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Dollar Tree Upgraded By Deutsche On Strong Management, Increased Upside Opportunities
Monday, August 1, 2016 - 3:30pm | 341Read More...Deutsche Bank has upgraded Dollar Tree, Inc. (NASDAQ: DLTR) to Buy on a strong management team and the Family Dollar acquisition, which should create more upside opportunities. "DLTR has a strong management team led by CEO Bob Sasser with an impressive execution record, and until demonstrated...
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Deutsche Goes Shopping For Discount Retailer Stocks
Monday, August 1, 2016 - 3:21pm | 458Read More...Paul Trussell of Deutsche Bank took a deep dive into the "low-end" retail sector, which he argues to be "one of the healthiest groups in retail." However, the analyst pointed out that in some cases, retail names are trading near all-time highs, which creates concerns among investors moving forward...
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Deutsche Bank Downgrades Big Lots From Buy To Hold
Monday, May 23, 2016 - 10:59am | 268Read More...Big Lots, Inc. (NYSE: BIG) is likely to find it difficult to meet the consensus expectations for both 1Q and FY16 Deutsche Bank’s Paul Trussell said. The analyst downgraded the rating for the company from Buy to Hold, while reducing the price target from $49 to $47. Over the years, Big...
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Deutsche Bank Previews Dollar Store Earnings
Monday, May 23, 2016 - 10:39am | 377Read More...While expressing optimism regarding the long-term growth prospects for the Retailing / Department Stores sector, Deutsche Bank’s Paul Trussell said that consumer spend in the dollar stores was being driven by employment and wage gains. The analyst added, however, that labor headwinds, price...
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Retail Pros Dissect Target's 'Scary' Numbers
Wednesday, May 18, 2016 - 11:43am | 314Read More...Target Corporation (NYSE: TGT) reported first quarter results in which the company exceeded Wall Street's expectations in terms of earnings, but fell short on the revenue side. Target also issued a downbeat forecast for its second quarter, which Paul Trussell of Deutsche Bank called "...
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Foot Locker Is Zigging When Other Retailers Are Zagging
Monday, May 16, 2016 - 4:36pm | 171Read More...Deutsche Bank's Paul Trussell reaffirmed his Buy position on Foot Locker, Inc. (NASDAQ: FL), but decreased the price target from $80 to $79. Trussell said Foot Locker "saw an acceleration in top-line trends in Q1 at the exact time the rest of retail saw meaningful deceleration."...
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Worried About Retailers? Discount Outlets Might Be A Safe Haven
Monday, May 16, 2016 - 11:24am | 604Read More...After a dismal earnings season by department store retailers, several discounters are scheduled to report earnings this week. Deutsche Bank’s Paul Trussell mentioned that he was cautiously optimistic of the discounters meeting the lowered expectations and reiterating full-year guidance....
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Deutsche Bank's Retail Pro Talks Gap As Stock Hits New 52-Week Lows
Tuesday, May 10, 2016 - 12:48pm | 259Read More...Shares of Gap Inc (NYSE: GPS) hit a new 52-week low of $18.98 on Tuesday and was trading lower by more than 12 percent after the company reported a 7 percent decline in its same-store sales for the month of April. Total sales for April also declined to $1.12 billion from $1.21 billion a year...
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Deutsche Bank Previews April Comps Expectations For Costco, Gap, L Brands, The Buckle
Monday, May 2, 2016 - 2:55pm | 249Read More...Various retailers are scheduled to report their April headline comps soon. Paul Trussell of Deutsche Bank offered a glance into four unique retailers and detailed what investors should expect. Costco Costco Wholesale Corporation (NASDAQ: COST) (reporting May 4) is expected to report its April same...
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Deutsche Bank Initiates Coverage On 9 Specialty Retailers
Tuesday, April 26, 2016 - 5:57pm | 436Read More...After Tuesday's close, Deutsche Bank issued new coverage on nine U.S. Specialty Retail names. Analyst Paul Trussell says apparel is challenging and e-commerce tops the list of concerns. Buy Express, Inc. (NYSE: EXPR) initiated at Buy with a $25 Price Target Expects EBIT to continue...
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Deutsche Bank Raises Target On JCPenney To $14, Reiterates Buy
Friday, March 11, 2016 - 10:29am | 324Read More...Deutsche Bank’s Paul Trussell reiterated a Buy rating on J C Penney Company Inc (NYSE: JCP), while raising the price target from $12 to $14. ‘Sky Rocketing’ Stock The stock has surged 73.4 percent year to date, although “to what extent that move is due a short cover...
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JC Penney Stock Is Now A Better Bet Than Its Competitors
Monday, February 29, 2016 - 10:40am | 449Read More...Shares of J C Penney Company Inc (NYSE: JCP), Kohl's Corporation (NYSE: KSS) and Dillard's, Inc. (NYSE: DDS) have gained significantly over the last 5 trading days. JC Penny Deutsche Bank’s Paul Trussell maintained a Buy rating for J C Penney, saying that the company’s...
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Deutsche Bank Still Holding Wal-Mart
Friday, February 19, 2016 - 11:23am | 215Read More...Deutsche Bank’s Paul Trussell maintained a Hold rating for Wal-Mart Stores, Inc. (NYSE: WMT), with a price target of $62. With persisting FX-headwinds, Wal-Mart’s International sales were impacted by $4.7B in 4Q, representing the highest one-year FX drag in the company’s...
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Deutsche Bank Loves Foot Locker, JC Penney And Costco In 2016...But Why?
Tuesday, February 2, 2016 - 12:22pm | 264Read More...In a new report, Deutsche Bank analyst Paul Trussell discusses the firm’s top three retail stock picks for 2016. Trussell believes this year will be about all about the low-end retail segment. “Our best ideas are proven winners in their sector, each outperforming peers on the top-...
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Costco Worth $200? Deutsche Bank Jumps On The Bull Train
Thursday, December 3, 2015 - 11:13am | 401Read More...Costco Wholesale Corporation (NASDAQ: COST) shares have gained 17 percent in the last three months, crossing the $160 mark in mid-November. Deutsche Bank’s Paul Trussell upgraded the rating on the company from Hold to Buy, while raising the price target from $152 to $200. Trussell...
