Robert Ohmes

BofA Securities analyst Robert Ohmes upgraded the rating for Sprouts Farmers Market Inc (NASDAQ: SFM) from Underperform to Buy. Ohmes also raised the price target from $30 to $70. The upgrade comes after Sprouts confirmed that over 15,000 of its products would be available for delivery on Uber Eats...

Retailer Target Corp (NYSE:TGT) reported third-quarter financial results that included revenue and earnings per share coming in ahead of estimates from analysts. Here's a look at what analysts are saying about the company after the report. The Target Analysts: Bank of America analyst Robert F....

Retailer Costco Wholesale Corporation (NASDAQ: COST) reported second-quarter financial results after market close Thursday. Analysts are reacting to the results and what's next for the company.  The Costco Analysts: Bank of America analyst Robert Ohmes had a Buy rating and a price...

Costco Wholesale Corporation (NASDAQ: COST) shares were trading higher after the company reported a mixed start to its new fiscal year on Thursday afternoon. Costco reported fiscal first-quarter adjusted EPS of $3.07 on revenue of $53.44 billion. Both numbers missed consensus analyst estimates...

Inflation has weighed on consumer discretionary spending in recent quarters. Rising prices may create an opportunity for discount retailers to gain market share this holiday shopping season, according to Bank of America analyst Robert Ohmes. The Numbers: Consumers spent a record $9.12 billion...

Walmart Inc (NYSE: WMT) reported better-than-expected third-quarter results Tuesday and raised its outlook. Here's what the Street has to say.  BofA Securities On Walmart Analyst Robert Ohmes maintained a Buy rating on Walmart while raising the price target from $155 to $165. Walmart...

Costco Wholesale Corporation (NASDAQ: COST) Thursday reported revenues of $72.09 billion, topping Street expectations. However, the company’s gross margins contracted by around 80 basis points to 10.18%. BofA Securities on Costco Wholesale Analyst Robert Ohmes maintained a Buy rating and a...

Target Corporation (NYSE: TGT) announced several initiatives on Tuesday to right-size its inventory, including order cancellations and slashing prices. Management also lowered their guidance for the second-quarter operating margin rate to around 2%, from their earlier expectation of meeting the...

During periods of stock market volatility and economic uncertainty, it's reasonable for investors to want to take a more defensive approach with their portfolios. Reliable, dependable and predictable blue-chip stocks with solid balance sheets and profitable businesses can be excellent safe...

Walmart Inc. (NYSE: WMT) has strong sales momentum and its focus on managing costs could boost results in fiscal 2023, according to BofA Securities. The Walmart Analyst: Robert Ohmes maintained a Buy rating for Walmart, while keeping the price target unchanged at $160. The Walmart Thesis: The...

Costco Wholesale Corporation (NYSE: COST) shares closed higher by 1.24% on Friday after the retailer reported impressive sales growth but shrinking margins in a challenging macroeconomic climate. On Thursday, Costco reported fiscal third-quarter adjusted EPS of $3.04 on revenue of $52.60...

Walmart Inc (NYSE: WMT) shares were in the clearance aisle Wednesday after the company reported rising costs related to supply chain problems and inflation in the first quarter. On Tuesday, Walmart reported adjusted first-quarter EPS of $1.30, missing consensus analyst estimates of $1.48....

Sprouts Farmers Market Inc (NASDAQ: SFM) expects double-digit percentage cost inflation and price hikes to continue through 2022, according to BofA Securities. The Sprouts Farmers Market Analyst: Robert Ohmes downgraded the rating for Sprouts Farmers Market from Buy to Underperform while reducing...

There is plenty of uncertainty and unpredictability in the stock market these days. Investors looking to play defense against rising interest rates, elevated inflation and geopolitical uncertainty can always turn to the consumer staples sector for some solid recession-resistant investments. High-...

The year got off to a bumpy start for investors, and the S&P 500 is now down 5.6% year-to-date in 2022. But while investors are growing increasingly concerned about inflation, rising interest rates and supply chain disruptions and geopolitical tension stemming from the war in Ukraine, Bank of...