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Here's why Redburn Atlantic upgraded FreshPet to buy
  + stars: | 2024-05-23 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why Redburn Atlantic upgraded FreshPet to buyEdward Lewis, Redburn Atlantic analyst, joins 'The Exchange' to discuss his outlook on FreshPets' trajectory, consumer outreach, and more.
Persons: Edward Lewis Locations: Atlantic
Friday’s debut of “No Hard Feelings,” a sex work romcom that doesn’t want to admit to its own subgenre, is very much of our era. Noah Berlatsky Noah BerlatskyThe Jennifer Lawrence vehicle from Sony Pictures revolves around a sex worker who, like the film, doesn’t want to admit what she’s doing. In sex worker romcoms, you’re supposed to be scandalized at the sordidness — but in a fun way. Anti-sex and anti-porn advocates have put a lot of effort into (falsely) conflating sex work and sex trafficking. Every film, sex worker romcom or otherwise, doesn’t have to be enthusiastically political, or, for that matter, sexual.
Persons: Noah Berlatsky, we’re, Noah Berlatsky Noah Berlatsky, Jennifer Lawrence, Maddie, Lawrence, Uber, Laird, Matthew Broderick, Allison, Laura Benanti, Percy, Andrew Barth Feldman, ” Percy, romcoms, Billy Wilder’s “ Irma La Douce, Ron Howard’s, Vivian Ward, Julia Roberts, Edward Lewis, Richard Gere, Stock, Pixie “, Richard Gere’s Edward isn’t, Rebecca De Mornay’s Lana isn’t, revel, , you’re, Rebecca de Mornay, Lana, she’s, Irma La Douce, Barbara Stanwyck, Leo Grande ”, Nancy, Emma Thompson, Leo Grande, Daryl McCormack Organizations: CNN, Sony Pictures, Pictorial Press, Library, Twitter Locations: Chicago, Montauk , New York
In a battle of beer makers, Molson Coors (TAP) has had the advantage lately over rival Constellation Brands (STZ). Molson Coors has a diverse portfolio of popular beer brands including Coors Light and Miller Lite as well as other summer favorites Blue Moon and Leinenkugel's. Shares of TAP have gained about 17% in 2023, driven by strong beer growth and strategic partnerships. TAP STZ YTD mountain Molson Coors vs. Constellation Brands YTD performance At Club holding Constellation, its core beer brands are Corona, Modelo and Pacifico. While Molson Coors is catching much of the Bud Light exodus, Constellation's popular beer brands will also be a beneficiary.
Persons: Molson, Molson Coors, Miller, Bud Light's, influencer, Bud Light, BUD, Jim Cramer, Roth, Jim, Bud, Roth MKM, STZ, Gerald Pascarelli, Seltzer, Pascarelli, it's, Filippo Falorni, Falorni, Filippo, Wedbush's, Edward Lewis, hasn't, Robert Sands, Bill Newlands, Sands, Newlands, Jim Cramer's Organizations: Molson Coors, TAP, Constellation Brands, Modelo, Coors, Miller Lite, Anheuser, Busch Inbev, Club, Constellation, Corona, Nielsen, Constellation's Modelo Especial, Molson, CNBC, Coca, Citi, Falorni, STZ, Cinco de, Getty Locations: Corona, Pacifico, STZ, North, North America, Cinco de Mayo, San Diego
As recessionary fears mount and economic growth concerns persist, Atlantic Equities says investors should put their money in resilient consumer names such as Kimberly-Clark . Analyst Edward Lewis upgraded shares of the Huggies and Kleenex maker to overweight, citing an attractive entry point for the stock following the recent market pullback. "At the same time, cost pressures are likely to ease supporting margin expansion and EPS recovery. Lewis also thinks cost pressures from Kimberly-Clark's exposure to pulp, resin and energy, which have hit gross margins, should ease into 2023. Lewis maintained the firm's $135 price target on Kimberly-Clark, suggesting a 21% upside for shares from Tuesday's close despite falling 22% this year.
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