Robert Ohmes

Harley-Davidson Inc’s (NYSE: HOG) stock is poised to trade at a premium to its historical multiple, given 2021 earnings upside and accelerating brand momentum, according to BofA Securities. The Harley-Davidson Analyst: Robert Ohmes initiated coverage of Harley-Davidson with a Buy rating and a...

Retailer Target Corporation (NYSE: TGT) reported Tuesday morning fourth-quarter results that came in better than expected and reinforced the bullish case for the stock, according to BofA Securities. The Target Analyst: Robert Ohmes maintains a Buy rating on Target's stock with a $260 price...

Dollar General Corp (NYSE: GD) and Dollar Tree, Inc. (NASDAQ: DLTR) shares were trading lower Thursday after BofA downgraded the companies ahead of their scheduled fourth-quarter earnings in March. Dollar General and Dollar Tree stores have seen sales soar over the course of the pandemic as out-of-...

Grocery chain Kroger Co (NYSE: KR) faces difficult comparisons ahead and the stock's valuation could be pressured by negative identical sales in fiscal 2022. The Kroger Analyst: BofA Securities analyst Robert Ohmes downgraded Kroger's stock from Neutral to Underperform with a price...

Apparel and footwear VF Corp (NYSE: VFC) reported a 10% decrease in Vans brand revenue and this should prompt investors to turn bearish on the stock, according to BofA Research. The VF Analyst: Robert Ohmes downgraded VF's stock from Neutral to Underperform with an unchanged $65...

Foot Locker, Inc. (NYSE: FL) is well positioned as a strategic Nike Inc (NYSE: NKE) wholesaler and should see market share gains ahead of the holidays, according to BofA Securities. The Foot Locker Analyst: Robert Ohmes upgraded Foot Locker's stock from Underperform to Buy with a price...

Costco Wholesale Corporation (NASDAQ: COST) reported a top-and-bottom line beat in the fourth quarter, but shares moved lower following the earnings release Thursday afternoon. Here's how the Street reacted.  The Costco Analysts: BofA Securities analyst Robert Ohmes maintained a...

Nike Inc (NYSE: NKE) shares traded higher by 10% on Wednesday in a down day for stocks after the company reported a huge surge in online sales in the fiscal first quarter and said trends in China are improving. On Tuesday afternoon, Nike reported first-quarter EPS of 95 cents on revenue of $10.59...

Walmart Inc’s (NYSE: WMT) proposed investment for a 7.5% stake in TikTok is still awaiting approval from the U.S. and China. Oracle Corpoation (NYSE: ORCL) is expected to acquire a 12.5% stake in the social media app. While Walmart could help monetize TikTok Global, the investment represents...

The bullish case for Kroger Co (NYSE: KR) can no longer be justified, as it will be more difficult for the grocery chain to beat expectations moving forward, according to BofA Securities. The Analyst: Robert Ohmes downgraded Kroger from Buy to Neutral with a price target lowered from $42 to $40....

Retail behemoth Walmart Inc (NYSE: WMT) reported second-quarter results Tuesday that came in much better than expected across multiple metrics. Here's how the Street reacted.  The Walmart Analysts Raymond James analyst Bobby Griffin maintains an Outperform rating on Walmart's stock...

Shares of Target Corporation (NYSE: TGT) gained more than 12% Wednesday morning after reporting second-quarter results that came in well above expectations. Q2 Recap: Target said it earned $3.38 per share versus the $1.62 consensus estimate. Same-store sales were a record high of 24.3%...

Major retailers are on deck to report earnings results, and BofA Securities analyst Robert Ohmes is naming three top picks: Target Corporation (NYSE: TGT), Dollar Tree, Inc. (NASDAQ: DLTR) and Walmart Inc (NYSE: WMT). Retail Ratings, Price Targets: Ohmes maintained a Buy rating on Target...

Grocery chain Kroger Co (NYSE: KR) reported Thursday with first-quarter results that were highlighted by an EPS and same-store sales beat. Here's how the Street reacted. The Kroger Analysts: Wells Fargo analyst Edward Kelly maintains an Overweight rating on Kroger's stock with an...

Target Corporation (NYSE: TGT) reported some impressive first-quarter numbers on Wednesday, but the market response has been lackluster due to concerns over slumping margins. Target reported adjusted EPS of 59 cents on revenue of $19.62 billion. Both numbers beat consensus analyst estimates of 40...