Denise Chai

In a report published Friday, Bank of America analyst Denise Chai reiterated an Underperform rating on Pier 1 Imports Inc (NYSE: PIR), but lowered the price target from $13.00 to $12.00. In the report, Bank of America noted, “We are staying cautious on Pier 1 as we think its painful multi-year...

In a report published Monday, Bank of America analyst Denise Chai reiterated a Buy rating and $7.00 price target on Office Depot Inc (NYSE: ODP). In the report, Bank of America noted, “We hosted meetings with Office Depot's CFO, Steve Hare, and Mike Steele, IR, in Philadelphia. Our key takeaway was...

In a note released Friday, Bank of America analyst Denise Chai reinstated shares of PetSmart, Inc. (NASDAQ: PETM) with an Underperform rating and a $55 price objective. Chai noted that shares of PetSmart are up 21 percent since Jana Partners announced a 9.9 percent stake in the company in July...

In a report published Tuesday, Bank of America analyst Denise Chai reiterated a Buy rating and $82.00 price target on Williams-Sonoma (NYSE: WSM). In the report, Bank of America noted, “WSM fell 12% after reporting Q2 earnings that beat the high end of its guidance despite tax headwinds. We believe...

Dollar Tree (NASDAQ: DLTR) was upgraded by at least one analyst Monday after its $8.5 billion bid for Family Dollar (NYSE: FDO) appeared to be headed nowhere. Dollar Tree shares were down 2.1 percent Monday afternoon to $54.44. Bank of America's Denise Chai said Dollar Tree's...

In a report published Tuesday, Bank of America analyst Denise Chai moved the rating on PetSmart (NASDAQ: PETM) from Underperform to No Rating, and removed the $48.00 price target. In the report, Bank of America noted, “Jana Partners, disclosed on 7/3 a 9.9% stake in PETM, from a prior position of 5...

Bed Bath & Beyond (NASDAQ: BBBY) had been rebounding since a post-earnings selloff, but a Bank of America downgrade may end the trend. Bed Bath & Beyond was cut from Neutral to Underperform and the price target was dropped from $63 to $51. One of the biggest threats Bed Bath &...

In a report published Monday, Bank of America analyst Denise Chai upgraded the rating on Williams-Sonoma (NYSE: WSM) from Neutral to Buy, and raised the price target from $70.00 to $82.00. In the report, Bank of America noted, “Given improved visibility and solid execution, we are upgrading WSM to...

In a report published Monday, Bank of America analyst Denise Chai reiterated a Buy rating on Tempur Sealy International (NYSE: TPX), and raised the price target from $60.00 to $65.00. In the report, Bank of America noted, “Recent comments from TPX and the largest specialty bedding retailer,...

In a report published Tuesday, Bank of America analyst Denise Chai moved the rating on Family Dollar Stores (NYSE: FDO) from Underperform to No Rating, and removed the $53.00 price target. In the report, Bank of America noted, “Following the disclosure after market on Friday that Icahn has taken a...

In a report published Tuesday, Bank of America analyst Denise Chai downgraded the rating on PetSmart (NASDAQ: PETM) from Neutral to Underperform, and lowered the price target from $77.00 to $60.00. In the report, Bank of America noted, “We are downgrading PETM from Neutral to Underperform and...

In a report published Thursday, Bank of America analyst Denise Chai downgraded the rating on Bed Bath & Beyond (NASDAQ: BBBY) from Buy to Neutral, and lowered the price target from $87.00 to $72.00. In the report, Bank of America noted, “BBBY remains a leading home furnishings retail with a...

In a report published Monday, Bank of America analyst Denise Chai downgraded the rating on The Container Store Group (NYSE: TCS) from Neutral to Underperform, and lowered the price target from $46.00 to $32.00. In the report, Bank of America noted, “We are downgrading TCS to Underperform and...

In a report published Friday, Bank of America analyst Denise Chai reiterated a Neutral rating on AutoZone (NYSE: AZO), and raised the price target from $530.00 to $561.00. In the report, Bank of America noted, “Given positive commentary and material earnings beats from ORLY and AAP yesterday...

In a report published Wednesday, Bank of America Merrill Lynch analyst Denise Chai downgraded The Container Store Group (NYSE: TCS) to Neutral from Buy, with a $46.00 price target. According to the report, the downgrade was due to the view that the stock lacks clear positive catalyst after its...