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Whole Foods Downgraded At Cleveland Research, Firm Warns Of Downside Coming
Monday, October 26, 2015 - 12:08pm | 287The share price of Whole Foods Market, Inc. (NASDAQ: WFM) has declined 38.75 percent year-to-date, hitting a low of $30.75 on September 28. Scott Bender of Cleveland Research has downgraded the rating on the company to Underperform. Bender believes that with sales seeming to have slowed...
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Cleveland Research Downgrades Macy's Amid 'Challenging QTD Performance'
Monday, October 5, 2015 - 12:30pm | 309Shares of Macy's, Inc. (NYSE: M) have declined 24.36 percent over the past six months, while rising more than 2 percent in the last five trading days. Matthew Delly of Cleveland Research Company has downgraded the rating on the company to Neutral. The downgrade is based on the company...
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Cleveland Research: FTC Blocking Staples/Office Depot Merger 'Most Probable Outcome'
Thursday, July 23, 2015 - 1:40pm | 411In a report published Thursday, Cleveland Research Company analyst Daryl Boehringer detailed why he is taking a "cautious view" on the Office Products sector with a particular focus on Office Depot Inc (NASDAQ: ODP). Boehringer started off by stating that he remains "skeptical...
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Cleveland Research Just Cut Apple iPhone And Watch Expectations
Tuesday, June 9, 2015 - 12:55pm | 421Cleveland Research analyst Ben Bollin seems to be one of the few people not excited a day after Apple Inc. (NASDAQ: AAPL)'s WWDC. In a note published Tuesday, Bollin reiterated a Neutral rating on the Cupertino-based tech giant. Bad Signs For iPhone In particular, he said suppliers are...
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Why Homebuilder Lennar Is Looking Better
Wednesday, March 18, 2015 - 7:50am | 578Cleveland Research Company on Tuesday issued a report primarily focused on Lennar Corporation (NYSE: LEN) while updating the homebuilding sector in general. The other builder specifically mentioned in the report was D.R. Horton, Inc. (NYSE: DHI). Homebuilders - Big Picture Cleveland...
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Analyst: Our FedEx Outlook Is 'More Cautious' Because Of Fuel
Tuesday, March 17, 2015 - 1:14pm | 194In a report published Tuesday, Cleveland Research Company analyst Bryan Merolla commented that FedEx Corporation (NYSE: FDX) will see a number of headwinds over the next few quarters. Merolla noted that near-term expectations are achievable for FedEx as the company will see benefits from growth in...
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McDonald's: 5 Interesting Themes These Analysts Are Watching
Tuesday, March 17, 2015 - 11:53am | 256In a report published Tuesday, Cleveland Research Company analyst Steven Gojack presented five key themes that McDonald's Corporation (NYSE: MCD) should be aware of. 1. 2015 is likely a "transition year" as the company is focusing on improving its brand image, de-emphasizing its dollar menu,...