Peter Benedict

RH (NYSE: RH) is trading higher Thursday morning after the company reported better-than-expected financial results. What Happened: RH reported first-quarter earnings of $4.89 per share, which beat the estimate of $4.07 per share. The company reported quarterly revenue of $860.8 million, which...

Bed Bath & Beyond Inc. (NASDAQ: BBBY) offers investors a compelling recovery story but the stock's run to north of $50 per share prompted two analysts to downgrade the stock. The Bed Bath & Beyond Analysts: Wedbush analyst Seth Basham downgraded Bed Bath & Beyond from...

Specialty retailer Bed Bath & Beyond Inc. (NASDAQ: BBBY) may have caught some investors off-guard by reporting a top-and-bottom-line beat in its second quarter.  Are Wall Street analysts just as bullish? The Bed Bath & Beyond Analysts: Raymond James analyst Bobby Griffin maintains...

Retail executives face an uphill battle in succeeding in a turnaround plan but a bullish stance on Bed Bath & Beyond Inc. (NASDAQ: BBBY) is "worth a shot," according to Baird. The Analyst: Peter Benedict upgraded Bed Bath & Beyond's stock from Neutral to Outperform with a...

Home Depot Inc (NYSE: HD) shares were dropping again on Wednesday, continuing a sell-off that followed a revenue miss, disappointing same-store sales and a downward revision to guidance. But several sell-side analysts said underlying trends point to a sales rebound, adding the company should see a...

Walmart Inc (NYSE: WMT) is likely to show continued strength in multiple financial metrics when it reports second quarter earnings Thursday, Aug. 15, according to Baird. The Analyst Peter Benedict maintained an Outperform rating on Walmart with an unchanged $115 price target. The Thesis...

Target Corporation (NYSE: TGT) shares are higher by more than 25% since the start of 2019, and the stock still offers investors a compelling entry point ahead of the second-quarter print Aug. 21, according to Baird. The Analyst Peter Benedict maintained an Outperform rating on Target with an...

On Wednesday, Costco Wholesale Corporation (NASDAQ: COST) reported 5.4% same-store sales growth and 15.7% online sales growth in the month of June. Quarter after quarter, Costco continues to put up strong numbers, and its investors get rewarded. Analysts say Costco’s long-term success is no...

Bed Bath & Beyond Inc. (NASDAQ: BBBY) reported Wednesday fiscal first-quarter results, which sent the stock tumbling to its lowest level in over a decade. Here is a summary of how some of the Street's top analysts reacted to the print and management's guidance. The Analysts Wedbush'...

Tariff concerns for Yeti Holdings Inc (NASDAQ: YETI) are overblown, according to Baird.  With around 55 percent of Yeti’s sales exposed to “List-4” tariffs, the company screens unfavorably if trade tensions with China escalate further — but the analyst said ...

Costco Wholesale Corporation (NASDAQ: COST) said Wednesday afternoon total sales for the month of May rose 5.9 percent year over year to $11.67 billion and comparable sales rose 4.2 percent. Multi-Year Trends Intact Costco's May comps of 4.2 percent represents a deceleration from March and...

Dicks Sporting Goods Inc (NYSE: DKS) shares fell Wednesday and were volatile Thursday after the retailer reported a first-quarter beat. Here's what the sell-side had to say.  Canaccord Genuity  The first-quarter print was a mixed bag, and the higher guidance is mostly buyback-...

Walmart Inc (NYSE: WMT) wowed Wall Street Tuesday with an impressive holiday-quarter earnings report that included big EPS and revenue beats and 43 percent U.S. e-commerce sales growth. Walmart also reiterated its fiscal 2020 guidance for same-store sales growth of between 2.5 percent and 3 percent...

Dicks Sporting Goods Inc (NYSE: DKS) reported mixed third-quarter results Wednesday and analysts had plenty to say about it. JPMorgan  JPMorgan analyst Christopher Horvers said Dick’s risk-reward is turning more balanced — and after a 47-percent gain in shares over the past...

Shares of RH (NYSE: RH) were higher by more than 35 percent and hit a new all-time high of $164.28 Tuesday morning in reaction to a mixed first-quarter earnings report, but encouraging guidance. Here is a summary of what some of the Street's top analysts are saying after the print. The...