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Wells Fargo Expects BJ's Wholesale Stock Recovery To Continue
Tuesday, January 22, 2019 - 12:01pm | 330Read More...While concerns around sluggish comps remain, a turnaround opportunity and defensive positioning make BJs Wholesale Club Holdings Inc (NYSE: BJ) “an attractive investment idea for 2019,” according to Wells Fargo. The Analyst Analyst Edward Kelly upgraded BJ’s Wholesale from Market...
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Costco Has More Risk Than Upside, Wells Fargo Says In Downgrade
Friday, September 14, 2018 - 10:07am | 379Read More...Despite Costco Wholesale Corporation (NASDAQ: COSTCO)’s strong performance this year, Wells Fargo said the success represents a plateau for the warehouse club. The Analyst Wells Fargo analyst Edward Kelly downgraded Costco from Outperform to Market Perform and maintained a $235 price...
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Activist Stake In Whole Foods May Be Just The Catalyst This Stock Has Lacked
Tuesday, April 11, 2017 - 9:44am | 409Read More...On April 10, activist investor Jana Partners announced that it had acquired an 8.8 percent stake in Whole Foods Market, Inc. (NASDAQ: WFM). Credit Suisse’s Edward J. Kelly maintains an Outperform rating on Whole Foods Market, while raising the price target from $36 to $40. Potential Catalyst...
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Fuel Segment, Not Pricing, Cost Costco In Q2
Friday, March 3, 2017 - 11:45am | 366Read More...Costco Wholesale Corporation (NASDAQ: COST) reported its second-quarter results significantly short of expectations. The quarter does not seem to represent “a thesis changer,” and the company’s earnings growth outlook “looks good against a challenged retail landscape,...
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Whole Foods' Q4 Earnings May Pique The Interest Of Turnaround Investors
Thursday, November 3, 2016 - 11:34am | 325Read More...Whole Foods Market, Inc. (NASDAQ: WFM)'s Q4 earnings update could “spark interest” from turnaround investors, with prospects of comps bottoming, cost cuts lending support to outlook and an improvement in governance, Credit Suisse’s Edward J. Kelly said in a report. He maintains an...
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Why The Whole Foods Market Brand Isn't Broken
Thursday, October 27, 2016 - 9:01am | 315Read More...A survey of Whole Foods Market, Inc’s (NASDAQ: WFM) target customers indicates that the brand is intact, but that the company “still has much to do to improve its price image,” Credit Suisse’s Edward J. Kelly said in a report. He maintained an Outperform rating on the...
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Wal-Mart To Update Investors On The Progress Of Its 3-Year Plan
Wednesday, October 5, 2016 - 11:05am | 343Read More...Credit Suisse’s Edward J. Kelly expects Wal-Mart Stores, Inc. (NYSE: WMT) to provide key updates on its three-year plan when the company hosts its 2016 investor day on October 6. Kelly maintains an Outperform rating on the company and a price target of $80. Updates The analyst expects Wal-...
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Wal-Mart Isn't Exciting 'But Better Than Many Staples Retail Alternatives'
Friday, September 16, 2016 - 8:57am | 332Read More...Wal-Mart Stores, Inc. (NYSE: WMT) witnessed a return of traffic growth against a deteriorating environment. Although there’s nothing very exciting, the company is “better than many staples retail alternatives,” Credit Suisse’s Edward J. Kelly said in a report. He...
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Kroger Is A Casualty Of The Grocery Price War
Thursday, September 8, 2016 - 10:00am | 355Read More...Recent data points indicate a significantly more aggressive promotional environment in food retail as a result of the intensifying deflationary cycle, Credit Suisse’s Edward J. Kelly said in a report. He added Kroger Co (NYSE: KR) would likely be the worst affected by the current...
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The Bull-Bear Case For Whole Foods Is 'Fiercely Divided'
Tuesday, June 21, 2016 - 8:02am | 296Read More...Credit Suisse’s Edward J. Kelly mentioned that Whole Foods Market, Inc. (NASDAQ: WFM) was “one of the most controversial names in consumer with fiercely divided investor sentiment.” Kelly maintained an Outperform rating on the company, with a price target of $40. While the...
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Credit Suisse Downgrades Ollie's As 'Stock Looks Full'
Monday, February 1, 2016 - 9:34am | 259Read More...Ollie's Bargain Outlet Holdings Inc (NASDAQ: OLLI) shares have surged 32 percent since January 4. Credit Suisse’s Edward J. Kelly downgraded the rating for the company from Outperform to Neutral, with a price target of $20. Ollie’s stock valuation appears to be full after...
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Credit Suisse Upgrades Ollie's Bargain Outlet: Here's Why
Monday, October 5, 2015 - 8:14am | 250Read More...Shares of Ollie's Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) rose 2.32 percent over the last five trading days, after declining 20.9 percent over the past three months. Credit Suisse’s Edward J. Kelly has upgraded Ollie’s Bargain Outlet from Neutral to Outperform,...
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Credit Suisse Sees Impressive Quarter Evidence Of Strong Outlook For Smart & Final Stores
Thursday, March 19, 2015 - 8:53am | 147Read More...In a report published Thursday, Credit Suisse analyst Edward J. Kelly reiterated a Neutral rating and $18.00 price target on Smart & Final Stores, Inc. (NYSE: SFS). In the report, Credit Suisse noted, "Smart & Final raised its profile with investors in its second quarter as a public company...
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Credit Suisse Reiterates Neutral, Raises PT On Walgreens Boots Alliance On Balanced Risk/Reward
Friday, March 6, 2015 - 9:15am | 218Read More...In a report published Friday, Credit Suisse analyst Edward J. Kelly reiterated a Neutral rating on Walgreens Boots Alliance Inc. (NASDAQ: WBA), and raised the price target from $73.00 to $85.00. In the report, Credit Suisse noted, "The combination of a new professional management team and WBA's...
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Credit Suisse Raises Price Target On Rite Aid
Friday, January 2, 2015 - 4:49pm | 240Read More...On Friday, Credit Suisse raised its price target on Rite Aid Corporation (NYSE: RAD) from $8 to $9 and maintained an Outperform rating following the company’s December sales results. According to analyst Edward J. Kelly, “Rite Aid posted another period of solid sales in December, as...
