ISI

ISI is out with its report today on Walmart (NYSE: WMT), maintaining Hold. In a note to clients, ISI writes, "WMT equity looks like a better bet to us than a 10-year treasury… but its hard to see great upside as long as Capex/D&A of 160% is needed to support 4% sales growth. Management did say...

ISI is out with its report today on Walmart (NYSE: WMT), maintaining Hold. In a note to clients, ISI writes, "Walmart is delivering solid free cash flow, SG&A leverage, and buybacks, but U.S. traffic and comps remain elusive. We see reasons for comps to stabilize heading into 2011, but for...

ISI is out with its report today on AutoZone (NYSE: AZO), maintaining Hold. In a note to clients, ISI writes, "AZO continues to churn out strong free cash flow, and attack its share count. A 5.3% comp was stronger than anticipated and will likely take the stock higher. That said, comps have slowed...

In a note to clients, ISI has a Buy rating and a $33 price target on shares of Best Buy (NYSE: BBY). In the research report, ISI writes, "Wireless & Tablet expansion should account for 60% of CE market growth in 2011. While Best Buy is able to gain share in these categories, our survey and...

International Strategy & Investment Group Inc. is out with a research report this afternoon, where it reiterates its Hold rating on Masco Corp. (NYSE: MAS). The ISI analysts noted that MAS's recently quarterly results were poor and that they expect these trends to continue through 1H. The...

Adobe Systems (Nasdaq: ADBE) has been downgraded from Buy to Hold by ISI group, with a new price target of $30, down from $43.