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Why Aaron's Stock Is Trading Higher Today
Tuesday, March 24, 2020 - 3:35pm | 168Aaron's, Inc. (NYSE: AAN) shares are trading higher after Stifel maintained a Buy rating on the company's stock and lowered the price target from $67 to $29. "The Progressive business has developed a sophisticated decision model based on a lengthy history of payment behavior from...
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Analysts Agree: Nothing To Restore With RH Stock
Wednesday, September 11, 2019 - 12:29pm | 726Luxury lifestyle retailer of home goods RH (NYSE: RH) reported second-quarter results that came in above management's own pre-announcement in July. BofA: Another Beat And Raise RH reported a typical beat and raise quarter as results were "much stronger" than expected, Bank of America...
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Stifel Upgrades Mohawk Industries, Expects Margins To Improve Through 2019
Thursday, May 16, 2019 - 4:38pm | 364Mohawk Industries, Inc. (NYSE: MHK) shares have been under pressure over the past several months due to downward revisions to the company’s outlook. While the stock reflects the possibility of further downward revisions in the company’s earnings, margins are likely to improve...
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RH's Retail Strategy, Recent Pullback Turn Stifel Bullish
Friday, October 12, 2018 - 2:58pm | 463RH (NYSE: RH)'s financial profile has meaningfully improved, according to Stifel. The Analyst Analyst John Baugh upgraded RH from Hold to Buy and raised the price target from $142 to $150. The Thesis RH’s strategy has been to increase retail square footage in an...
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'Dramatic Improvements': Stifel Goes Full Bull On Conn's
Wednesday, July 11, 2018 - 11:16am | 360Furniture retailer Conn’s Inc (NASDAQ: CONN) shares saw a strong recovery in June that bulls expect to continue through the next year. The Rating Stifel Nicolaus analyst John Baugh upgraded Conn’s from Hold to Buy and raised the price target from $35 to $45. The Thesis...
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Leggett & Platt Notches Sell-Side Upgrade: Stifel Projects Upcoming Inflection Point
Thursday, May 31, 2018 - 2:39pm | 398Manufacturer Leggett & Platt, Inc. (NYSE: LEG) failed to meet estimates when it reported first-quarter earnings April 26. The Analyst Stifel's John Baugh upgraded Leggett & Platt from Hold to Buy and increased the price target from $48 to $50. The Thesis The Missouri-based company...
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Should You Buy The Dip In Home Depot? Wall Street Debates
Wednesday, May 16, 2018 - 1:41pm | 645Home Depot Inc (NYSE: HD) traded lower Tuesday following its Q1 earnings report with the decline carrying over into Wednesday's session. Should investors be buyers on the dip? Some of the Street's top analysts weigh in. The Analysts Bank of America's Elizabeth Suzuki maintains a...
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Stifel Downgrades Floor & Decor After 14% Year-To-Date Run
Wednesday, April 25, 2018 - 10:23am | 453Floor & Decor Holdings Inc (NYSE: FND) shares have added about 14 percent this year, making one analyst uneasy about investing further in the equity. The downgrade comes despite the forecasting-beating fourth-quarter results the company reported March 1. The Analyst Stifel analyst John...
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Why Stifel Says Rent-a-Center May Go For $10.50 Per Share In A Sale
Thursday, April 19, 2018 - 10:07am | 398Rent-A-Center Inc (NASDAQ: RCII) has been under pressure from activist investors to explore a sale, and said in early April it plans on reaching a decision by the second quarter. In the meantime, valuing the stock in a takeover scenario is "difficult," according to Stifel. The Analyst...
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Why Home Depot's Guidance Was 'Conservative'
Wednesday, August 16, 2017 - 9:29am | 502Home-improvement retailer Home Depot Inc (NYSE: HD) reported better-than-expected second-quarter results. Same-store sales were up 6.3 percent, with the U.S. same-store sales up a steeper 6.6 percent. The company raised its full-year adjusted earnings per share. Commenting on the results, Stifel...
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Stifel Reiterates Buy Rating, Raises PT On Headwaters Based On 2016 EBITDA Estimate
Thursday, March 19, 2015 - 10:18am | 134In a report published Thursday, Stifel analyst John Baugh reiterated a Buy rating on Headwaters Inc. (NYSE: HW), and raised the price target from $18.00 to $20.00. In the report, Stifel noted, "We are raising our target price from $18 to $20, which is based on 10.5x our calendar 2016 EBITDA...
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UPDATE: Stifel Reiterates Buy, Raises Price Target On Aaron's As Long-Term Thesis Is Intact
Monday, February 9, 2015 - 9:28am | 131In a report published Monday, Stifel analyst John Baugh reiterated a Buy rating on Aaron's (NYSE: AAN), and raised the price target from $31.00 to $38.00. In the report, Stifel noted, "Following Aaron's conference call and earnings release, we are still positive on the stock and maintain our thesis...
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UPDATE: Stifel Upgrades Conn's As Credit Is Stabilizing
Monday, February 9, 2015 - 9:27am | 161In a report published Monday, Stifel analyst John Baugh upgraded the rating on Conn's, Inc. (NASDAQ: CONN) from Hold to Buy, and named a $33.00 price target. In the report, Stifel noted, "We are raising our rating on Conn's from a Hold to a Buy and setting a price target of $33 per share or 14x our...
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UPDATE: Stifel Upgrades Select Comfort On Raised EPS Estimates
Tuesday, January 27, 2015 - 9:53am | 148In a report published Tuesday, Stifel analyst John Baugh upgraded the rating on Select Comfort Corporation Corp. (NASDAQ: SCSS) from Hold to Buy, and named a $39.00 price target. In the report, Stifel noted, “We are upgrading our rating on Select Comfort from Hold to Buy. Our target price is $39...
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UPDATE: Stifel Raises Price Target On Mohawk Industries On Acquisition Of IVC
Thursday, January 15, 2015 - 10:28am | 91In a report published Thursday, Stifel analyst John Baugh reiterated a Buy rating on Mohawk Industries, Inc. (NYSE: MHK), and raised the price target from $155.00 to $180.00. In the report, Stifel noted, “We learned additional details on Mohawk's acquisition of IVC, the supplier of sheet vinyl, LVT...