Charles Grom

In a report published on Wednesday, analysts from Sterne Agee initiated coverage for Family Dollar Stores (NYSE: FDO) with a Neutral rating and $62 PT. In the report lead analyst, Charles Grom commented that, "While we've been big supporters of the dollar store arena since the Great Recession of...

In a report published on Wednesday, Sterne Agee initiated coverage on Dollar General (NYSE: DG) with a Neutral rating and a $56.00 price target. In the report lead, analyst Charles Grom commented that, "Despite growing SPSF by ~25% since '08 ($158-->$195), we still see multiple levers ahead for...

In a report published on Wednesday, Sterne Agee analyst Charles Grom initiated coverage on The Fresh Market (NASDAQ: TFM) with a Buy rating and a price target of $60. In the report, Sterne Agee stated, "We see three pockets of upside to our 4.0% SSS forecast. First, based on our new store...

In a report published on Wednesday, Sterne Agee analyst Charles Grom initiated coverage on Costco Wholesale (NASDAQ: COST) with a Buy rating and a price target $130.00. In the report, Sterne Agee noted, "A key tenet to our Barbell Strategy is to identify retailers with long-term structural...

In a report published on Wednesday, analysts from Sterne Agee initiated coverage on Dollar Tree (NASDAQ: DLTR) with a Buy rating and a $58.00 price target. In the report, lead analyst Charles Grom commented that, "With traffic slowing recently (+1.3% in 3Q12-1Q13 vs. 4.9% average in prior ten...

In a report published on Wednesday, Sterne Agee analyst Charles Grom initiated coverage on Whole Foods Market (NASDAQ: WFM) with a Buy rating and a price target of $61.00. In the report, Sterne Agee noted, "Within the context of our Barbell Strategy (balancing strong fundamental stories with...

When former Apple (NASDAQ: AAPL) exec Ron Johnson was hired as CEO of struggling retailer J.C. Penney (NYSE: JCP), he outlined a strategy which spurned the company's previous highly promotional approach in favor of more straightforward pricing. To this end, the company implemented a three-level...

J.P. Morgan Securities analysts Charles Grom, Aaron Stein, Paul Trussell and Radina L Russell maintained their Neutral rating for shares of Family Dollar Stores, Inc. (NYSE: FDO), with a price target of $32. The analysts said that they are expecting mostly good news when Family Dollar Stores...

Analyst Charles Grom of JP Morgan reiterates his “overweight” rating on Target Corporation (NYSE: TGT), while raising his estimates for the company. The price target for TGT is set to $56. Target’s top-line was strong in December and has been healthy so far this month. TGT seems poised to...

According to The Wall Street Journal, valuation multiples for retailers from Costco Wholesale Corp. (NASDAQ: COST) to Macy's Inc. (NYSE: M) have increased on hopes that consumers will drift back to old habits. Decreasing sales for Family Dollar Stores Inc., (NYSE: FDO) reflects modest traffic...