Keurig Dr Pepper’s growth potential has been underappreciated by investors, according to Morgan Stanley. The Wall Street firm upgraded shares to overweight from equal weight. It also inched up its price target to $40 from $38, indicating 16.9% upside potential from Monday’s close. “We see this as an opportune entry point into KDP as we think the market is not recognizing KDP’s building corporate [organic sales growth]/EPS growth prospects vs [consumer packaged goods] peers, with highly visible strength in its US Refreshment segment and continued solid International results, despite ST coffee profit risk,” analyst Dara Mohsenian wrote in an analyst…
Author: usaeverydaylife
The recent sell-off in Shake Shack has been unwarranted, according to Loop Capital. Analyst Alton Stump upgraded shares to buy \from hold. His price target of $127 suggests shares gaining 43.9% from Monday’s close. The stock has tumbled around 32% in 2025, which has opened up an attractive entry point for investors, according to Stump. SHAK YTD mountain Shake Shack in 2025 He highlighted the company’s stronger-than-expected comparable sales growth over the last three quarters, and successful limited-time offerings such as its black truffle burgers. The analyst also pointed to strong digital sales and labor productivity that could drive around 3%…
The travel agency offered tours aimed solely at men, and that was enough to attract the attention of the police enforcing new Russian laws that restrict the rights of gay people.One night in December, officers stormed the apartment of the agency’s owner and tied him up, he later told a court.“Fifteen people came to my place at night,” said the owner, Andrei Kotov. “They were beating me in the face, kicking me and leaving bruises.” His comments were reported by Russian media and confirmed by his lawyer.Mr. Kotov said the officers pressured him to “confess” that he was running a…
Ulta Beauty can be a strong addition to investor portfolios as tariff and economic risks abound, according to Goldman Sachs. Analyst Kate McShane upgraded shares of the beauty products company to buy from neutral. She also raised her price target to $423 from $384, implying shares could gain 15.4% from Monday’s close. “We note tariff risk is low for Ulta, while the stock has seen pressure but proved resilient during recessionary periods,” McShane wrote in a note on Tuesday. “Only ~1% of ULTA’s shipments over the last 12 months were direct imports, so while the company does not know the exact…
Myanmar’s military chief Min Aung Hlaing gestures as earthquake survivors gather in the compound of a hospital in Naypyidaw on March 28, 2025, after an earthquake in central Myanmar.Sai Aung Main | Afp | Getty ImagesAid groups in the worst-hit areas of Myanmar said there was an urgent need for shelter, food and water after an earthquake that killed more than 2,700 people, but said the country’s civil war could prevent help from reaching those in need.The death toll had reached 2,719 and is expected to rise to more than 3,000, Myanmar’s military leader Min Aung Hlaing said in a…
A man pushes his shopping cart filled with food shopping and walks in front of an aisle of canned vegetables with “Down price” labels in an Auchan supermarket in Guilherand Granges, France, March 8, 2025.Nicolas Guyonnet | Afp | Getty ImagesAnnual Euro zone inflation dipped as expected to 2.2% in March, according to flash data from statistics agency Eurostat published Tuesday.The Tuesday print sits just below the 2.3% final reading of February. Recent preliminary data had showed that March inflation came in lower than forecast in several major euro zone economies. Last month’s inflation hit 2.3% in Germany and fell…
The U.S. fired a new round of sanctions at China on Monday, targeting six high-level Chinese and Hong Kong officials over what it described as acts of transnational repression for their crackdown on pro-democracy activists in Hong Kong and on U.S. soil.The move was the first significant step by the new Trump administration to pressure China over human rights in Hong Kong. The State Department said in a statement that the officials used the city’s national security laws “to intimidate, silence, and harass 19 pro-democracy activists who had been forced to flee overseas, including a U.S. citizen and four other…
Von Der Leyen: EU open to negotiate on tariffs but will take ‘firm counter-measures if necessary’European Council President Antonio Costa (left) speaking with European Commission President Ursula von der Leyen (right) and European Parliament President Roberta Metsola before a debate on the conclusions of the European Council meeting of March 20, 2025, as part of a plenary session at the European Parliament on April 1, 2025, in Strasbourg, eastern France.Frederick Florin | Afp | Getty ImagesThe European Union is open to negotiations with the U.S. on tariffs but will take retaliatory measures if necessary, European Commission President Ursula von der…
Traders work on the floor of the New York Stock Exchange on March 28, 2025, in New York City. Spencer Platt | Getty Images Monday was the last trading day of the quarter. U.S. stocks took a heavy beating during the period: Both the S&P 500 and Nasdaq Composite broke their five-quarter winning streaks and suffered their heaviest three-month losses since 2022. The Nasdaq remains in correction territory.But it won’t be the last tumult stocks will experience. Reciprocal tariffs on “all countries” will start Wednesday, U.S. President Donald Trump said Sunday. While Trump has described the start of his tariffs as…
The Johnson & Johnson logo displayed on a monitor. Sopa Images | Lightrocket | Getty ImagesA U.S. bankruptcy judge on Monday rejected Johnson & Johnson’s $10 billion proposal to end tens of thousands of lawsuits alleging that its baby powder and other talc products cause ovarian cancer, marking the third time the company’s bankruptcy strategy has failed in court.J&J has been attempting to resolve the lawsuits through a subsidiary company’s bankruptcy, after two previous bankruptcy attempts failed in other courts.But the judge overseeing its case, U.S. Bankruptcy Judge Christopher Lopez in Houston, said that the company did not belong in bankruptcy.”While the Court’s decision is not an easy one, it is the right one,” Lopez wrote.Lopez…
