Food Companies

Shares of Calyxt Inc (NASDAQ: CLXT) gained more than 7 percent Monday after analysts at BMO Capital Markets initiated coverage of the food and agriculture company with a bullish rating. The firm's Kenneth Zaslow slapped an Outperform rating on Calyxt's stock with a $32 price target. Calyxt is...

Analysts at Stifel cited four reasons to turn bullish on Conagra Brands Inc (NYSE: CAG). The firm's Christopher Growe upgraded Conagra's stock rating from Hold to Buy with a price target boosted from $36 to $38 after hosting a meeting with senior members of the company's management team. 1....

Shares of Tyson Foods, Inc. (NYSE: TSN) gained more than 7 percent on Friday after the company revised its earnings outlook higher. Tyson revised its full year earnings per share guidance from a prior range of $4.95 to $5.05 to a new range of $5.20 to $5.30 per share. Looking forward to the next...

Analysts at Morgan Stanley have an appetite for Hostess Brands, Inc. (NASDAQ: TWNK)'s growth story but not so much for the stock. The firm's Matthew Grainger initiated coverage of Hostess Brands' stock with an Equal-Weight rating and $14 price target. Hostess Brands, the maker of the popular snack...

Analysts at Argus Research Company turned bullish on United Natural Foods, Inc. (NASDAQ: UNFI) after the company "strengthened" its balance sheet and offered investors "solid" guidance for the full-year in its fourth-quarter earnings report. The firm's David Coleman upgrades United Natural Foods'...

General Mills, Inc. (NYSE: GIS) reported this week an earnings miss, which prompted a sell-off in the maker of Cheerios and other food products. But the stock's 6-percent decline in reaction to the earnings report is being seen by some on the Street as an attractive buying opportunity. Citi: Buy...

When analysts at Piper Jaffray downgraded Kellogg Company (NYSE: K), they highlighted an ongoing trend that could hurt food makers: Grocery stores are redesigning stores to decrease shelf space. Move aside, dry cereals; hello there, refrigerator-cased breakfast options! Needless to say, food...

Berkshire Hathaway Inc. (NYSE: BRK-A) CEO Warren Buffett has a lesson on the importance of owning a portfolio of brands: more isn't necessarily better. Brands and retailers have been engaged in a battle for years, as retailers want to buy products at the lowest possible price and can even...

The food sector could see a major M&A move amid pressure from an activist investor. Keith Meister's hedge fund Corvex Management owns a $400 million stake of the France-based company Danone and is could be behind a push to sell the company, the New York Post reported. But Meister's campaign to...

Investors made it clear they weren't satisfied with McCormick & Company, Incorporated (NYSE: MKC)'s $4.2 billion acquisition of Reckitt Benckiser's food business which includes Frank's RedHot sauce and French's mustard -- and for good reason. Shares of McCormick lost more...

Shares of PepsiCo, Inc. (NYSE: PEP) were trading lower by around 0.50 percent early Tuesday morning even though the company reported a top- and bottom-line beats in its earnings report. PepsiCo earned $1.50 per share in the second quarter on revenue of $15.71 billion while analysts were expecting...

Analysts at Loop Capital Markets initiated coverage of two food merchandising companies on Tuesday with a favorable outlook: The Chefs Warehouse, Inc (NASDAQ: CHEF) and Performance Food Group Co (NYSE: PFGC). Chefs Warehouse Loop Capital's Andrew Wolf initiated coverage of The Chef's Warehouse with...

Shares of Mondelez International Inc (NASDAQ: MDLZ) gained more than 1 percent early Monday morning after the Wall Street Journal reported Sunday that the snack-maker is looking to oust its CEO Irene Rosenfeld. Mondelez's move to find a successor to Rosenfeld stems from increased pressure from...

Kraft Heinz Co (NASDAQ: KHC)'s failed takeover of Unilever plc (ADR) (NYSE: UL) earlier this year has left the British consumer goods company "highly energized." According to a Bloomberg report, Unilever's CEO Paul Polman told reporters the entire company, from members of the board down to...