Brandon Fletcher

Bernstein analyst Brandon Fletcher presented "compelling" evidence to support his downgrade of Costco Wholesale Corporation (NASDAQ: COST), but the analyst may have overlooked one major aspect of the business, according to CNBC's Jim Cramer. Cramer: Costco Has Final Say In Its Destiny...

Costco Wholesale Corporation (NASDAQ: COST) awarded investors over the past few years, but is now overvalued by "pretty much every measure," according to Bernstein. The Analyst Bernstein's Brandon Fletcher downgraded Costco from Market Perform to Underperform with a price target...

Grocery chain Kroger Co (NYSE: KR) is scheduled to report second-quarter results Sept. 12, and a poor performance could result in an activist investor taking interest in the name, according to Bernstein. The Analyst Brandon Fletcher maintained an Outperform rating on Kroger.  The Thesis...

Retail giant Walmart Inc (NYSE: WMT) responded to Amazon.com, Inc. (NASDAQ: AMZN)'s one-day shipping announcement with an offer of its own— a similar one-day shipping offer without an annual membership fee. What Happened Amazon last week said it will invest $800 million to offer paying...

The bullish case for Dollar Tree, Inc. (NASDAQ: DLTR) "has finally come" after the company worked to erase the perception that its Family Dollar business is valued at zero, according to Bernstein. The Analyst Analyst Brandon Fletcher upgraded Dollar Tree's stock rating from...

Best Buy Co Inc (NYSE: BBY) and Target Corporation (NYSE: TGT) are both retailers fighting to survive in the face of Amazon.com, Inc. (NASDAQ: AMZN), but despite both managing to stay relevant, Morgan Stanley sees diverging futures ahead. Morgan Stanley analyst Brandon Fletcher has an Outperform...

Retailers 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...

The grocery store space remains "fiercely competitive," and investors willing to accept a "reasonable" rate of return may want to consider the industry giant Kroger Co (NYSE: KR), according to Bernstein. The Analyst Bernstein's Brandon Fletcher initiated coverage of Kroger...

With incomes of farm households rising at a faster rate than the general population, Tractor Supply Company (NASDAQ: TSCO) has one of the best store growth opportunities in retail, according to a new report from Bernstein.  The Analyst  Analyst Brandon Fletcher initiated coverage of...

Walmart 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...

Analysts at Bernstein initiated coverage of Lowe's Companies, Inc. (NYSE: LOW) last February with a bearish stance, but nearly one year later the firm has three compelling reasons to turn bullish. The Analyst Bernstein's Brandon Fletcher upgraded Lowe's' stock from...

Amazon.com, Inc. (NASDAQ: AMZN) is signaling retreat. The e-commerce giant is pulling its AmazonFresh grocery delivery service from suburban regions in Pennsylvania, New Jersey and possibly Maryland and California, conceding the model’s unprofitability and unsustainability. As it betrays a...

There are limits to how much pricing power Amazon.com, Inc. (NASDAQ: AMZN) can wield if it tries to subsidize its grocery goods in order to crush its competitors the usual way, Bernstein analyst Brandon Fletcher believes. The Federal Trade Commission this week approved Amazon’s acquisition of...

Historically, home improvement retailers such as Home Depot Inc (NYSE: HD) and Lowe's Companies, Inc. (NYSE: LOW) do well when the housing market does well in terms of both volume and value of sales. Good News, But Bad Incidentally, an analyst suggested that the good news of home...

Following news of Amazon.com, Inc. (NASDAQ: AMZN) offering smart home consultations, Bernstein analyst Brandon Fletcher looked into the impact the move might have on Best Buy Co Inc (NYSE: BBY). “This morning news broke that Amazon launched free 45-minute smart home consultations in seven...