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Oppenheimer: Buy Best Buy's Stock
Friday, March 22, 2019 - 1:40pm | 331Consumer electronics retailer Best Buy Co Inc (NYSE: BBY)'s momentum over the past few years could be sustained as the company has several drivers of growth in the pipeline, according to Oppenheimer. The Analyst Oppenheimer's Brian Nagel upgraded Best Buy from Perform to Outperform with a...
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Raymond James Sticks With Neutral Whirlpool Stance As Appliance Sales Drop
Monday, March 18, 2019 - 12:24pm | 353The Association of Home Appliance Manufacturers (AHAM) reported February data that showed wholesale unit shipments of the core six appliances fell 8 percent year-over-year. Raymond James said the figures partly reinforce its neutral stance on Whirlpool Corporation (NYSE: WHR)....
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Longbow Downgrades Whirlpool After Q2 Miss
Tuesday, July 24, 2018 - 11:30am | 341Appliance maker Whirlpool Corporation (NYSE: WHR) reported second-quarter results Monday that prompted Longbow Research to drop its bullish thesis. The Analyst Longbow's David MacGregor downgraded Whirlpool from Buy to Neutral with no assigned price target. The Thesis...
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5 Reasons Why Credit Suisse Turned Bullish On Whirlpool
Monday, June 4, 2018 - 2:28pm | 449Whirpool Corporation (NYSE: WHR) shares aren't far removed from its 52-week low of $143.11, but Credit Suisse said investors have multiple reasons to be bullish on the stock. The Analyst Credit Suisse's Susan Maklari upgraded Whirpool from Neutral to Outperform with a price...
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Whirlpool: Why Goldman Sachs Is Turning Bearish On The Appliance Maker
Wednesday, April 4, 2018 - 12:29pm | 487The appliance industry is one of the weakest investment sectors, as it has intense competition and raw material inflation, according to Goldman Sachs. The sell-side firm now sees multiple reasons for bearishness on Whirlpool Corporation (NYSE: WHR). The Analyst Goldman Sachs' Samuel...
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KeyBanc Appreciates Whirlpool's Prospects But Moves To The Sideline
Friday, January 26, 2018 - 10:14am | 413Whirlpool Corporation (NYSE: WHR) reported fourth-quarter results Thursday that included an earnings beat but a revenue miss. While the results showed some momentum in the business, at least one analyst said now is the time for investors to move to the sidelines. The Analyst KeyBanc...
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One Chart That Shows How Amazon Is Simplifying Sears' Appliance Purchase, Installation Process
Friday, December 1, 2017 - 1:04pm | 546At first glance, Amazon.com, Inc. (NASDAQ: AMZN) and Sears Holdings Corp (NASDAQ: SHLD) may seem like an odd couple. But one analyst recently took a closer look at how the two retailers are teaming up to make appliance shopping a breeze. The Analyst BMO Capital Markets analyst Wayne Hood has an...
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The Concerning Mixed Message JC Penney Is Sending To Consumers Resulted In A Downgrade
Monday, October 30, 2017 - 9:46am | 414Despite a more than 60-percent decline since the start of 2017, shares of J C Penney Company Inc (NYSE: JCP) could see a further decline of more than 50 percent, according to Citi analysts. The firm's Paul Lejuez downgraded JC Penney's stock rating from Neutral to Sell with a price target slashed...
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After Another Weak Quarter, Is Whirlpool Washed Up?
Tuesday, October 24, 2017 - 9:31am | 359Shares of Whirlpool Corporation (NYSE: WHR) were trading lower by more than 10 percent early Tuesday morning after the company reported an earnings miss and revised its outlook to the downside. Bank of America's Curtis Nagle downgraded Whirlpool's rating from Buy to Neutral with a price target...
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Cramer: Ahead Of FANG Earnings, Don't 'Feel Foolish For Pulling The Trigger'
Friday, July 21, 2017 - 9:06am | 587It is natural for investors to question the logic behind the seemingly never-ending strength in FANG, even at a time when there is no new news, CNBC's Jim Cramer acknowledged during his daily "Mad Money" show Thursday. Cramer is credited with co-creating the FANG acronym to loop...
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XPO Logistics Could Be Big Winner From Sears-Amazon Deal
Thursday, July 20, 2017 - 11:12am | 330Sears Holdings Corp (NASDAQ: SHLD) announced on Thursday it will begin selling its complete line of Kenmore branded appliances on Amazon.com, Inc. (NASDAQ: AMZN) platform. While Sears' announcement is earning the praise of investors based on a
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JC Penney's Response To The 'Great Apparel Slump'
Wednesday, April 12, 2017 - 11:46am | 383Retailers and department stores are struggling in the "great apparel slump," but that doesn't mean companies are going down without a fight, according to a CNBC report. For example, struggling department store J C Penney Company Inc (NYSE: JCP) has opened up its showrooms to...
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Samsung Acquires Maker Of Android-Ovens
Thursday, August 11, 2016 - 10:35am | 233Samsung Electronics announced it plans on fully acquiring Dacor, a U.S.-based manufacturer of high-end appliances. According to Android Police, Dacor is a maker of "crazy Android-powered ovens and other expensive appliances." For example, the Dacor Discovery iQ 30" Double Wall...
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Oppenheimer Suggests There Might Be 'More Light At The End Of The Tunnel' For Best Buy
Friday, February 6, 2015 - 11:43am | 185Brian Nagel of Oppenheimer on Friday upgraded shares of Best Buy Co Inc (NYSE: BBY) to Outperform from Perform with an established $43 price target given a view that "the worst is likely over." Nagel notes that challenges do persist for Best Buy, but a new senior leadership team that has "...