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Kroger's Stock Met Its Value Potential; Pivotal Downgrades To Hold
Monday, June 25, 2018 - 11:15am | 339Read More...Kroger Co (NYSE: KR) spiked last week on a significant earnings beat and drove the stock just shy of one analyst’s optimal valuation. The Rating Pivotal Research Group analyst Ajay Jain downgraded Kroger to Hold, but raised his price target from $30 to $31. The Thesis By most standards,...
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Why Have Food Stocks Been Toast? Amazon, What Else?
Saturday, July 22, 2017 - 4:15pm | 682Read More...Grocery investors are well aware of the overnight impact that Amazon.com, Inc. (NASDAQ: AMZN) made in the market when it announced a buyout of Whole Foods Market, Inc. (NASDAQ: WFM) back in June. However, Amazon’s intrusion into the food business has been weighing on the food industry for...
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Attention United Natural Foods Investors: The Amazon-Whole Foods Deal Could've Been Worse
Friday, June 23, 2017 - 3:06pm | 398Read More...United Natural Foods, Inc. (NASDAQ: UNFI) investors should not be overly concerned about Amazon.com, Inc. (NASDAQ: AMZN)'s recent acquisition of Whole Foods Market, Inc. (NASDAQ: WFM), according to Loop Capital Markets managing director, Andrew Wolf. Wolf maintains his Buy rating on United...
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United Natural Foods Investors Have 'Misplaced Comfort' Following Amazon–Whole Foods Tie Up
Monday, June 19, 2017 - 2:35pm | 491Read More...What impact, if any, will Amazon.com, Inc. (NASDAQ: AMZN) acquisition of the organic and natural grocery chain Whole Foods Market, Inc. (NASDAQ: WFM) have on its supplier United Natural Foods, Inc. (NASDAQ: UNFI)? Pivotal Research's Ajay Jain commented in a research report that there might be...
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Time To Sell Whole Foods, 'Headwinds Still Too Numerous To Ignore'
Friday, August 14, 2015 - 10:53am | 315Read More...In a report published Thursday, Pivotal Research Group analyst Ajay Jain initiated coverage of Whole Foods Market, Inc. (NASDAQ: WFM) with a Sell rating and $29 price target as the analyst sees no signs of comps stabilizing in the near-term. According to Jain's most recent channel checks,...
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Cantor Fitzgerald Reiterates On Whole Foods Market Ahead Of Earnings
Wednesday, October 29, 2014 - 11:53am | 240Read More...Cantor Fitzgerald's food and drug retail/wholesale analyst Ajay Jain reiterated a Sell rating and $32 price target on Whole Foods Market, Inc. (NASDAQ: WFM) ahead of the company's fourth quarter results on November 5. "We think the biggest impact on near-term stock performance will...
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Cantor Fitzgerald: Walgreen 'Moment Of Truth' On Inversion Deal Monday?
Monday, June 23, 2014 - 3:04pm | 250Read More...During Walgreen Co.'s (NYSE: WAG) upcoming third-quarter conference call Tuesday, managers may once and for all address whether they plan to move headquarter to Switzerland. "The moment of truth could be at hand," said Cantor Fitzgerald's Ajay Jain, who maintains a Sell rating...
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UPDATE: Cantor Fitzgerald Downgrades Whole Foods Market on Valuation
Monday, July 29, 2013 - 8:21am | 190Read More...In a report published Monday, Cantor Fitzgerald analyst Ajay Jain downgraded Whole Foods Market (NASDAQ: WFM) from Buy to Hold, but raised the price target from $52.00 to $54.00. In the report, Cantor Fitzgerald noted, “We are downgrading Whole Foods to HOLD on valuation and raising the price...
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UPDATE: Cantor Fitzgerald Downgrades Nash-Finch Following Spartan Stores Merger Announcement
Tuesday, July 23, 2013 - 10:47am | 170Read More...In a report published Tuesday, Cantor Fitzgerald analyst Ajay Jain downgraded the rating on Nash-Finch (NASDAQ: NAFC) from Buy to Hold, but raised the price target from $24.00 to $26.00. In the report, Cantor Fitzgerald noted, “We are downgrading Nash Finch to HOLD on valuation, following the...
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UPDATE: Cantor Fitzgerald Downgrades Walgreen on Full Valuation
Monday, June 24, 2013 - 8:57am | 162Read More...In a report published Monday, Cantor Fitzgerald analyst Ajay Jain downgraded the rating on Walgreen (NYSE: WAG) from Buy to Hold, but reiterated the $49.00 price target. In the report, Cantor Fitzgerald noted, “We are downgrading Walgreen to HOLD on valuation with the $49 PT unchanged. We...
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SYSCO Corporation (SYY) Estimates And Price Target Raised
Tuesday, February 2, 2010 - 11:00am | 115Read More...Analyst Ajay Jain at Hapoalim Securities has released an update on SYSCO Corporation (NYSE: SYY). The company reported EPS of $0.45 for the second quarter, beating analysts’ and consensus estimates. The upside was mainly provided by a $25 million decline in payroll expenses. Hapoalim Securities...
