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Wall Street Strategies Reiterates Snap-On Buy, $80 PT (SNA)
Thursday, April 21, 2011 - 12:54pm | 73Wall Street Strategies reiterated its Snap-On (NYSE: SNA) Buy rating and $80 price target in a research report published today. In the report, Wall Street Strategies states, "Although there were a handful of minor concerns to the quarter, we continue to be proponents of having Snap-On shares in...
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Brian Sozzi Discusses Snap-On's Earnings (SNA)
Thursday, April 21, 2011 - 8:17am | 156Brian Sozzi of Wall Street Strategies is out with a research report on Snap-On's (NYSE: SNA) earnings. Sozzi discusses the different headwinds to Snap-On's business in the quarter, such as Europe, slowing auto sales in the U.S., and the earthquake in Japan, as well as commodity costs. Sozzi...
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Wall Street Strategies Comments on Lululemon (LULU)
Wednesday, April 20, 2011 - 11:51am | 102Wall Street Strategies provided color on Lululemon (NASDAQ: LULU) in a research report published today. In the report, Wall Street Strategies states, "During bouts of selling activity in the broad market this year, shares of yoga wear seller Lululemon (LULU) have managed to rise modestly or not...
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Wall Street Strategies On The Five-Finger Shoe
Wednesday, April 20, 2011 - 8:39am | 203Wall Street Strategies' Brian Sozzi has searched for investments in Vibram's uniquely designed five-finger shoe. But is he having any luck? “The opportunities to invest in this budding footwear shift, lo and behold are limited, since Vibram is privately owned and retailers distributing the...
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Brian Sozzi: Target Essentially Confirms It Will Not Have A Credit Card Business (TGT)
Tuesday, April 12, 2011 - 9:28am | 67Brian Sozzi of Wall Street Strategies just tweeted that Target (NYSE: TGT) has essentially confirmed it will no longer own its credit card business by 2016 or 2017. Sozzi writes that the company will use its proceeds for share buybacks and debt reduction. Shares of Target closed at $49.26...
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Brian Sozzi Thinks Wal-Mart's Credit Rating Is At Risk (WMT)
Monday, April 11, 2011 - 10:39am | 57Brian Sozzi of Wall Street Strategies tweeted that he thinks Wal_Mart's (NYSE: WMT) credit rating is at risk. Sozzi said this view is strengthened by the newest debt offering. Shares of Wal-Mart are up 9 cents to $52.63 in early Monday trading.
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An International Tradition Unlike Any Other: Brian Sozzi Discusses The Masters & Some Trading Ideas (RL, NKE, DKS)
Monday, April 11, 2011 - 9:13am | 442Brian Sozzi of Wall Street Strategies is out with a note this morning on the Masters, and how golf is going to continue to explode in the coming years, especially as we get closer to the 2016 Olympics. In the note, Sozzi discusses the newest Masters champion, South African Charl Schwartzel who...
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Wall Street Strategies Downgrades Gap To Sell, Lowers PT To $20 (GPS)
Thursday, April 7, 2011 - 2:35pm | 94Wall Street Strategies downgraded Gap (NYSE: GPS) from a Buy rating to a Sell rating and lowered Gap's price target from $25 to $20 in a research report published today. In the report, Wall Street Strategies states, "We are downgrading our recommendation on Gap (GPS) to Sell from Buy, citing what...
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Wall Street Strategies Reports On Retailers' Surprise March Success
Thursday, April 7, 2011 - 8:26am | 150Wall Street Strategies has issued a report on the unexpectedly positive results seen by retailers in March. According to the report, "The early bird has been known to catch the worm, and if an investor is at the Bloomberg terminal, cup of coffee in hand, they will easily see March comps printing...
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Brian Sozzi Says Buy High & Low End Retailers (TRLG, M, ANF)
Friday, April 1, 2011 - 1:16pm | 151Brian Sozzi of Wall Street Strategies was interviewed by Yahoo Finance's breakout, and he is saying to buy the low and higher end retail names, as he believes they will fare the best. In the interview, Sozzi mentioned names like True Religion (NASDAQ: TRLG), Macy's (NYSE: M) and Abercrombie &...
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Wall Street Strategies Reiterates Urban Outfitters Sell, Lowers PT (URBN)
Friday, April 1, 2011 - 11:40am | 147Wall Street Strategies reiterated its Urban Outfitters (NASDAQ: URBN) Sell rating and lowered Urban Outfitters' price target from $28 to $26 in a research report published today. In the report, Wall Street Strategies states, "The fashion cycle has not yet swung back in the favor of Urban...
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Brian Sozzi Says Sell Wal-Mart (WMT)
Thursday, March 31, 2011 - 2:52pm | 164Brian Sozzi of Wall Street Strategies was on Yahoo Finance's "Breakout" program, and he said to sell Wal-Mart (NYSE: WMT). Sozzi put a sell rating on the world's largest retailer in December, and continues to be so. Earlier today, Wal-Mart CEO Bill Simon came out and said that he sees "serious...
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Brian Sozzi Thinks Whirpool Is Cheap (WHR)
Thursday, March 31, 2011 - 11:16am | 96Brian Sozzi of Wall Street Strategies just tweeted that he thinks Whirpool (NYSE: WHR) is cheap at these levels. If you agree with Sozzi, and believe that Whirpool shares are cheap, then perhaps now is a good time to purchase shares. At last check, shares were trading at $86.77, a gain of $2.58,...
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Gonna Fly Now? Brian Sozzi Says Target Will Get Up Off The Mat (TGT, URBN)
Wednesday, March 30, 2011 - 8:27am | 424Brian Sozzi of Wall Street Strategies is out with a research report on Target (NYSE: TGT) and Urban Outfitters (NASDAQ: URBN), as both names are at or near 52 week lows. Sozzi says that Target will be the one to rebound, as the company is transitioning itself to have food be a larger percentage of...
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Brian Sozzi Notes Macy's Low Valuation (M)
Tuesday, March 29, 2011 - 12:30pm | 90Brian Sozzi of Wall Street Strategies tweeted that Macy's (NYSE: M) is trading below the valuation of recent deals we've seen in the retail space, and it could potentially be worth a look here, if you believe that shares of Macy's are undervalued. Sozzi notes that Macy's is trading at 4.8 times...