%)

Hot Stocks
DOJ sues to block Assa Abloy deal to buy Spectrum Brands unit » 10:32
09/15/22
09/15
10:32
09/15/22
10:32
SPB

Spectrum Brands

$54.09 /

-4.73 (-8.04%)

, ASAZY

Assa Abloy

$10.15 /

-0.1 (-0.98%)

The U.S. Department of…

The U.S. Department of Justice filed a civil antitrust lawsuit to block Assa Abloy's (ASAZY) proposed $4.3B acquisition of the Hardware and Home Improvement division of its rival, Spectrum Brands Holdings (SPB). Assa and Spectrum are two of the three largest producers of residential door hardware in the concentrated, $2.4 billion U.S. industry, the DOJ said. The complaint, filed in the U.S. District Court for the District of Columbia, alleges that the merger would eliminate important head-to-head competition between ASSA ABLOY and Spectrum, risking higher prices, lower quality, reduced innovation and poorer service in the sale of at least two types of residential door hardware: premium mechanical door hardware and smart locks. The complaint, which seeks to enjoin the transaction under Section 7 of the Clayton Act, alleges that ASSA ABLOY and Spectrum have competed for years to be leaders in the U.S. markets for premium mechanical door hardware and for smart locks. The proposed transaction would transform these markets, giving Assa "a near-monopoly in premium mechanical door hardware and more than a 50% share in smart locks, leaving only one significant competitor," the DOJ said.

ShowHide Related Items >><<
SPB Spectrum Brands
$54.09 /

-4.73 (-8.04%)

ASAZY Assa Abloy
$10.15 /

-0.1 (-0.98%)

SPB Spectrum Brands
$54.09 /

-4.73 (-8.04%)

08/15/22 Deutsche Bank
Spectrum Brands price target lowered to $90 from $95 at Deutsche Bank
08/15/22 UBS
Spectrum Brands price target lowered to $100 from $109 at UBS
08/15/22 RBC Capital
Spectrum Brands price target lowered to $109 from $120 at RBC Capital
07/18/22 Oppenheimer
Spectrum Brands price target lowered to $95 from $125 at Oppenheimer
ASAZY Assa Abloy
$10.15 /

-0.1 (-0.98%)

08/05/22 Jefferies
Assa Abloy downgraded to Hold from Buy at Jefferies
07/21/22 Morgan Stanley
Assa Abloy price target raised to SEK 267 from SEK 261 at Morgan Stanley
07/20/22 Credit Suisse
Assa Abloy price target raised to SEK 280 from SEK 275 at Credit Suisse
07/12/22 Morgan Stanley
Assa Abloy price target lowered to SEK 261 from SEK 280 at Morgan Stanley
SPB Spectrum Brands
$54.09 /

-4.73 (-8.04%)

SPB Spectrum Brands
$54.09 /

-4.73 (-8.04%)

SPB Spectrum Brands
$54.09 /

-4.73 (-8.04%)

Hot Stocks
Spectrum Brands trading resumes  10:21
09/15/22
09/15
10:21
09/15/22
10:21
SPB

Spectrum Brands

$54.00 /

-4.82 (-8.19%)

 
ShowHide Related Items >><<
SPB Spectrum Brands
$54.00 /

-4.82 (-8.19%)

SPB Spectrum Brands
$54.00 /

-4.82 (-8.19%)

08/15/22 Deutsche Bank
Spectrum Brands price target lowered to $90 from $95 at Deutsche Bank
08/15/22 UBS
Spectrum Brands price target lowered to $100 from $109 at UBS
08/15/22 RBC Capital
Spectrum Brands price target lowered to $109 from $120 at RBC Capital
07/18/22 Oppenheimer
Spectrum Brands price target lowered to $95 from $125 at Oppenheimer
SPB Spectrum Brands
$54.00 /

-4.82 (-8.19%)

SPB Spectrum Brands
$54.00 /

-4.82 (-8.19%)

SPB Spectrum Brands
$54.00 /

-4.82 (-8.19%)

Hot Stocks
Spectrum Brands trading halted, volatility trading pause  10:16
09/15/22
09/15
10:16
09/15/22
10:16
SPB

Spectrum Brands

$56.67 /

-2.15 (-3.66%)

 
ShowHide Related Items >><<
SPB Spectrum Brands
$56.67 /

-2.15 (-3.66%)

SPB Spectrum Brands
$56.67 /

-2.15 (-3.66%)

08/15/22 Deutsche Bank
Spectrum Brands price target lowered to $90 from $95 at Deutsche Bank
08/15/22 UBS
Spectrum Brands price target lowered to $100 from $109 at UBS
08/15/22 RBC Capital
Spectrum Brands price target lowered to $109 from $120 at RBC Capital
07/18/22 Oppenheimer
Spectrum Brands price target lowered to $95 from $125 at Oppenheimer
SPB Spectrum Brands
$56.67 /

-2.15 (-3.66%)

SPB Spectrum Brands
$56.67 /

-2.15 (-3.66%)

SPB Spectrum Brands
$56.67 /

-2.15 (-3.66%)

Hot Stocks
Spectrum Brands extends selloff, shares down 9% to $53.57  10:07
09/15/22
09/15
10:07
09/15/22
10:07
SPB

Spectrum Brands

$59.50 /

+0.68 (+1.16%)

 
ShowHide Related Items >><<
SPB Spectrum Brands
$59.50 /

+0.68 (+1.16%)

SPB Spectrum Brands
$59.50 /

+0.68 (+1.16%)

08/15/22 Deutsche Bank
Spectrum Brands price target lowered to $90 from $95 at Deutsche Bank
08/15/22 UBS
Spectrum Brands price target lowered to $100 from $109 at UBS
08/15/22 RBC Capital
Spectrum Brands price target lowered to $109 from $120 at RBC Capital
07/18/22 Oppenheimer
Spectrum Brands price target lowered to $95 from $125 at Oppenheimer
SPB Spectrum Brands
$59.50 /

+0.68 (+1.16%)

SPB Spectrum Brands
$59.50 /

+0.68 (+1.16%)

SPB Spectrum Brands
$59.50 /

+0.68 (+1.16%)

Hot Stocks
Spectrum Brands drops 6% to $55.10 after Bloomberg report on unit sale  10:05
09/15/22
09/15
10:05
09/15/22
10:05
SPB

Spectrum Brands

$59.50 /

+0.68 (+1.16%)

 
ShowHide Related Items >><<
SPB Spectrum Brands
$59.50 /

+0.68 (+1.16%)

SPB Spectrum Brands
$59.50 /

+0.68 (+1.16%)

08/15/22 Deutsche Bank
Spectrum Brands price target lowered to $90 from $95 at Deutsche Bank
08/15/22 UBS
Spectrum Brands price target lowered to $100 from $109 at UBS
08/15/22 RBC Capital
Spectrum Brands price target lowered to $109 from $120 at RBC Capital
07/18/22 Oppenheimer
Spectrum Brands price target lowered to $95 from $125 at Oppenheimer
SPB Spectrum Brands
$59.50 /

+0.68 (+1.16%)

SPB Spectrum Brands
$59.50 /

+0.68 (+1.16%)

SPB Spectrum Brands
$59.50 /

+0.68 (+1.16%)

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