Wall Street Strategies

It's not easy being a big box retailer. While Best Buy (NYSE: BBY), Wal-Mart (NYSE: WMT), and Target (NYSE: TGT) once ruled the industry, Amazon (NASDAQ: AMZN) has quickly stolen the spotlight as the leading place to shop for just about everything. Brian Sozzi, an equity research analyst at Wall...

Best 1) China Sunergy (NASDAQ: CSUN): Shares of China Sunergy closed up 21% from Tuesday's close to $2.18. The company was initiated with a Buy at Collins Stewart. The price target for shares was set at $3.15. The stock recently hit a 52-week low of $1.50 on June 20th. 2) Spartan Motors (NASDAQ:...

Brian Sozzi of Wall Street Strategies is out with a research note on tomorrow's FOMC meeting, as well as press conference that Federal Reserve chairman Ben Bernanke will have after. Sozzi goes on to note that the Fed's view that inflation in commodity prices were "transitory" has been largely spot...

Brian Sozzi of Wall Street Strategies is out with a research note this morning on the potential economic fallout of a Greece default on the U.S. consumer, as well as the parallels of the situation in Greece to a couple of U.S.-based retailers. Sozzi says that enormous amounts of debt are prevalent...

Brian Sozzi is out with a research note on some potential ideas, this time from a technical analysis, rather than a fundamental perspective. In the note Sozzi discusses Bebe (NASDAQ: BEBE), Kohl's (NYSE: KSS), Macy's (NYSE: M), Furniture Brands (NYSE: FBN), Buckle (NYSE: BKE), and Activision...

Wall Street Strategies is out with its report today on VF Corp (NYSE: VFC), commenting on VF's acquisition of Timberland. In a note to clients, Wall Street Strategies writes, "We arrive to the office on Monday morning to learn that Timberland (NYSE: TBL) will be acquired by VF Corp. for $2 billion...

Wall Street Strategies, which lowered its PT on shares of UTi Worldwide Inc. (NASDAQ: UTIW), is providing some color on the stock. “On June 2, UTi Worldwide reported its fiscal first quarter 2010 earnings results,” Wall Street Strategies writes. “The Company recorded revenue of $1.20 billion,...

Wall Street Strategies is out with its report on Ford (NYSE: F), reiterating Buy. In a note to clients, Wall Street Strategies writes, "The momentum has been negative for Ford's stock, but we still like it longer term. The near term weakness represents a buying opportunity. As a result, we are...

Wall Street Strategies has lowered the price target on UTi Worldwide (NASDAQ: UTIW) from $20 to $18 and maintains its Hold rating.

In a research note, Brian Sozzi of Wall Street Strategies has a note on Target (NYSE: TGT), as the company held its annual shareholder meeting today. In the note, Sozzi talks about the many different initiatives Target is undertaking, such as pushing into Canada, remodeling U.S. stores, and...

Brian Sozzi of Wall Street Strategies is out a research note on Abercrombie & Fitch (NYSE: ANF) after the company's CFO made some startling comments this morning, saying Q2 was likely to be worse than the first quarter. In the note, Sozzi says, "Abercrombie & Fitch (ANF) management played...

Brian Sozzi of Wall Street Strategies is out with a research report on business inventories and he thinks that next week's data could set the tone for sentiment for future earnings. In the research report, Sozzi writes, "However, I think next week's manufacturing and trade inventory data for April...

Wall Street Strategies reiterated its Ralph Lauren (NYSE: RL) Hold rating and lowered its Ralph Lauren price target from $135 to $113 in a research report published today. In the report, Wall Street Strategies states, "To its credit, Polo has many positive aspects to its business as we look out on...

Wall Street Strategies reiterated its Costco (NASDAQ: COST) Hold rating and $80 price target in a research report published today. In the report, Wall Street Strategies states, "Not to throw cold water on the latest from Costco (COST) by any means as the performance overall was solid, but the fact...

Wall Street Strategies downgraded American Eagle Outfitters (NYSE: AEO) from Buy to Sell and lowered its American Eagle Outfitters price target from $16 to $11 in a research report published today. In the report, Wall Street Strategies states, "The shift in our position stems from a few items that...