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UPDATE: Bank of America Initiates Coverage on The Container Store Group as High-Quality Growth Warrants a Premium
Tuesday, November 26, 2013 - 9:29am | 227In a report published Tuesday, Bank of America analyst Denise Chai initiated coverage on The Container Store Group (NYSE: TCS) with a Buy rating and $48.00 price target. In the report, Bank of America noted, “We view The Container Store (TCS) as one of the most compelling and high quality growth...
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UPDATE: Bank of America Upgrades Office Depot on BTE Synergy Potential, New CEO
Thursday, November 14, 2013 - 11:06am | 173In a report published Thursday, Bank of America analyst Denise Chai upgraded the rating on Office Depot (NYSE: ODP) from Underperform to Buy, and raised the price target from $3.50 to $6.50. In the report, Bank of America noted, “With the merger with OfficeMax completed on Nov 5 and the stock down...
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UPDATE: Bank of America Downgrades PetSmart on Increased Caution on NT Momentum
Friday, November 1, 2013 - 9:21am | 170In a report published Friday, Bank of America analyst Denise Chai downgraded the rating on PetSmart (NASDAQ: PETM) from Buy to Neutral, and lowered the price target from $90.00 to $80.00. In the report, Bank of America noted, “We are downgrading PETM from Buy to Neutral and lowering our PO to $80...
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UPDATE: Bank of America Upgrades Bed Bath & Beyond on Positive Margins
Friday, June 28, 2013 - 8:21am | 156In a report published on Friday, Bank of America analyst Denise Chai upgraded Bed Bath & Beyond (NASDAQ: BBBY) from Neutral to Buy and raised the price target on the company from $75 to $82. In the report, Bank of America stated, "Trading on a ~20% discount to its 5-year avg of 15x P/E, we...
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UPDATE: Bank of America Lowers PT on Whirlpool Following Lowered Estimates
Monday, June 24, 2013 - 10:09am | 186In a report published Monday, Bank of America analyst Denise Chai reiterated a Buy rating on Whirlpool (NYSE: WHR), but lowered the price target from $165.00 to $160.00. In the report, Bank of America noted, “We are slightly lowering our estimates to account for FX headwinds and social unrest...
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Bank of America Reiterates Buy Rating on Lowe's Following Orchard Supply Purchase
Monday, June 17, 2013 - 11:03am | 154In a report published Monday, Bank of America analyst Denise Chai reiterated a Buy rating and $50.00 price target on Lowe's (NYSE: LOW). In the report, Bank of America noted, “LOW has agreed to acquire at least 60 stores in CA from Sears' spin-off, Orchard Supply Hardware (OSH, Not Rated) for $...
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UPDATE: Bank of America Reiterates Buy Rating on Dollar General on Long Term Positives
Friday, May 31, 2013 - 8:09am | 170In a report published on Friday, Bank of America analyst Denise Chai reiterated a Buy rating on Dollar General (NYSE: DG) and maintained a $68 price objective. In the report, Bank of America commented that, "Earlier this month, we upgraded DG from Neutral back to Buy, as we expect long- term...
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UPDATE: Bank of America Downgrades Williams-Sonoma on Lack of Catalysts
Friday, May 17, 2013 - 10:20am | 175Bank of America analyst Denise Chai published a report Friday on Williams-Sonoma (NYSE: WSM) that downgraded the stock from Buy to Neutral and raised the price objective from $55 to $60. In the report, Bank of America stated, "We are downgrading WSM from Buy to Neutral and lifting our PO to $60...
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UPDATE: Bank of America Raises PO on Office Depot as Merger Progresses
Friday, May 17, 2013 - 10:19am | 149Bank of America analyst Denishe Chai published a report Thursday on Office Depot (NYSE: ODP) and raised the price objective on the stock from $1.65 to $3.50 and maintained an Underperform rating. In the report, Bank of America commented that, "The process continues for the proposed merger of...