Key Dates for Consumer Stocks in the Week of October 9–13

Key dates this week

The following chart shows the key dates for the week of October 9–13, 2017.

Key Dates for Consumer Stocks in the Week of October 9–13

Analysts’ rating changes last week

On October 5, Susquehanna raised the target price for Constellation Brands (STZ) to $200 from $193 with a “neutral” rating. Credit Suisse raised the price to $211 from $203 with a “neutral” rating. Cowen and Company raised the price to $243 from $230 with an “outperform” rating. Morgan Stanley raised the target price to $245 from $218. RBC raised the target price to $226 from $220. Stifel raised the target price to $235 from $216. SunTrust Robinson raised the price to $230 from $210, while J.P. Morgan raised it to $237 from 220. Of the surveyed analysts, 68% rated the stock as a “buy,” 32% rated it as a “hold,” and none of the analysts rated it as a “sell.”

On October 8, 2017, Morgan Stanley downgraded Walgreens Boots Alliance (WBA) stock to “equal-weight” from “overweight” and reduced the target price to $85 from $95. Of the surveyed analysts, 68% rated the stock as a “buy,” 32% rated it as a “hold,” and none of the analysts rated it as a “sell.”

On October 4, Raymond James downgraded Advance Auto Parts (AAP) to “market perform” from “strong buy.” Of the surveyed analysts, 48% rated the stock as a “buy,” 41% rated it as a “hold,” and 11% rated it as a “sell.”

On October 6, Piper Jaffray upgraded Kraft Heinz (KHC) stock to “overweight” from “neutral” and cut the target price to $90 from $92. Of the surveyed analysts, 74% rated the stock as a “buy,” 26% rated it as a “hold,” and none of the analysts rated it as a “sell.”

On October 3, Wolfe Research downgraded Coach (COH) to “peer perform” from “outperform.” Piper Jaffray downgraded the stock to “neutral” and cut the target price to $43 from $48. Of the surveyed analysts, 64% rated the stock as a “buy,” 33% rated it as a “hold,” and 3% rated it as a “sell.”

On October 2, HSBC upgraded Tiffany & Company (TIF) stock to “buy” from “hold” and raised the target price to $110 from $90. Of the surveyed analysts, 50% rated the stock as a “buy,” 50% rated it as a “hold,” and none of the analysts rated it as a “sell.”

For more information, visit Market Realist’s Consumer Discretionary and Consumer Staples pages.