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This Analyst Thinks It Could Get Worse For Kraft Heinz
Friday, March 29, 2019 - 12:26pm | 321Read More...Investors assuming Kraft Heinz Co (NASDAQ: KHC)'s business can't get any worse are likely wrong, according to Wolfe Research. The Analyst Wolfe Research's Scott Mushkin downgraded Kraft Heinz from Peer Perform to Underperform with a fair value price target lowered from $33 to $27. The...
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The Street Reacts To Holiday Retail Sales
Thursday, December 27, 2018 - 11:49am | 889Read More...The 2018 holiday shopping season is tracking to be the strongest in six years, as total retail spending from the start of November through Dec. 24 rose 5.1 percent from a year ago to more than $850 billion, CNN reported, according to Mastercard SpendingPulse. Four Experts React Four...
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Analyst: Expect A Retail Bloodbath This Year, And Amazon Not Immune
Thursday, April 20, 2017 - 4:13pm | 358Read More...Wolfe Research analyst Scott Mushkin just bucked the Street. Mushkin downgraded Amazon.com, Inc. (NASDAQ: AMZN) from Outperform to Peer Perform and dropped its 2017 and 2018 EPS estimates to $6.52 and $9.92, respectively. The average rating on the Street is a Buy, with three firms having initated...
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Have You Noticed Food Prices Have Fallen For Nine Straight Months?
Wednesday, September 28, 2016 - 12:52pm | 298Read More...Have you noticed that your trip to the grocery store is leaving you with a few extra dollars in your pocket? According to a Bloomberg report, food prices have now fallen for nine straight months in the US, marking the longest streak since the 1960s with the exception of the 2009 financial...
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3 Retailers Wolfe Research Likes (And 2 It Doesn't)
Friday, March 20, 2015 - 10:32am | 310Read More...In a report published Thursday, Wolfe Research analyst Scott Mushkin commented that first hand visits to various retailers across Southern California once again revealed the pressure that both Whole Foods Market, Inc. (NASDAQ: WFM) and Wal-Mart Stores, Inc. (NYSE: WMT) are facing. Mushkin noted...
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Wolfe Research Analysts: 'Good News … More Drugs!'
Wednesday, March 11, 2015 - 12:43pm | 270Read More...In a report published Tuesday, Wolfe Research analyst Scott Mushkin commented Express Scripts Holding Company's (NASDAQ: ESRX) 2014 Drug Trend Report that highlighted prescription drug spending in the U.S. rose 13.1 percent last year -– marking the fastest rate relative to the last...
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Here's Why Costco Is 'One Of The Best Retailers In The World'
Monday, March 9, 2015 - 11:50am | 275Read More...In a recent report, Wolfe Research Scott Mushkin wrote that Costco Wholesale Corporation (NASDAQ: COST) proved once again why it is "one of the best retailers in the world" when the company reported its second quarter results. "We believe the value of a Costco membership is...
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Wolfe Research Thinks Dollar General Deal Is Wal-Mart's Least-Favored
Tuesday, September 2, 2014 - 11:22am | 302Read More...Dollar General (NYSE: DG) sweetened offer to dominate the deep-discount retail market offers the strongest competition for Wal-Mart (NYSE: WMT), an analyst said Tuesday. Dollar wants win a bidding war with Dollar Tree (NASDAQ: DLTR) for Family Dollar Stores (NYSE: FDO). Regardless of immediate...
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UPDATE: Wal-Mart Loses Competitive Pricing Advantage, Wolfe Downgrades
Thursday, February 6, 2014 - 3:32pm | 96Read More...In a report published Thursday, Wolfe Research analyst Scott Mushkin downgraded Wal-Mart (NYSE: WMT) from Peerperform to Underperform. Mushkin noted that Wal-Mart is losing its competitive low-price edge in the United States. The analyst commented that by losing this edge, the company may lose...
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Jefferies Sees Walgreen Dropping to $20 If Dispute With CVS is Not Resolved (WAG, CVS)
Thursday, June 10, 2010 - 10:14am | 139Read More...Jefferies analysts Scott Mushkin, Bakley Smith, and Mike Otway are concerned about potential downside to Walgreen (NYSE: WAG). They maintained their Hold rating, however, due to the unpredictability of the situation with CVS/Caremark (NYSE: CVS). CVS/Caremark and Walgreens have drawn a line in the...
