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Tractor Supply Shares Downgraded From Strong Buy To Market Perform
Thursday, September 8, 2016 - 9:11am | 324Tractor Supply Company (NASDAQ: TSCO) preannounced another quarter of declining comp sales. Apart from disappointing Q3 performance, the number of headwinds the company is facing “appears to be broadening,” Raymond James’ Dan Wewer said in a report. He downgraded the rating on...
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Wall Street Is Still Buying Best Buy
Wednesday, August 26, 2015 - 8:19am | 468Shares of Best Buy Co Inc (NYSE: BBY) surged by more than 12 percent on Tuesday after the company reported its second-quarter results. Here is what a couple of Wall Street's leading analysts thought of the report. Morgan Stanley: Q2 Strength Makes Guidance ‘More Likely' Simeon...
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Analysts Say Dollar Tree Comps Up, Margin Down On Merchandise Strategy
Friday, August 22, 2014 - 12:00pm | 411Dollar Tree's (NASDAQ: DLTR) relatively robust same-store sales growth of late resulted from a tactic that could get a big boost from its controversial plan to acquire Family Dollar Stores (NYSE: FDO). Same-store sales grew 4.5 percent in the recent quarter, the fastest rate since 2011 and...
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UPDATE: Raymond James Downgrades Family Dollar Stores
Thursday, January 16, 2014 - 12:04pm | 229In a report published Thursday, Raymond James analyst Dan Wewer downgraded Family Dollar Stores (NYSE: FDO) to Underperform from Market perform. According to the report, the downgrade reflects a coupling of a deteriorating outlook for same-store sales growth and profitability over the next 3-4...
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UPDATE: Raymond James Upgrades Casey's General Stores
Thursday, January 16, 2014 - 11:54am | 213In a report published Thursday, Raymond James analyst Dan Wewer upgraded Casey's General Stores (NASDAQ: CASY) to Outperform from Market Perform, changing its price target to $77.00 from NM. According to the report, the upgrade represents over a decade of annual same-store sale growth across all...
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UPDATE: Raymond James Upgrades Big Lots
Thursday, January 16, 2014 - 11:47am | 155In a report published Thursday, Raymond James analyst Dan Wewer upgraded Big Lots (NYSE: BIG) to Market Perform from Underperform. According to the report, the upgrade largely reflects Big Lots' more attractive valuation and is not a change in the analyst's cautious view of the company's business...