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Wal-Mart's Outperformance Helps S&P 500 Reach Record High
Thursday, November 13, 2014 - 3:53pm | 340Read More...Wal-Mart Stores, Inc.'s (NYSE: WMT) first same-store sales growth in nearly two years heldped lift the S&P's 500 stock index to an intraday record on Thursday. Wal-Mart gained 4.5 percent to $82.77; The S&P 500 hit an intraday high of 2,046.18, a new record, but traded down...
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Analysts Unfazed By VF Corp's Slower Growth
Tuesday, October 21, 2014 - 12:44pm | 231Read More...Despite slower growth at key sportswear brands, VF Corp's (NYSE: VFC) recent third-quarter performance drew applause from Wall Street analysts. Growth slowed to 11 percent, from 16 percent in the second quarter at the company's outdoor and action sports segment. The segment, which...
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UPDATE: Bank Of America Reiterates On VF Corp As Timberland Is Positioned For Acceleration
Thursday, September 18, 2014 - 7:54am | 117Read More...In a report published Thursday, Bank of America analyst Robert F. Ohmes reiterated a Buy rating on VF Corp (NYSE: VFC), and raised the price target from $70.00 to $73.00. In the report, Bank of America noted, “Following VF Corp's Timberland Investor Day hosted at its HQ in Stratham, NH, we now...
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Michael Kors Sinks On Margin Worries As Contrarian Analyst Touts Rating
Monday, August 4, 2014 - 1:01pm | 210Read More...Michael Kors (NYSE: KORS) plunged Monday on margin worries, prompting a contrarian analyst to tout his Buy recommendation. Bank of America's Robert F. Ohmes reiterated his rating and $120 target. "We see the price pull back today as a particularly attractive opportunity," Ohmes...
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UPDATE: Bank Of America Downgrades Roundy's On Rainbow Sale Dilution
Friday, May 9, 2014 - 8:32am | 182Read More...In a report published Friday, Bank of America analyst Robert F. Ohmes downgraded the rating on Roundy's (NYSE: RNDY) from Buy to Neutral, and lowered the price target from $8.00 to $6.00. In the report, Bank of America noted, “We are lowering our rating on RNDY from Buy to Neutral. RNDY reported...
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UPDATE: Bank of America Downgrades Fairway Group as Challenges will Persist Through F15
Monday, February 10, 2014 - 9:49am | 160Read More...In a report published Monday, Bank of America analyst Robert F. Ohmes downgraded the rating on Fairway Group Holdings Corp. (NASDAQ: FWM) from Neutral to Underperform, and lowered the price target from $20.00 to $6.00. In the report, Bank of America noted, “FWM reported F3Q14 revenues of $205.7MM...
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UPDATE: Bank of America Upgrades Finish Line as Running Pipeline Should Drive Upside
Tuesday, December 17, 2013 - 10:25am | 126Read More...In a report published Tuesday, Bank of America analyst Robert F. Ohmes upgraded the rating on Finish Line (NASDAQ: FINL) from Underperform to Buy, and raised the price target from $22.00 to $30.00. In the report, Bank of America noted, “We are upgrading Finish Line to Buy (from Underperform)....
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UPDATE: Bank of America Downgrades Target as Sales and LT Margin Outlook is Deteriorating
Thursday, December 5, 2013 - 12:11pm | 116Read More...In a report published Thursday, Bank of America analyst Robert F. Ohmes downgraded the rating on Target (NYSE: TGT) from Neutral to Underperform, and lowered the price target from $70.00 to $60.00. In the report, Bank of America noted, “We rate TGT shares Underperform as we believe 1) Target's...
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UPDATE: Bank of America Downgrades Target on Secular Risks
Friday, November 22, 2013 - 10:22am | 218Read More...In a report published Friday, Bank of America analyst Robert F. Ohmes downgraded the rating on Target Corporation (NYSE: TGT) from Neutral to Underperform, and lowered the price target from $70.00 to $60.00. In the report, Bank of America noted, “We are lowering our rating to Underperform (from...
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UPDATE: Bank of America Lowers PT on PVH Corp. Following Announcement of G.H. Bass & Co. Assets Sale
Thursday, October 3, 2013 - 12:06pm | 154Read More...In a report published Thursday, Bank of America analyst Robert F. Ohmes reiterated a Neutral rating on PVH Corp. (NYSE: PVH), but lowered the price target from $134.00 to $130.00. In the report, Bank of America noted, “Yesterday, PVH announced that it has signed a definite agreement to sell...
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UPDATE: Bank of America Initiates Coverage on Sprouts Farmers Market on Significant Premium Valuation
Tuesday, September 10, 2013 - 11:04am | 157Read More...In a report published Tuesday, Bank of America analyst Robert F. Ohmes initiated coverage on Sprouts Farmers Market (NASDAQ: SFM) with an Underperform rating and $37.00 price target. In the report, Bank of America noted, “We are initiating coverage of Sprouts Farmers Market (SFM) shares with an...
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UPDATE: Bank of America Resumes VF Corp. at Buy on Long-Term International Growth Opportunities
Wednesday, June 26, 2013 - 8:30am | 136Read More...In a report published Wednesday, Bank of America analyst Robert F. Ohmes resumed coverage on VF Corp. (NYSE: VFC) with a Buy rating and $210.00. In the report, Bank of America noted, “We are resuming coverage of VFC with a Buy rating given significant long-term international growth...

