Sep. 14 at 1:02 PM
EVERCORE: Our Food Input Basket “is showing a sharp acceleration .. in grain-based commodities, resins, and freight.
.. we are lowering our EPS estimates and price targets for
$CAG,
$KHC,
$CPB, and
$GIS by an average of 5% for calendar 2027 as we assume inflation moves up from 4–5% to 6–7%.”
