Macquarie Research

Spotify Technology SA (NYSE: SPOT) shares climbed in early trading on Wednesday, after the company reported better-than-expected fourth-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Morgan Stanley On Spotify Technology...

There are too many structural and macro headwinds at The Walt Disney Company (NYSE:DIS) to support its previous rating, Macquarie Research told investors Friday. As a result, analysts at the firm downgraded the stock accordingly. This is the second time Disney has been downgraded by any analyst...

A new analyst has jumped in the bullish camp for a leader in online sports betting and iGaming. The DraftKings Analyst: Macquarie Research analyst Chad Beynon initiates DraftKings Inc (NASDAQ: DKNG) stock with an Outperform rating and a price target of $65. The DraftKings Takeaways:...

Boston Beer Company Inc (NYSE: SAM), the parent company of Sam Adams, reached an agreement to acquire Dogfish Head Brewery. This could prove to be "trophy material," according to Macquarie Research. The Analyst Macquarie analysts maintain a Neutral rating on Boston Beer with a price...

Constellation Brands, Inc. (NYSE: STZ) reported fourth-quarter results that came in better than expected. The company also announced an agreement to divest around 30 of its wine and spirits brands and related facilities for $1.7 billion. The Analysts Bank of America's Bryan Spillane maintains...

Alcohol company Constellation Brands, Inc. (NYSE: STZ) reached an agreement Wednesday to sell around 30 brands from its wine and spirits portfolio. What Happened Constellation Brands, perhaps best known for its Corona beer, will divest more than two dozen brands that retail for $11 and below,...

The market woke up Thursday to energetic interest in Monster Beverage Corporation (NASDAQ: MNST), which was surging after posting better-than-expected top-line results. Monster reported 15.8-percent organic sales growth in the fourth quarter, and its earnings per share of 43 cents beat...

Consumer products giant Procter & Gamble Co (NYSE: PG)'s presentation last week at the Consumer Analyst Group of New York conference prompted Macquarie Research to become incrementally bullish on the stock. The Analyst Analyst Caroline Levy maintained an Outperform rating on...

Boston Beer Company Inc (NYSE: SAM) is toasting a fourth-quarter bottom-line beat despite a top-line miss. The acheivement led one bear on the Street to upgrade the stock.  The Analyst  Macquarie Research analyst Caroline Levy upgraded Boston Beer from Underperform to Neutral and...

PepsiCo, Inc. (NASDAQ: PEP), under the leadership of new CEO Ramon Laguarta, is well-positioned to deliver sustainable 4-6-percent sales growth, according to Macquarie. The Analyst Analyst Caroline Levy upgraded PepsiCo from Neutral to Outperform with a price target lifted from $107 to $126....

Estee Lauder Companies Inc (NYSE: EL) is having a strong week after reporting a second-quarter earnings beat Tuesday. The Sell-Side Reacts  ◘ Although the company reported weak third-quarter and 2019 earnings guidance, Raymond James analyst Joseph Altobello reiterated an Outperform rating...

Younger alcohol drinkers are more health-conscious and want less sugar, alcohol and calories in their brews. At the same time, they want more choices, including hard seltzer waters and no-calorie beverages. These were some of the key takeaways for Macquarie Research from Harry Schuhmacher’s...

Coca-Cola Co (NYSE: KO)'s minority investment in sports drinks maker BodyArmor is a win-win scenario for both parties, according to Macquarie Research. The Analyst Analyst Caroline Levy maintained a Neutral rating on Coca-Cola with a 12-month price target of $50. (See Levy's track record...

The beer industry is facing challenging times as production volume stagnates. U.S. beer sales volume was down 1 percent in 2017, according to statistics from the Brewers Association. Craft beer, which accounted for about 8 percent of overall dollar sales, saw sales volume rise by 5 percent....

Shares of Anheuser Busch Inbev (NYSE: BUD) fell Thursday following the company’s third-quarter earnings release and decision to cut its dividend in half to compensate for rising debt. The Analysts Bank of America analyst Paul Steegers reiterated an Underperform rating and a price...