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UPDATE: Janney Capital Markets Upgrades OfficeMax to Buy Awaiting FTC Approval of Merger with Office Depot
Thursday, October 10, 2013 - 11:19am | 173In a report published Thursday, Janney Capital Markets analyst David Strasser upgraded the rating on OfficeMax (NYSE: OMX) from Neutral to Buy. In the report, Janney Capital Markets noted, “We are upgrading the shares of ODP and OMX to Buy from Neutral. The last obstacle to completion of their...
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UPDATE: Janney Capital Markets Upgrades Office Depot to Buy Awaiting FTC Approval of Merger with OfficeMax
Thursday, October 10, 2013 - 11:19am | 175In a report published Thursday, Janney Capital Markets analyst David Strasser upgraded the rating on Office Depot (NYSE: ODP) from Neutral to Buy. In the report, Janney Capital Markets noted, “We are upgrading the shares of ODP and OMX to Buy from Neutral. The last obstacle to completion of their...
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Janney Capital Markets Raises HHGregg (HGG) Fair Value Estimate To $27
Monday, March 22, 2010 - 10:08am | 226Janney Capital Markets analysts David Strasser and Sarang Vora maintained their Buy rating for shares of HHGregg, Inc. (NYSE: HGG) and raised the fair value estimate from $23 to $27. The analysts believed that the specialty retailer of consumer electronics would benefit from the growth of the Home...
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Janney Capital Markets Raises Best Buy Co (BBY) Fair Value Estimate To $48
Monday, March 22, 2010 - 9:56am | 102Janney Capital Markets analysts David Strasser and Sarang Vora reiterated their Buy rating for shares of Best Buy Co., Inc. (NYSE: BBY) and raised the fair value estimate from $44 to $48. The analysts said that 3D technology would enter the home electronics market and drive up sales and margins....
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Retail, Media & Entertainment Sector Update (BBY, HGG, DIS, DWA, CNK)
Monday, March 22, 2010 - 8:46am | 306Analysts David Strasser and Tony Wible at Janney Capital Markets have a released a report on the Retail, Media & Entertainment sector. The report takes a look at the stocks in the two sectors that stand to benefit from the 3D product cycle. According to the report, 3D technology is seeing big...
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Costco Wholesale Corporation (COST) Maintains A Buy Rating
Thursday, March 4, 2010 - 8:08pm | 95Analysts David Strasser and Sarang Vora at Janney Capital Markets have maintained a Buy rating for Costco Wholesale Corporation (NASDAQ: COST). Costco reported adjusted EPS of $0.70 for the second-quarter, which is in-line with analysts’ estimate. According to analysts, the company’s defensive...
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RadioShack (RSH) And Walmart (WMT) To Remain Strong
Monday, December 21, 2009 - 3:27pm | 143The retail sector, fueled by a solid online sales trend, is likely to fare well in the coming year. Talking to CNBC, Style File Group analyst Hitha Prabhakar placed her bets on value stocks such as WalMart (NYSE: WMT) and J Crew (NYSE: JCG). She stated that she would stay away from luxury stocks...
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Christmas Tolls Well for Wal-Mart (WMT), Tiffany’s (TIF) And RadioShack (RSH)
Monday, December 14, 2009 - 5:00pm | 156Citi Retail analyst Kimberly Greeberger said on CNBC today that although business started a bit sluggish, it picked up by the time of Black Friday and is expected to do well for the rest of the season. She favored discretionary items stocks such as Tiffany’s (NYSE: TIF), Urban Outfitters (NASDAQ:...