Tom Forte

Liberty Interactive Corp (NASDAQ: QVCA) still has legs nearly 30 years since the dawn of cable TV and the launch of its core shopping channel QVC, an analyst said Thursday. More than 40 percent of the company's 2014 sales of $8.4 billion were derived from e-commerce and the company has...

In a report published Thursday, Brean Capital analyst Tom Forte reiterated a Buy rating and $81.00 price target on HSN, Inc. (NASDAQ: HSNI). In the report, Brean Capital noted, "HSNi operates the 2nd largest video retailer in the US (HSN) and the Cornerstone portfolio of catalogs (Ballard Designs,...

In a report published Tuesday, Brean Capital analyst Tom Forte reiterated a Hold rating on Nordstrom (NYSE: JWN). In the report, Brean Capital noted, "Nordstrom is the 33rd largest retailer in the US based on 2013 retail sales, according to the National Retail Federation (NRF). Its store portfolio...

In a report published Tuesday, Brean Capital analyst Tom Forte reiterated a Buy rating and $8.00 price target on EVINE Live Inc (NASDAQ: EVLV). In the report, Brean Capital noted, "EVINE Live operates the 3rd largest video retailer in the US. We anticipate that the company's senior management (CEO...

Tom Forte of Brean Capital on Wednesday commented in a note that Yelp Inc's (NASDAQ: YELP) acquisition of Eat24 advances its Yelp Platform efforts – where consumers increasingly complete transactions on its platform versus researching merchants on Yelp and finalizing a purchase elsewhere. "We...

In a report published Friday, Brean Capital analyst Tom Forte upgraded the rating on GrubHub Inc (NYSE: GRUB) from Hold to Buy, and named a $45.00 price target. In the report, Brean Capital noted, "GrubHub operates the largest online restaurant ordering service in the US, with roughly 33,000...

In a report published Tuesday, Brean Capital analyst Tom Forte initiated coverage on Nordstrom, Inc. (NYSE: JWN) with a Hold rating. In the report, Brean Capital noted, “We are initiating coverage on Nordstrom (JWN) with a Hold rating. Nordstrom is the 33rd-largest retailer in the US based on 2013...

Brean Capital initiated coverage on GrubHub Inc (NYSE: GRUB) with a Hold rating. Analyst Tom Forte noted that "catalysts for the stock include an acceleration in active diner growth or take rate in 3Q14. In our view, its $36.86 share price adequately reflects our favorable opinion of...

Brean Capital initiated coverage on Groupon Inc (NASDAQ: GRPN) with a Buy rating and $8 price target. Analyst Tom Forte noted that "catalysts for the stock include an acceleration of growth for North American local gross billings in 2H14 and other indications of progress in its conversion...

Brean Capital initiated coverage on Yelp Inc (NYSE: YELP) with a Hold rating. Analyst Tom Forte noted that "catalysts for the stock include an acceleration in local advertising revenue growth in 3Q14 and the success of its Yelp Platform. In our view, its $68.78 share price adequately...