Packaged Foods & Meats

Stifel Nicolaus is out with its report today on Sara Lee (NYSE: SLE), maintaining Hold. In a note to clients, Stifel Nicolaus writes, "We continue with our Hold rating as we believe the shares maintain a fair multiple for the business even inclusive of the pending breakup of the business and the...

Stifel Nicolaus is out with its report today on Sara Lee (NYSE: SLE), maintaining Hold. In a note to clients, Stifel Nicolaus writes, "We continue with our Hold rating as we believe the shares maintain a fair multiple for the business even inclusive of the pending breakup of the business and the...

Jefferies & Co. is initiating coverage on Kraft (NYSE: KFT) with a Buy rating and a $40 price target on shares. In a note to clients, Jefferies writes, "We are initiating coverage of Kraft with a Buy rating and $40 target price. Kraft's equity, in our view, is likely to outperform its peers as...

Jefferies & Co. is initiating coverage on General Mills (NYSE: GIS) with a Hold rating and a $40 price target on shares. In a note to clients, Jefferies writes, "We are initiating coverage of General Mills with a $40 price target and Hold rating. We see GIS as a good operator with good...

Zhongpin Inc. (Nasdaq: HOGS) today announced that Zhongpin's Board of Directors has elected Mr. Xiaosong Hu as a Director, effective as of June 16, 2011. He will chair and serve on the Nominating Committee and will serve on the Audit and Compensation Committees of the Board of Directors. Mr....

Jefferies & Co. is initiating coverage on shares of Kellogg Company (NYSE: K) with an Underperform rating and a $47 price target on shares. In a note to clients, Jefferies writes, "We initiate coverage of Kellogg with an Underperform rating and $47 target price. We are convinced that K mgmt's...

Jefferies & Co. is initiating coverage on shares of TreeHouse Foods (NYSE: THS) with a Hold rating and a $59 price target on shares. In a note to clients, Jefferies writes, "We initiate coverage of TreeHouse Foods with a $59/share target price and Hold rating. We view THS as a good operator in...

Jefferies & Co. is initiating coverage on shares of Diamond Foods (NASDAQ: DMND) with a Buy rating and a $80 price target. In a note to clients, Jefferies writes, "We initiate coverage of Diamond Foods with a Buy rating and $80 PT for 15% upside. DMND is on the brink of two major events in its...

Jefferies & Co. is initiating coverage on McCormick & Co. (NYSE: MKC) with a Buy rating and a $55 price target on shares. In a note to clients, Jefferies writes, "We are initiating coverage of McCormick with a $55 target price and Buy rating. In our view, MKC is a perfect example of a...

Jefferies & Company has initiated coverage on Diamond Foods (NASDAQ: DMND) with a Buy rating and $80 price target.

Jefferies & Company has initiated coverage on TreeHouse Foods (NYSE: THS) with a Hold rating and $59 price target.

Jefferies & Company has initiated coverage on Kellogg Company (NYSE: K) with an Underperform rating and $47 price target.

Jefferies & Company has initiated coverage on Kraft Foods (NYSE: KFT) with a Buy rating and $40 price target.

Some of the stocks that may grab investor focus today are: Wall Street expects Finisar Corporation (NASDAQ: FNSR) to report its Q4 EPS at $0.33 on revenue of $242.89 million. FNSR shares rose 0.84% to $19.20 in after-hours trading. Clarcor Inc (NYSE: CLC) reported a 37% surge in its second-...

Cusick's Corner Support held. The Harami that formed on yesterday's close was confirmed and the market turned up. (You can get more info about the Harami pattern on the Educate Center > Stocks > Level 2 > Bullish Candlesticks.) Will the bullishness last? As I said earlier, shorts are getting...