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General Mills' Sales Growth Dependent On Innovation In Yogurt
Thursday, June 30, 2016 - 3:10pm | 341Read More...CLSA analysts Michael Lavery and Will Gaertner think General Mills, Inc. (NYSE: GIS)'s sales upside is dependent on innovation in yogurt. The company's outlook is also weaker than expected by the Street analysts. As a result, the brokerage retained its Underperform rating and a price target of $65...
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Acuity Brands Has A Bright Future Due To Smart Lighting Orders
Thursday, June 30, 2016 - 1:07pm | 304Read More...CLSA analysts believe Acuity Brands, Inc. (NYSE: AYI) has a solid future citing Smart Light Orders. Their comments come on the heels of the company's third quarter results beating the expectations on 25 percent year-over-year growth in sales apart from 1.4 percentage point improvements in...
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PayPal Doesn't Deserve A Multiple Higher Than Visa, Mastercard
Wednesday, June 29, 2016 - 10:11am | 371Read More...Wells Fargo announced this week that starting August 1, it would offer real-time, mobile P2P services to its mobile banking users, joining Bank of America, JPMorgan and US Bank in working with the clearXchange network. The renewed P2P push by large banks is “a likely indication that overall...
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Monster's New Soda Line Looking To Move Pepsi's Mountain
Wednesday, June 15, 2016 - 12:42pm | 191Read More...Monster Beverage Corporation (NASDAQ: MNST) CEO Rodney Sacks didn't shy away from positioning his company's new carbonated soda line, Mutant, as a direct competitor to PepsiCo, Inc (NYSE: PEP)'s Mountain Dew, according to CLSA Americas Research. Analysts at CLSA detailed comments...
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Agrium Downgraded To Sell, But CLSA Raises Price Target
Thursday, June 9, 2016 - 2:54pm | 164Read More...Despite a recovering ag cycle, CLSA gets even more bearish on Agrium Inc. (USA) (NYSE: AGU). Earlier Thursday, CLSA released a note saying Agrium would need retail to have a dramatic uptick to keep up with its aspirations. One of the reasons for the downgrade is that there aren't any levers...
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CLSA On McDonald's: Expect Limited Growth In China Over Next 3 Years
Tuesday, June 7, 2016 - 5:38pm | 217Read More...CLSA's Jeremy Scott reiterated McDonald's Corporation (NYSE: MCD)'s Underperform rating and $128 price target. Scott was highly concerned with growth in China as the nation's economy deaccelerated. "The recent comp in McDonald's is likely to be muted going forward,...
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Yum Brands Up Nearly 15% In 2016; CLSA Remains Cautious On Outlook
Tuesday, June 7, 2016 - 3:49pm | 270Read More...Shares of Yum! Brands, Inc. (NYSE: YUM) had a strong start this year but since April shares have struggled to breakout. CLSA's Jeremy Scott feels the lack of upside conviction in Q2 is primarily due to brand fatigue and category exhaustion as the Chinese fast food market remains over-extended...
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CLSA Upgrades CF Industries To Buy Following Cancellation Of OCI Tax Inversion
Tuesday, June 7, 2016 - 3:41pm | 169Read More...Shares of CF Industries Holdings, Inc. (NYSE: CF) have rallied more than 2 percent Tuesday following an earlier upgrade to Buy via CLSA's Mark Connelly. CF shares have moved about 15 percent since the start of June. Connelly boosted his price target on shares from $33 to $34. The CLSA...
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Microsoft's Fundamentals Are 'Resilient' And Long-Term Strategy Is On Track
Tuesday, May 31, 2016 - 3:34pm | 610Read More...CLSA maintains its Outperform rating and $60 price target on Microsoft Corporation (NASDAQ: MSFT) saying that the company's "fundamentals are resilient and long-term strategy is on track. Shares of Microsoft, which makes the popular Windows OS, remain weak after it reported mixed results for its...
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Jim Cramer Cautions Against Investing In Norfolk Southern
Thursday, May 19, 2016 - 3:50pm | 207Read More...CNBC's Jim Cramer said investors should exercise caution before buying transport stocks such as Norfolk Southern Corp. (NYSE: NSC). "Beware! The transport stocks have been 'horrendous,' and it has really got a lot of people down about the market," Cramer said on CNBC's...
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CLSA Initiates Union Pacific At Sell, Cites Lack Of Export Opportunities
Thursday, May 19, 2016 - 1:35pm | 215Read More...CLSA's David Lipschitz Initiated Union Pacific Corporation (NYSE: UNP) at Sell with a price objective of $79.00. "We expect UNP's coal business to remain under pressure on inventory overhang and lack of export opportunities," said the CLSA analyst. Although Lipschitz noted a recent commodity rally...
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CLSA Initiates NXP Semi At Buy, Places $105 Target
Tuesday, May 17, 2016 - 10:47am | 333Read More...CLSA’s Christopher Caso believes after the successful acquisition of Freescale Semiconductor Ltd (NYSE: FSL), NXP Semiconductors NV (NASDAQ: NXPI) “has taken the lead as an industry consolidator, leveraging its scale to pursue a strategy focused on participating in market segments in...
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Las Vegas Sands' Dividend Is Among The Safest Out There
Monday, May 16, 2016 - 8:15pm | 277Read More...Las Vegas Sands Corp. (NYSE: LVS) shares closed Monday's session up about 1.5 percent; the stock slightly outperformed the Dow Jones Industrial Average and S&P 500, which closed up about 1 percent and 0.98 percent, respectively. Some traders attributed the modest strength in shares to...
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CLSA Talks With Mixpo: Sees Facebook As Top Pick, Twitter As Underperforming
Monday, May 16, 2016 - 8:05pm | 223Read More...Two analysts at CLSA, James Lee and Wei Fang, offered several takeaways from recent product calls by ad-tech firm Mixpo for Facebook Inc (NASDAQ: FB) and Twitter Inc (NYSE: TWTR). Amid the product calls, Lee and Fang reiterated Facebook as a Top Pick and remained cautious on Twitter. The...
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The Investment Case Against Sugar
Monday, May 16, 2016 - 12:00pm | 333Read More...Sugary drinks are not only bad for your health, they may also be bad for your investment portfolio. CLSA analyst Brian Doyle recently spoke with endocrinology and obesity expert Dr. Robert Lustig about the food industry’s long-term impact on the health of consumers. Dr. Lustig, who is a...
