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Report: Bass Pro Shops Working On Potential Deal For Cabelas
Thursday, November 5, 2015 - 3:52pm | 309Privately owned Bass Pro Shops is said to be in talks to acquire Cabelas Inc (NYSE: CAB). Shares of Cabelas spiked higher by more than 8 percent following a report by Reuters. A Bass Pro Shops spokesperson confirmed with Benzinga it is aware of the report, but it is company policy not to...
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Goldman Sachs Downgrades Cabelas, Cites Poor Store Opening Strategies
Friday, April 10, 2015 - 11:36am | 233In a report published Friday, Goldman Sachs analyst Stephen Tanal downgraded shares of Cabelas Inc (NYSE: CAB) to Sell from Neutral with a price target lowered to $49 from a previous $50 as the company's store opening plans are increasingly cannibalizing existing stores that are driving headwinds...