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BMO Capital Maintains Underperform Rating On Wal-Mart Stores
Monday, August 22, 2016 - 1:27pm | 481BMO Capital has maintained its Underperform rating on Wal-Mart Stores, Inc. (NYSE: WMT), despite better-than-expected second-quarter earnings and gross margin. The world's biggest retailer reported adjusted EPS of $1.07, which exceeded the Street estimates by $0.05 a share and BMO estimates by $0....
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Target's EPS Estimates Still 'Too High'
Wednesday, July 6, 2016 - 9:42am | 267BMO said the earnings estimates of Target Corporation (NYSE: TGT) still "looks too high" amid gross margin pressures. The retailer has been hurt by broad weakening consumer demand and below planned sales and margin pressures. "While we believe Target's leadership team is...
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BMO Sees 7% Upside In Dollar Tree
Tuesday, May 31, 2016 - 3:02pm | 272BMO has raised the price target of Dollar Tree, Inc. (NASDAQ: DLTR) to $95 from $84 and sees a 7 percent upside in shares, after the discount retailer reported a better-than-expected first quarter and raised 2016's EPS outlook on favorable cost management. Analysis "While we have ongoing concerns...
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BMO Upgrades Lowe's On Economic Improvement In American Southeast
Tuesday, June 30, 2015 - 10:26am | 242In a report published Tuesday, BMO Capital analyst Wayne Hood upgraded the rating on Lowe's Companies, Inc. (NYSE: LOW) from Market Perform to Outperform, while raising the price target from $73 to $81. "Our State Economic Scorecard research points to potentially stronger relative improvement in...
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Target Reaches BMO's Valuation; Rating Downgraded By Firm
Friday, June 26, 2015 - 11:28am | 255In a report published Friday, BMO Capital analyst Wayne Hood downgraded the rating on Target Corporation (NYSE: TGT) from Outperform to Market Perform, with an $85 price target. The stock is trading near all-time highs. "Target announced Kathee Tesija, EVP and Chief Merchandising and Supply Chain...
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BMO Capital Markets Believes Below-Average EPS Growth Leaves Hibbett Sports Sidelined For Now
Monday, March 16, 2015 - 9:53am | 112In a report published Monday, BMO Capital Markets analyst Wayne Hood reiterated a Market Perform rating and $53.00 price target on Hibbett Sports, Inc. (NASDAQ: HIBB). In the report, BMO Capital Markets noted, "Our comments follow Hibbett's 4Q14 EPS print of $0.79, which was above our estimate of $...
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UPDATE: BMO Capital Raises PT on Lowe's Companies Following 2Q13 EPS Release
Thursday, August 22, 2013 - 12:39pm | 150In a report published Thursday, BMO Capital Markets analyst Wayne Hood reiterated a Market Perform rating on Lowe's Companies (NYSE: LOW), and raised the price target from $43.00 to $50.00. In the report, BMO Capital Markets noted, “Our comments follow our initial impressions of LOW's 2Q13 EPS...
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UPDATE: BMO Capital Raises PT on The Home Depot Following Impressive 2Q13 Results
Wednesday, August 21, 2013 - 11:07am | 163In a report published Wednesday, BMO Capital Markets analyst Wayne Hood reiterated a Market Perform rating on The Home Depot (NYSE: HD), and raised the price target from $80.00 to $82.00. In the report, BMO Capital Markets noted, “While the 2Q13 results were impressive, the stock traded down 1.2%...
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UPDATE: BMO Capital Markets Raises PT on Tractor Supply Company Following 2Q13 EPS Report
Friday, July 26, 2013 - 12:17pm | 209In a report published Friday, BMO Capital Markets analyst Wayne Hood reiterated a Market Perform rating on Tractor Supply Company (NASDAQ: TSCO), and raised the price target from $113.00 to $127.00. In the report, BMO Capital Markets noted, “Tractor Supply reported better-than-expected 2Q13 EPS of...
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UPDATE: BMO Capital Markets Lowers PT on Dollar General Following 1Q13 Adjusted EPS
Wednesday, June 5, 2013 - 10:45am | 125In a report published Wednesday, BMO Capital Markets analyst Wayne Hood reiterated an Outperform rating on Dollar General Corp. (NYSE: DG), but lowered the price target from $60.00 to $58.00. In the report, BMO Capital Markets noted, “1Q13 adjusted EPS of $0.71 was in line with consensus estimates...
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UPDATE: BMO Capital Markets Raises PT on Home Depot Following 1Q13 EPS
Wednesday, May 22, 2013 - 11:41am | 141In a report published Wednesday, BMO Capital Markets analyst Wayne Hood raised the price target on Home Depot (NYSE: HD) from $72.00 to $80.00, and maintained the Market Perform rating. In the report, BMO Capital Markets noted, “1Q13 EPS of $0.83 exceeded our and consensus estimates of $0.77 on...
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UPDATE: BMO Capital Markets Downgrades Dick's Sporting Goods to Market Perform on Multiple Factors
Wednesday, May 22, 2013 - 11:40am | 253In a report published Wednesday, BMO Capital Markets analyst Wayne Hood downgraded the rating on Dick's Sporting Goods (NYSE: DKS) from Outperform to Market Perform, and maintained the $57.00 price target. In the report, BMO Capital Markets noted, “We are lowering our rating to Market Perform...
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Hood Likes Home Depot (HD) And Lowe's (LOW)
Friday, July 2, 2010 - 12:53am | 129Retail analyst Wayne Hood of BMO Capital Market was on the CNBC Fast Line today. Hood is bullish on Home Depot (HD) and Lowe's (LOW). He has upgraded the stocks to market perform believing that these 2 stocks have bottomed up. He loves the business models at both companies and believes that they...