PetSmart

Wedbush is out with its report today on PetSmart (NASDAQ: PETM), raising its PT from $51 to $54. In a note to clients, Wedbush writes, "Raising our price target to $54 (from $51), which assumes PETM should trade at 19x (previously 18x) our revised 2012 estimate of $2.70, or at the high end of the...

Goldman Sachs is out with its report today on PetSmart (NASDAQ: PETM), raising its PT from $49 to $50. In a note to clients, Goldman Sachs writes, "We raise our estimates to reflect better sales and slightly better gross margins. Our 2011 estimate rises to $2.43 from $2.40, while 2012 goes to $2....

Wedbush Securities has raised the price target on PetSmart (NASDAQ: PETM) from $51 to $54 and maintains its Outperform rating.

Deutsche Bank has raised the price target on PetSmart (NASDAQ: PETM) from $42 to $46 and maintains its Hold rating.

JP Morgan has raised the price target on PetSmart (NASDAQ: PETM) from $43 to $45 and maintains its Neutral rating.

Goldman Sachs has raised the price target on PetSmart (NASDAQ: PETM) from $49 to $50 and maintains its Buy rating.

In a recent report, Jefferies has rasied the price target on PetSmart (NASDAQ: PETM) from $47.00 to $52.00 and the 1Q EPS estimate on the company from $0.54 to $0.55. Jefferies is expecting 1Q to be better for PetSmart. In the report, Jefferies said, "Our field research leads us to believe sales...

Jefferies & Company has raised the price target on PetSmart (NASDAQ: PETM) from $47 to $52 and maintains its Buy rating.

Goldman Sachs is maintaining its Buy rating on shares of PetSmart, Inc. (NASDAQ: PETM). “We maintain our Buy rating; we expect PETM to exceed consensus forecasts as the firm benefits from ongoing merchandising enhancements, without margin headwinds from product mix for the first time in several...

J.P. Morgan is out with its report today on PetSmart (NASDAQ: PETM), maintaining Neutral. In a note to clients, J.P. Morgan writes, "We believe the company is making strong strides in becoming a better merchant and are impressed by the cash-generating capabilities of the model. The management team...

Wedbush is out with its report on PetSmart (NASDAQ: PETM), raising its PT from $43 to $51. In a note to clients, Wedbush writes, "Raising our price target to $51 (from $43), which assumes PETM should trade at 18x our new 2012 estimate of $2.65, or at the high end of the company's guided longer-term...

In a report published by Goldman Sachs, PetSmart’s (NASDAQ: PETM) outlook is intact as demand / execution offset higher spending.   Goldman Sachs reported that it can't remember a time when an EBIT miss was as benign to the outlook as PETM's modest 4Q shortfall looked to it...

Wedbush Securities has raised the price target on PetSmart (NASDAQ: PETM) from $43 to $51 and maintains its Outperform rating. 

Deutsche Bank is out with its report today on PetSmart (NASDAQ: PETM), maintaining Hold. In a note to clients, Deutsche Bank writes, "This month, we called several hundred independent pet stores across multiple geographies and income levels (determined by MSA stats) to gauge trends within the...

Goldman Sachs is making changes to the price targets of the following companies: Lowe's (NYSE: LOW) goes to $27 from $26; currently trades at $23.75. OfficeMax (NYSE: OMX) goes to $20 from $19; currently trades at $17.90. PetSmart (NASDAQ: PETM) goes to $42 from $41; currently trades at $38.51....