NEW YORK (TheStreet) -- RATINGS CHANGES
Mead Johnson (MJN) downgraded at BofA/Merrill from Neutral to Underperform, Bank of America/Merrill Lynch said. $78 price target. Expect China to continue to weigh on the stock.
Stock Comments / EPS Changes
Mead Johnson (MJN) numbers cut at Credit Suisse. Shares of MJN now seen reaching $86, according to Credit Suisse. Estimates also reduced, as management will likely cut guidance later this month. Outperform rating.
Constellation Brands (STZ - Get Report) numbers raised at Citi. Shares of STZ now seen reaching $136, according to Citigroup. Estimates also increased, as the company is realizing higher margins. Neutral rating.