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Oppenheimer Starts Big Lots At Outperform, Sees 'Still Underappreciated Potential'
Friday, June 3, 2016 - 12:42pm | 283Read More...Oppenheimer believes the market is still under-appreciating Bog Lots, Inc. (NYSE: BIG)’s potential. According to analyst Brian Nagel, the company has made a major transition in its business in recent years. “Under the leadership of new CEO David Campisi and his key lieutenants, the...
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Oppenheimer On CES 2016: 'More Evolution Than Revolution,' Best Buy A Compelling Value Play
Friday, January 8, 2016 - 2:11pm | 418Read More...Analysts at Oppenheimer attended the annual Consumer Electronics Show (CES 2016) this week. In a report issued Friday, Brian Nagel, Dan Farrell and David Bellinger shared their takeaways from the event; they saw “new categories emerging, but overall more evolution than revolution....
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GameStop's Digital Downloads Competition Getting Worse; Oppenheimer Downgrades Stock
Tuesday, November 24, 2015 - 10:54am | 342Read More...GameStop Corp. (NYSE: GME) has seen a 17.05 percent decline in its share price over the past month, although the shares are still trading above the 52-week low. Oppenheimer’s Brian Nagel downgraded the rating on the company to Perform. Although the stock is a speculative option to play the...
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This Quarter May Just Be 'OK' For Gamestop, Oppenheimer Says
Friday, November 20, 2015 - 10:42am | 298Read More...GameStop Corp. (NYSE: GME) shares have appreciated 13.79 percent year-to-date, from a low of $32.27 on January 9. Oppenheimer’s Brian Nagel has maintained an Outperform rating on the company, with a price target of $51. Nagel believes that even with the ongoing improvements, the Q3...
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35 Stock Ideas Oppenheimer Analysts Love Right Now
Saturday, October 17, 2015 - 10:11pm | 1463Read More...Oppenheimer just released its 35 top stock ideas for October and November. Here’s a rundown of the full list with analyst commentary included. 1. Turtle Beach Corp (NASDAQ: HEAR) Analyst Sean McGowan sees two drivers of the stock: the “resurgence in video games” and the rollout of...
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Oppenheimer Downgrades CarMax To Perform, Cites Upcoming Tougher Comps
Wednesday, September 23, 2015 - 12:56pm | 376Read More...Oppenheimer has downgraded CarMax, Inc (NYSE: KMX) in the face of tough upcoming comps. The firm is predicting that weak used car unit numbers could trigger multiple contraction. Analyst Brian Nagel remains positive on the longer-term outlook for CarMax. In a new report, Oppenheimer analyst Brian...
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The Bar Is Low For CarMax's Q2 Earnings
Monday, September 21, 2015 - 1:40pm | 373Read More...Expectations for CarMax, Inc (NYSE: KMX)’s upcoming Q2 earnings report are relatively low. Despite a 17 percent decline in share price in recent months, data suggest the used car market remains strong. Oppenheimer is bullish on CarMax ahead of earnings. Oppenheimer analyst Brian Nagel...
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Oppenheimer: Williams-Sonoma Issues 'Transitory,' One Of 'Best-Run' Chains
Friday, September 4, 2015 - 3:32pm | 268Read More...Williams-Sonoma, Inc. (NYSE: WSM) is down nearly 15 percent since its August 19 peak of $89.38. Brian Nagel at Oppenheimer said that this pullback is due to a "subtly weaker" Q2 earning report that "unnerved already jittery investors." That loss is the patient investor...
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Oppenheimer's Prediction For Lowe's Comes True
Wednesday, August 19, 2015 - 2:38pm | 450Read More...Oppenheimer senior equity research analyst, Brian Nagel, predicted on Tuesday that quarterly earnings from "Lowe's Will Be Good, But Not As Good As Home Depot." The prediction came true on Wednesday with Lowe's Companies, Inc. (NYSE: LOW) reporting EPS of $1.20 on revenue of $17...
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Oppenheimer: 'Lowe's Will Be Good, But Not As Good As Home Depot'
Tuesday, August 18, 2015 - 4:14pm | 354Read More...Home Depot Inc (NYSE: HD) continued with what is now a tradition with the company and posted yet another earnings beat. Brian Nagel, Oppenheimer senior equity research, was on CNBC to weigh in Home Depot earnings, share his outlook for the stock and his expectations from Lowe's Companies,...
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Why Best Buy Has 35% Upside
Friday, August 7, 2015 - 10:18am | 279Read More...In a report published Friday, Oppenheimer analyst Brian Nagel maintained an Outperform rating and price target of $43 on Best Buy Co Inc (NYSE: BBY). The analyst believes that the company's performance over the next few quarters could prove to be positive catalysts, while expecting 35...
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Oppenheimer Sees Another 'Potential Positive' In Costco Story
Friday, July 17, 2015 - 10:15am | 277Read More...In a report published Friday, Oppenheimer analyst Brian Nagel maintained an Outperform rating and price target of $160 on Costco Wholesale Corporation (NASDAQ: COST). The stock has recently underperformed and is now trading at a slightly discounted valuation, despite strong underlying fundamental...
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Costco Is 'Rare Opportunity,' Oppenheimer Upgrades With 15% Upside Outlook
Friday, July 10, 2015 - 9:59am | 191Read More...In a report published Friday, Oppenheimer analyst Brian Nagel upgraded the rating on Costco Wholesale Corporation (NASDAQ: COST) from Perform to Outperform, with a price target of $160. The analyst believes that the stock has upside potential of almost 15 percent from its current levels. The stock...
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Why CarMax Is A 'Favorite' Stock At Oppenheimer
Saturday, July 4, 2015 - 9:53am | 257Read More...In a report published Friday, Oppenheimer analyst Brian Nagel maintained an Outperform rating on CarMax, Inc (NYSE: KMX) with a price target of $77. CarMax's 1Q (May) results were hit by unfavorable weather and lumpy trends. "Market concerns of an underlying unfavorable turn at KMX seem overblown....
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Bed Bath & Beyond Expected To Deliver Flat Earnings
Tuesday, June 23, 2015 - 1:13pm | 271Read More...Bed Bath & Beyond Inc. (NASDAQ: BBBY) will announce its first quarter financial results on Wednesday after the market closes. According to Estimize, the company is expected to deliver one of the weakest quarters in years. The retailer’s earnings are quite cyclical, peaking at the...
