Cabelas

Privately 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...

In 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...