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Barclays: CVS Health's Valuation Doesn't Reflect Its Long-Term Strength
Friday, December 18, 2015 - 9:44am | 330CVS Health Corp (NYSE: CVS) shares are down 7 percent in the last three months, even after trading above $105 on October 27. Barclays’ Meredith Adler reinstated coverage of the company with an Overweight rating and a price target of $110. Apart from a number of competitive...
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Barclays Raises Costco Price Target To $160
Thursday, December 10, 2015 - 10:19am | 316Shares of Costco Wholesale Corporation (NASDAQ: COST) have appreciated 12.68 percent year-to-date, reaching a high of $167.87 on December 8. Barclays’ Meredith Adler has maintained an Equal-Weight rating on the company, while raising the price target from $150 to $160. While Costco’s...
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Barclays Downgrades United Natural Foods To Underweight
Tuesday, December 8, 2015 - 10:20am | 377United Natural Foods, Inc. (NASDAQ: UNFI) shares have declined 43.06 percent year-to-date, hitting a low of $42.23 on December 3. Barclays’ Meredith Adler downgraded the rating on the company from Equal-Weight to Underweight, while lowering the price target from $51 to $39. With limited...
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'Frozen' Effect Has Passed Just In Time For 'Star Wars' Mania At Five Below
Friday, December 4, 2015 - 10:17am | 438Shares of Five Below Inc (NASDAQ: FIVE) have declined 31.64 percent year-to-date, touching a low of $27.52 on November 19. Barclays’ Meredith Adler has reiterated an Overweight rating and price target of $44 on the company. The company reported its 3Q15 comps well ahead of the consensus and...
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Barclays Thinks Kroger 'Keeps Getting Better And Better'
Friday, December 4, 2015 - 9:26am | 351Kroger Co (NYSE: KR) shares are up 24 percent year-to-date, and recorded a 5 percent just on December 3. Barclays’ Meredith Adler maintained an Equal-Weight rating on the company, while raising the price target from $38 to $40. The company beat 3Q EPS on the back of higher SSS, and...
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These Two Wal-Mart Analysts Are Not Impressed By Q3 Improvements
Wednesday, November 18, 2015 - 3:04pm | 480The market had a moderately positive initial reaction to Wal-Mart Stores, Inc. (NYSE: WMT)’s Q3 earnings beat. However, analysts at Deutsche Bank and Barclays are not convinced that the company’s recent investments will result in meaningful growth. Wal-Mart’s stock remains down...
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Barclays On Weight Watchers: 'Still In Wait-And-See Mode'
Friday, November 6, 2015 - 10:02am | 301Weight Watchers International, Inc (NYSE: WTW) shares are down 31 percent year-to-date, despite having climbed since October 19. Barclays’ Meredith Adler maintained an Equal-Weight rating on the company, while raising the price target from $14 to $17. The partnership with Winfrey...
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How Oprah Could Push Weight Watchers' Stock To $19
Tuesday, October 20, 2015 - 9:35am | 346Shares of Weight Watchers International, Inc. (NYSE: WTW) surged higher by more than 100 percent on Monday after Oprah Winfrey announced she acquired a 10 percent stake. Meredith Adler of Barclays commented in a note that a partnership with Oprah is likely to "speed up considerably...
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Herbalife Still Loved At Barclays After China Visit
Monday, October 12, 2015 - 10:35am | 311Herbalife Ltd. (NYSE: HLF) shares have surged 43 percent year-to-date, from a low of around $30 in early-March. Barclays’ Meredith Adler maintained an Overweight rating for the company, with a price target of $73. A visit to China revealed that the company appears poised to continue...
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Barclays Upgrades Smart & Final Stores On 'Unique' Opportunity
Tuesday, October 6, 2015 - 9:09am | 297Smart & Final Stores Inc (NYSE: SFS) shares are down 13 percent in the last six months, after rising to a high of $18.69 on April 7. Barclays’ Meredith Adler upgraded the rating on the company from Equal-Weight to Overweight, while raising the price target from $18 to $19. The...
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What To Do With Kroger
Thursday, September 3, 2015 - 8:02am | 348Kroger Co (NYSE: KR) shares have lost 12 percent over the past month, after having declined more gradually over the past six months. Barclays analyst Meredith Adler maintained an Equal-Weight rating for the company, while reducing the price target from $75 to $38. Adler has revised the...
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Wall Street: Herbalife Not A Pyramid Scheme, Trends Turning Around
Tuesday, August 4, 2015 - 1:46pm | 810Herbalife Ltd. (NYSE: HLF) is scheduled to report its second quarter results after market close on Wednesday. The Estimize community (based on 11 estimates) is expecting the company to earn $1.21 per share on revenue of $1.156 billion, while the Wall Street consensus is looking for the company to...
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Barclays Cites 'Absence Of Near-Term Catalysts' In Wal-Mart Downgrade
Friday, February 20, 2015 - 10:10am | 224In a report published Friday, Barclays analyst Meredith Adler downgraded shares of Wal-Mart Stores, Inc. (NYSE: WMT) to Equal-weight from Overweight with a price target lowered to $85 from a previous $90 as the company is unlikely to see benefits from its investments in higher wages and training in...
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Barclays' Views Diverge On 2 Sinking Restaurant Stocks, Still Wary On Whole Foods
Thursday, February 12, 2015 - 3:32pm | 252Disappointing results from a couple of restaurant companies drove their shares down Thursday while a premium grocer's performance gave its stock a boost. But Barclays analyst Jeffrey Bernstein praised Panera Bread Co (NASDAQ: PNRA) while panning Cheesecake Factory Inc (NASDAQ: CAKE). Separately,...
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Barclays Cuts Estimates On Herbalife Due To Forex
Thursday, January 15, 2015 - 2:21pm | 252Barclays lowered its EPS forecast for Herbalife Ltd. (NYSE: HLF) due to concerns over forex. Analyst Meredith Adler cut the 4Q14 estimate from $1.19 to $0.99 and for FY15 the EPS estimate was lowered from $5.61 to $4.05. Adler commented that “given the strength of the US dollar against...