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BofA/Merrill Lynch’s Love Affair With Treasury Wine Australia

October 31, 2013 | Filed under Featured Articles | Posted by

While Bank of America/Merrill Lynch can’t wait to see Beringer vanish beyond the distant horizon of a planet in another solar system, the Australian operation has found favor at the center of the banker’s heart. (See related article:

Banker’s Heart sculpture in front of the Bank of America building in San Francisco.

Right before characterizing its US Assets (Beringer) as an “unsustainably …  material drag on value,” The BofA/Merrill analyst report launches into a vigorous and continuous love letter for the Australian operation.

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Also In This Article:

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  • Expectations Positive For Future Growth

  • Exceptional Retail Sales Growth

  • Very Bullish Toward TWE

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