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Kraft Heinz analyst roundup: Barclays says company starts year with estimate beat, but food companies setting narrative of organic sales growth to slow; Evercore raises target US$1 to US$46, lifts 2023/2024 EPS estimates on stronger gross margin recovery
Published: May 26, 2023 by Industry Intelligence Inc.
Tyson Foods analyst roundup: BMO maintains at market perform but slashes target to US$48 from US$66, as fiscal Q2 loss widely misses consensus on underperforming core commodity protein portfolio; Barclays reiterates underweight rating, calls outlook grim
Published: May 26, 2023 by Industry Intelligence Inc.
Ocado Group is set to lose its spot on London’s FTSE 100, move to FTSE 250 amid share price slump by over a third in the past six months as shoppers cut back on spending; company's losses widen to more than £500M over 2022
Published: May 26, 2023 by Press Association Top News
Analysts on Costco: Goldman Sachs maintains buy and raises target US$10 to US$545, noting Q3 earnings miss due to one-time charge; Roth MKM cuts target US$11 to US$482, believes company facing headwinds, including pressured discretionary/big-ticket items
Published: May 26, 2023 by Investing.com
Grove Collaborative announces reverse stock split of the company’s common stock at a 1-for-5 ratio; reverse stock split is expected to be effective after market close on June 5
Published: May 25, 2023 by Grove Collaborative Inc.

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