Mike Baker

Shares of Michaels Companies Inc (NASDAQ: MIK) fell more than 2.5 percent on soft first-quarter results. But, Deutsche Bank is still bullish on the stock, saying that the trends should improve. Analyst Mike Baker offered three key takeaways on the first quarter report. 1. 'What Caused 1Q Comps To...

Best Buy Co Inc (NYSE: BBY) reported higher-than-expected comps. Deutsche Bank’s Mike Baker downgraded the rating for the company from Buy to Hold, while reducing the price target from $38 to $32. The analyst cited three reasons for the downgrade: A leadership transition to a likely...

Deutsche Bank sees several indicators that Home Depot Inc (NYSE: HD) and Lowe’s Companies, Inc. (NYSE: LOW) are buys ahead of earnings, but a strong performance by Tractor Supply Company (NASDAQ: TSCO) in Q1 could be the single best indicator of what to expect. March retail sales data showed...

Relative to store base, O'Reilly Automotive Inc (NASDAQ: ORLY) has a sizable lead in distribution capacity, and the company is poised to win market share due to its best distribution capabilities, according to a report from Deutsche Bank. As of late 2015, O'Reilly had 26 distribution centers, which...

Analysts, in general, are optimistic on Dicks Sporting Goods Inc (NYSE: DKS), despite the warm weather that led the company's quarterly results to miss the Street's view. However, the shares closed 2.46 percent higher, implying investors were expecting such a result and are looking into the future...

Wall Street analysts were gleeful after Home Depot Inc (NYSE: HD) beat earnings and revenue consensus for the fourth quarter. The company earned $1.17 per share on sales of $20.98 billion while the Street was expecting $1.10 on $20.39 billion in revenue. 'High-Quality Way To Play Housing...

In a new report, Deutsche Bank analyst Mike Baker listed 13 market predictions for 2016. Here’s a rundown of the list. Broad Predictions 1. After a strong 2015, the S&P Retailing Index will trade more in-line with the overall market this year. 2. Retail sales growth will stabilize, but...

Best Buy Co Inc (NYSE: BBY) has seen a surge of more than 22 percent in its share price over the past month. Deutsche Bank’s Mike Baker has maintained a Buy rating and price target of $42. Best Buy has one of the strongest balance sheets in Deutsche Bank’s coverage...

Shares of Home Depot Inc (NYSE: HD) rose to new 52-week highs on Tuesday after the company reported its second-quarter results. Here is a roundup of what some of Wall Street's top analysts are saying after the print. Credit Suisse: ‘Solid' Quarter Seth Sigman of Credit Suisse...