Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

Credit Suisse Cuts B&G Foods to Underperform

From Standard & Poor's Equity Research

Credit Suisse downgraded the EIS units of B&G Foods (BGF) to underperform from neutral, noting the stock's valuation.

Analyst Robert Moskow says he has been impressed with the company's success at offsetting higher commodity costs through its list price increases, by transitioning promotional spending to pay-for-performance on certain brands to increase efficiency. However, he did not foresee a 16% run up in the stock (as of yesterday's close) since March 31. He believes the stock is now ahead of itself given risk to earnings from continuing input cost increases and volume weakness.

blog comments powered by Disqus