On October 4th, Citi analysts Tobias Levkovich, Lorraine Schmitt and Christina Wood made the following revisions in industry group ratings in their ‘deep-dive’ sector research report Sector & Industry Group Navigator (SIGN): Food, Beverage & Tobacco – Upgraded to Market Weight from Underweight Household & Personal Products – Upgraded to Market Weight from Underweight Diversified Financials – Upgraded to Overweight from Market Weight Energy – Downgraded to Market Weight from Overweight In this article we take a look at their rationale for upgrading Food, Beverage & Tobacco (Sector Consumer Staples) from Underweight to Market Weight. Industry Group: Food, Beverage &…
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