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Why This Target Analyst Says Retail Stocks Could Experience 'Upward Bias' In Months Ahead
Friday, April 8, 2022 - 11:54am | 493Target Corporation (NYSE: TGT) shares gained ground Friday after the discount retailer scored an upgrade on Wall Street. The Target Analyst: Gordon Haskett analyst Chuck Grom upgraded Target from Hold to Buy and raised the price target from $255 to $300. Related Link: If You Invested $1,000 In...
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Kohl's Analyst Drops Bear Stance On Vaccine Tailwinds, Activist Presence
Wednesday, November 18, 2020 - 11:54am | 245Kohl's Corporation (NYSE: KSS) announced better-than-expected quarterly results Tuesday, driven mainly by upbeat gross margins. Recent COVID-19 vaccine developments provide tailwinds for the company, according to Gordon Haskett. The Kohl's Analyst: Chuck Grom upgraded Kohl's from...
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Why This Analyst Is More Bullish On Home Depot Than Lowe's
Thursday, November 12, 2020 - 1:13pm | 400Home improvement stocks have been on fire in 2020, but one analyst said Thursday that Home Depot Inc (NYSE: HD) is a better play for investors than Lowe’s Companies Inc (NYSE: LOW) heading into 2021. The Analyst: Gordon Haskett analyst Chuck Grom upgraded Home Depot from Accumulate to Buy and...
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4 Reasons Why Gordon Haskett Is Downgrading Kohl's After Earnings
Wednesday, August 19, 2020 - 1:14pm | 356The outlook for Kohl's Corporation (NYSE: KSS) seems particularly uncertain, and traffic trends could remain subdued well into 2021, according to Gordon Haskett. The retailer reported a second-quarter adjusted earnings loss of 25 cents per share Tuesday, beating a Street estimate of an 83-cent-...
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Costco Defenders Come Out After Stock Downgrade
Friday, September 20, 2019 - 11:52am | 677Bernstein 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...
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The Street's Early Reaction To Walmart's Q4 Beat
Tuesday, February 19, 2019 - 12:39pm | 588Retail giant Walmart Inc (NYSE: WMT) reported Tuesday morning with fourth-quarter results that were better-than-expected and helped lift the stock higher by more than 3 percent. Moody's O'Shea: CEO Deserves Credit Walmart CEO Doug McMillon has done a "terrific job" in managing the...
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Industry Strength Leads To RH Upgrade
Tuesday, August 28, 2018 - 1:16pm | 372RH (NYSE: RH), formerly known as Restoration Hardware, received an upgrade on apparent strength in the industry from notable competitors and industry peers. The Analyst Gordon Haskett analyst Chuck Grom upgraded RH from Hold to Accumulate and raised his price target from $135 to $172. The Thesis A...
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7 Reasons To Like Tractor Supply Courtesy Of Gordon Haskett
Wednesday, June 20, 2018 - 3:39pm | 433Gordon Haskett Research Advisors gave seven reasons to buy Tractor Supply Company (NASDAQ: TSCO) in a note this week. The Analyst Gordon Haskett's Chuck Grom initiated coverage of Tractor Supply Company with an Accumulate rating and $86 price target. The Thesis Tractor Supply boasts...
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The Return Of Retail? Gordon Haskett Takes A Closer Look At 3 Names
Wednesday, January 31, 2018 - 5:27pm | 645It may be too early to determine whether back from the dead, but the sector's exchange traded fund, the SPDR S&P Retail (ETF) (NYSE: XRT), has completed a "180-degree turn" over the past three months — which has analysts at Gordon Haskett "positively biased"...
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Analyst: Pier 1 Imports Weakness Appears 'More Structural In Nature'
Thursday, December 14, 2017 - 3:13pm | 434Pier 1 Imports Inc (NYSE: PIR)'s third-quarter earnings report after the close Wednesday disappointed many investors, as it came at a time when the consumer backdrop appears healthy — which has some on the Street wondering if Pier 1's problems are its own. The Analyst...
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Whole Foods' Pricing Strategy: Beer Gardens And Apple Pay
Friday, February 13, 2015 - 4:13pm | 375Whole Foods Market, Inc. (NASDAQ: WFM) came out with better than expected results for the first half of fiscal year ’15, which sent the company’s shares soaring Thursday. It posted record total sales of $4.7 billion, while EPS was slightly higher at $0.47 than analysts’...