Bernanrd Sosnick

In a report published Tuesday, Gilford Securities analyst Bernard Sosnick downgraded shares of Macy's, Inc. (NYSE: M) to Sell from Buy following the surge in its stock after Starboard Value announced its belief that shares could be worth $125 if the retailer were to monetize its most...

Bernard Sosnick of Gilford Securities released a cautious note concerning the upcoming holiday shopping season. "Elasticity for holiday spending appears unlikely to offset gross margins reductions caused by price competition and free shipping offers," Sosnick wrote in a note on...