10 Biggest Price Target Changes For Thursday
Barclays raised the price target on PepsiCo, Inc. (NASDAQ: PEP) from $165 to $168. PepsiCo shares rose 0.6% to $155.85 in pre-market trading.
Credit Suisse Maintains Outperform on Constellation Brands, Raises Price Target to $280
Credit Suisse analyst Kaumil Gajrawala maintains Constellation Brands (NYSE:STZ) with a Outperform and raises the price target from $275 to $280.
Airlines Downgraded by Goldman Sachs Despite Higher Bookings
Wall Street appears to be living up to its roller coaster reputation as stock futures point to a lower open after yesterday’s rally. Inflation continues to be a concern for investors. European markets were shaken by European natural gas prices which exploded 13% overnight.
Canopy Growth Denies Cointreau’s Accusations In Trademark Battle Over Quatreau Brand Name
In July, the French alcohol maker Remy Cointreau (OTC: REMYF) sued Canopy Growth Corporation (NYSE: CGC) (TSX: WEED) for alleged trademark infringement over its CBD-infused sparkling water brand dubbed Quatreau.
Constellation Brands Reports Mixed Q2 Results; Lifts FY22 Comparable EPS Outlook
Constellation Brands Inc (NYSE:STZ) reported second-quarter FY22 sales growth of 5% year-on-year, to $2.37 billion, beating the analyst consensus of $2.30…
5 Stocks To Watch For October 6, 2021
Some of the stocks that may grab investor focus today are:
Wall Street expects Constellation Brands, Inc. (NYSE: STZ) to report quarterly earnings at $2.77 per share on revenue of $2.30 billion before the opening bell. Constellation shares fell 0.3% to $212.44 in after-hours trading.
Earnings Scheduled For October 6, 2021
Companies Reporting Before The Bell
• Acuity Brands (NYSE:AYI) is estimated to report quarterly earnings at $2.85 per share on revenue of $963.96 million.
A Glimpse of This Week’s Earnings Calendar
Last week ended with positive trial results from Merck & Co. Inc (NYSE: MRK) regarding the new Covid pill.