Nik Modi | Source | Managing Director at RBC Capital Markets
Nik Modi
Nik Modi is a Managing Director at RBC Capital Markets, where he oversees the coverage of the Tobacco, Beverage and Household Personal Care sectors. In total, Nik covers companies with a total market capitalization of close to $1 trillion, including P&G, Coca-Cola, Altria, Lorillard, PepsiCo, Estée Lauder among others. Nik has been ranked for 6 consecutive years in the Institutional Investor for his coverage of the tobacco sector and has been recognized as a leading analyst in the Household Personal Care sector in both Fortune, StarMine and Forbes.
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RBC Capital Markets
Managing Director
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It’ll be easier for the consumer to adjust to price increases, says RBC’s Nik Modi
RBC Capital Markets’ Nik Modi on picking winners and losers based on companies’ pricing power.
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Altria Increases Cigarette Prices
Brands including Marlboro, Basic, Virginia Slims to go up 14 cents per pack
Article
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RBC is optimistic about Oatly but argues they might have a difficult time keeping up with all the demand.
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It's worth noting that this increase comes just 84 days after [Altria’s] last increase (13 cents per pack) on Nov. 1, which is a bit sooner than we would have expected based on historical intervals.
