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Macy's Poised For 'Parade' Of Beat-And-Raise Quarters, Susquehanna Says In Upgrade
Tuesday, May 22, 2018 - 10:41am | 384Retailer Macy's Inc (NYSE: M) has introduced various initiatives to boost its business that will help lift the stock's multiple, according to Susquehanna Financial Group. The Analyst Susquehanna's Bill Dreher upgraded Macy's from Neutral to Positive with a price target...
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5 Analysts On Q1 Retail Earnings
Friday, May 18, 2018 - 4:01pm | 872Retailers issued a barrage of quarterly reports this week that for the most part reinforced the sell-side's prior ratings. Here are some of the analyst's reactions. JCPenney's 'Disappointing' Quarter J C Penney Company Inc (NYSE: JCP) missed Street estimates...
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Costco 'Has The Tools To Compete And Win': Analysts React To Retailer's Q2 Report
Thursday, March 8, 2018 - 3:56pm | 914Shares of Costco Wholesale Corporation (NASDAQ: COST) were trading lower by nearly 2 percent early Thursday afternoon after the company reported an earnings beat in its fiscal second quarter with revenue that fell slightly short of expectations. Rating, Price Target Changes Wells...
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Wall Street Remains Largely Bullish On Ross Stores After Q4 Print, 'Conservative' Guidance
Wednesday, March 7, 2018 - 5:28pm | 900Ross Stores, Inc. (NASDAQ: ROST) shares were down more than 6 percent at the close Wednesday after the company delivered a strong fourth-quarter earnings report accompanied with a cautious outlook. Here's a summary of what some Wall Street analysts are saying after the print. Price...
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Analysts Defend Walmart's Quarter
Wednesday, February 21, 2018 - 2:27pm | 538Walmart Inc (NYSE: WMT) investors were blindsided by a disappointing fourth quarter this week, sending the stock tumbling by more than 11 percent. Several Wall Street analysts have jumped in to defend Walmart following the lackluster quarter. Here’s a rundown of what they had to say. Voices...
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Walmart, Target Are Susquehanna's Top Picks Ahead Of Retail Earnings Season
Friday, February 16, 2018 - 12:53pm | 770A Susquehanna analyst is recommending Walmart Inc (NYSE: WMT) and Target Corporation (NYSE: TGT) ahead of the retail earnings season, and said that with the holiday season in the rearview mirror, the focus on retailer earning calls will be on 2018 guidance. The...
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Susquehanna Upgrades Target, 'A Long-Term Survivor Of The Ongoing Retail Apocalypse'
Wednesday, January 10, 2018 - 3:59pm | 538Target Corporation (NYSE: TGT)'s ongoing turnaround initiatives earned the retailer an upgrade from Susquehanna Financial Group on Wednesday. The Analyst Susquehanna's Bill Dreher upgraded Target's stock rating from Neutral to Positive with a price target boosted from $54 to $84...
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JC Penney's Pre-Announcement Disappoints As Margins Stay Under Pressure
Monday, October 30, 2017 - 1:30pm | 392Analysts at Susquehanna Group are no longer bullish on J C Penney Company Inc (NYSE: JCP) after the department store disappointed investors in an update last week. The firm's Bill Dreher downgraded JC Penney's stock rating from Positive to Neutral with a price target slashed from $6.50 to $3.00. JC...
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Susquehanna: Consumers Continue To Move Shopping Online; Discount Retailers Are Winning The Brick-And-Mortar Race
Friday, February 10, 2017 - 5:18pm | 1332A “steadily improving” economy and 4.8 percent unemployment rate are benefiting retailers with a strong online presence — and leaving those who depend on brick-and-mortar sales out in the cold. That’s the message from Susquehanna, which started a range of retailers Friday....
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Kroger Gets Buy Rating (KR)
Friday, June 18, 2010 - 1:35pm | 102Shane Higgins and Bill Dreher Jr, analysts at Deutsche Bank, have given a Buy rating to Kroger (NYSE: KR), the retailer which also manufactures and processes food products. The stock has been trading around $20.75 and the target price is $28.00. Kroger continues to increase its market share in the...