-
This Analyst Prefers Lowe's Over Home Depot Ahead Of Earnings
Monday, August 19, 2019 - 11:31am | 415Read More...Home improvement retailers are on deck to report second-quarter results and a combination of macro data and first-hand checks suggest Lowe's Companies, Inc. (NYSE: LOW) is better positioned compared to rival Home Depot Inc (NYSE: HD) The Analyst KeyBanc Capital Markets analyst Bradley Thomas...
-
Here's What The Street Is Saying As Retail Earnings Heat Up
Friday, August 16, 2019 - 2:50pm | 653Read More...What shape is the consumer in? Were Macy's Inc (NYSE: M) poor earnings report indicative of the retail environment or should investors look instead at Walmart Inc (NYSE: WMT)? As earnings season starts to heat up, here is a summary of how some of the top retail analysts and experts answered...
-
Momentum And Discipline: The Street Weighs In On Walmart
Friday, August 16, 2019 - 11:22am | 577Read More...Walmart Inc (NYSE: WMT) reported second-quarter results on Thursday, highlighted by strong U.S. comps and the 16th EPS beat out of the past 17 quarters. The Analysts KeyBanc Capital Markets analyst Edward Yruma maintains an Overweight rating on Walmart with a price target lifted from $125 to $128....
-
Macy's 'Innovation Ideas' Are Good But Not Good Enough, Morgan Stanley Says
Thursday, August 15, 2019 - 12:10pm | 377Read More...Macy's Inc (NYSE: M) presented to investors new details of a turnaround plan that sounds compelling but not enough to "turn the tide," according to Morgan Stanley. The Analyst Morgan Stanley analyst Kimberly Greenberger maintains an Underweight rating on Macy's with a price...
-
Cramer On Macy's: Consumers Are Spending Their Money Elsewhere
Thursday, August 15, 2019 - 9:21am | 462Read More...Macy's Inc (NYSE: M) reported second-quarter results that sent shares tumbling to a new multi-year low, but there's no reason to believe this is indicative of a looming recession, according to Jim Cramer. What Happened Macy's earned 28 cents a share, which fell short of expectations by...
-
Cramer Blasts Macy's, But Doesn't Think It's In Trouble
Wednesday, August 14, 2019 - 1:41pm | 631Read More...Macy's Inc (NYSE: M) competes against "pitiful" J C Penney Company Inc (NYSE: JCP) so its poor performance in the second quarter is either a function of poor execution or a loss of identity, according to Jim Cramer. Macy's traded lower by 13.3% to $16.78 on Wednesday afternoon....
-
Will The Trade War Escalation Impact Consumers? Depends Which Pro You Ask
Monday, August 5, 2019 - 3:02pm | 490Read More...The escalation of the Sino-American trade war is likely to impact consumers although the weakening of the Chinese yuan should mitigate the impact of U.S. tariffs, Stacey Widlitz of SW Retail Advisors told CNBC Monday. Currency Uncertainty At a macro level, a weaker yuan cancels out a...
-
How CVS Wants To Be Less Like A Pharmacy Chain And More Like Amazon
Monday, August 5, 2019 - 9:23am | 355Read More...CVS Health Corp (NYSE: CVS) has a plan to be viewed less as a pharmacy chain and more like Amazon.com, Inc. (NASDAQ: AMZN) by selling annual memberships with free shipping. CVS has been testing a membership program called CarePass in Boston and the company is now ready to expand the initiative...
-
JC Penney Falls After Report Of Debt Restructuring Initiatives
Friday, July 19, 2019 - 8:47am | 341Read More...Shares J C Penney Company Inc (NYSE: JCP) fell Friday morning after Reuters reported the struggling department store may have hired debt restructuring experts. What Happened JC Penney tasked experts to explore options that would give the company more time to oversee a turnaround in the face of $4...
-
Some Of The Best Amazon Prime Day Deals Are Found Elsewhere
Monday, July 15, 2019 - 4:48pm | 851Read More...Amazon.com, Inc. (NASDAQ: AMZN)'s annual Prime Day selling event kicked off Monday and goes through Tuesday. Consumers looking for a great deal should consider looking at rival retailers that are looking to take away some share of Amazon's sales by offering even better deals. What's On...
-
Bed Bath & Beyond Plunges To New Lows After Earnings: Here's What The Street Is Saying
Thursday, July 11, 2019 - 12:15pm | 816Read More...Bed Bath & Beyond Inc. (NASDAQ: BBBY) reported Wednesday fiscal first-quarter results, which sent the stock tumbling to its lowest level in over a decade. Here is a summary of how some of the Street's top analysts reacted to the print and management's guidance. The Analysts Wedbush'...
-
UBS Stays Bullish On Home Depot After Meeting With Management
Monday, July 1, 2019 - 3:42pm | 353Read More...UBS analysts met with Home Depot Inc (NYSE: HD) executives and the three main takeaways prompted the research firm to reiterate a bullish stance on the stock. The Analyst UBS' Michael Lasser maintains a Buy rating on Home Depot with a $215 price target. The Thesis Home Depot presented a new...
-
A Walgreens Analyst's Takeaways From Q3 Earnings
Friday, June 28, 2019 - 12:50pm | 336Read More...Walgreens Boots Alliance Inc (NASDAQ: WBA) on Thursday reported fiscal third-quarter results, which prompted Wells Fargo to reaffirm a bullish stance. The Analyst Wells Fargo's Peter Costa maintains an Outperform rating on Walgreens with a $65 price target. The Thesis Walgreens reported an...
-
Rite Aid Says New Amazon Partnership Will Create A 'Stronger' Customer Experience
Thursday, June 27, 2019 - 2:44pm | 382Read More...More than 1,500 Rite Aid Corporation (NYSE: RAD) stores will double as a pickup location for Amazon.com, Inc. (NASDAQ: AMZN) by the end of 2019. What Happened Amazon introduced Thursday a new service called Counter, a network of pickup points where consumers can walk into a Rite Aid store to pick...
-
Big Lots Analyst Still Bearish After New CFO Appointment
Wednesday, June 26, 2019 - 2:43pm | 355Read More...Bank of America maintained a bearish stance on discount retailer Big Lots, Inc. (NYSE: BIG) after appointing a new CFO and reaffirming its guidance. The Analyst Bank of America's Jason Haas maintains an Underperform rating on Big Lots with a $23 price target. The Thesis Jonathan Ramsden will...
















