Wall Street Strategies

Wall Street Strategies reiterated its Neutral rating on Costco Wholesale Corporation (NASDAQ: COST). In a research report published today, Wall Street Strategies listed a number of positive developments for the company. In the report, Wall Street Strategies states, "Costco did have another fine...

Wall Street Strategies provided color on Pacific Sunwear of California (NASDAQ: PSUN) in a research report published today. In the report, Wall Street Strategies states, "In spite of a +1% headline comparable store sales print (guidance -3% to +2%) and gross margin (19.00%, down 321 bps y/y;...

Wall Street Strategies retail analyst Brian Sozzi is raising his price target on shares of Hot Topic Inc. (NASDAQ: HOTT) to $9 from $8, and it has a Buy rating on shares. In a note to clients, Sozzi writes, "The conference call from Hot Topic (HOTT) was music to our ears. As long-time followers of...

Wall Street Strategies reiterated its Gap (NYSE: GPS) Sell rating and lowered its Gap price target from $20 to $17 in a research report published today. In the report, Wall Street Strategies states, "The attributes of a horrific quarter from a retailer tends to start with poor sales due to product...

Noted retail analyst Brian Sozzi of Wall Street Strategies is on the Target (NYSE: TGT) conference call, and the company is shedding some interesting light on the rising commodity costs and inflation prospects for the second half of the year. Sozzi tweeted that the company "just called out...

Wall Street Strategies reiterated its Home Depot (NYSE: HD) Buy rating and $44 price target in a research report published today. In the report, Wall Street Strategies states, "Strangely, we may have underestimated the underlying momentum behind Home Depot's business in our pre-market note....

Wall Street Strategies reiterated its Urban Outfitters (NASDAQ: URBN) Sell rating and $26 price target in a research report published today. In the report, Wall Street Strategies states, "We think Urban Outfitters shares, which are still valued at a relative premium to comparable peers, become...

Wall Street Strategies reiterated its Wal-Mart (NYSE: WMT) Sell rating and $50 price target in a research report published today. In the report, Wall Street Strategies states, " Shares of Wal-Mart were trading at $55.46 at the time of posting, down 1.07% from Monday's market close.

Wall Street Strategies provided color on Home Depot (NYSE: HD) in a research report published today. In the report, Wall Street Strategies stressed that it continues to see Home Depot as a much more competitive company compared to its smaller rival Lowe's. Wall Street Strategies states, "The fear...

Wall Street Strategies provided after-market color on Urban Outfitters (NASDAQ: URBN) in a research report published today. In the report, Wall Street Strategies states, "We think core operating results were quite weak, a notion underscored by initial comments on the 8-K from CEO Glenn Senk that...

In a report by Wall Street Strategies, Brian Sozzi provides a valuation and ratings analysis on Lowe's (NYSE: LOW). “Lowe's encountered a three-headed beast in 1Q11; lag impact on consumer spending on home improvement goods from softening home values; unfavorable weather which appears to have...

Brian Sozzi from Wall Street Strategies is out with a research note on April retail sales, which were released this morning. In the report, Sozzi mentions names such as American Eagle (NYSE: AEO), Target (NYSE: TGT), and Wal-Mart (NYSE: WMT), and Abercrombie & Fitch (NYSE: ANF). In the note...

Despite the guilty verdict, Raj Rajaratnam is somewhat of a free man, at least for the time being. He will be under house arrest with electronic surveillance until sentencing on July 29. Was this the appropriate punishment for the former hedge fund manager? “Well, it should have been more severe...

According to Wall Street Strategies, Coach (NYSE: COH) is still in the game, despite Japan. Wall Street Strategies said that it entered into fresh positions on Coach (COH) in the lead up to 3Q11 earnings, believing the risk reward was compelling in an environment rife with valid concern (Coach...

Brian Sozzi of Wall Street Strategies is out with a research report on Coach, Inc. (NYSE: COH), as the company reported earnings. Coach (NYSE:COH) today announced sales of $951 million for its third fiscal quarter ended April 2, 2011, compared with $831 million reported in the same period of the...