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...
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