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Wedbush Comments On Post-Christmas Hardlines Channel Checks
Tuesday, December 30, 2014 - 9:53am | 449Wedbush commented on hardlines channel checks Monday and reported mixed results. Analyst Joan Storms found the least amount of holiday clearance at Dollar Tree, Inc. (NASDAQ: DLTR) which “continues to be a leader in planning its Holiday buys as almost the day after Christmas, there was...
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UPDATE: Wedbush Reiterates On Big Lots As Sell-Off Is Overdone
Monday, December 8, 2014 - 9:43am | 222In a report published Monday, Wedbush analyst Joan Storms reiterated an Outperform rating on Big Lots, Inc. (NYSE: BIG), but lowered the price target from $53.00 to $50.00. In the report, Wedbush noted, “After a big run-up in the company's stock price prior to the Q3 report, news of a slightly...
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UPDATE: Wedbush Reiterates On Mattress Firm Holding As Guidance Seems Conservative
Tuesday, December 2, 2014 - 9:29am | 205In a report published Tuesday, Wedbush analyst Joan Storms reiterated an Outperform rating on Mattress Firm Holding Corp (NASDAQ: MFRM), and raised the price target from $72.00 to $80.00. In the report, Wedbush noted, “We maintain our OUTPERFORM as MFRM continues to execute well and gain share in a...
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Analysts Respond to Tile Shop Holding Fraud Allegations
Friday, November 15, 2013 - 1:08pm | 286The Rosen Law Firm announced on Thursday that they will investigate potential securities claims against Tile Shop Holdings (NASDAQ: TTS) following allegations that the company uses an undisclosed related party to overstate earnings and has issued misleading business information. In a press release...
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Wedbush Reiterates Outperform on PetSmart on Multiple Positive Factors
Tuesday, October 15, 2013 - 11:51am | 149In a report published Tuesday, Wedbush analyst Joan Storms reiterated an Outperform rating and $82.00 price target on PetSmart (NASDAQ: PETM). In the report, Wedbush noted, “Maintain OUTPERFORM rating on this Best Ideas List Stock as we believe PetSmart still remains quite relevant and that the...
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UPDATE: Wedbush Upgrades Kirkland's on Multiple Positive Factors
Friday, August 23, 2013 - 11:46am | 198In a report published Friday, Wedbush analyst Joan Storms upgraded the rating on Kirkland's (NASDAQ: KIRK) from Neutral to Outperform, and raised the price target from $16.00 to $22.00. In the report, Wedbush noted, “We view Kirkland's as a viable competitor in home furnishings and accessories,...
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UPDATE: Wedbush Raises PT on Fred's on Strong June Sales
Friday, July 12, 2013 - 12:11pm | 75In a report published on Thursday, Wedbush analyst Joan Storms raised the price target on Fred's (NASDAQ: FRED) from $14 to $15 and maintained a Neutral rating. in the report, Wedbush stated, "We remain cautious about improved trends resulting from the company's new three-year Reconfiguration...
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UPDATE: Wedbush Raises PT on Bed Bath & Beyond on Q1 Sales Trends
Friday, June 21, 2013 - 1:21pm | 157In a report published on Friday, Wedbush analyst Joan Storms raised the price target on Bed Bath & Beyond (NASDAQ: BBBY) from $77 to $81 and reiterated an Outperform rating. In the report, Wedbush stated, "On a longer-term basis, we believe BBBY is a solid growth story and should continue...
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UPDATE: Wedbush Raises PT on Tile Shop Holdings Following Store Checks
Monday, June 17, 2013 - 10:27am | 173In a report published Monday, Wedbush analyst Joan Storms reiterated an Outperform rating on Tile Shop Holdings (NASDAQ: TTS), and raised the price target from $27.00 to $33.00. In the report, Wedbush noted, “Our store checks have revealed upbeat sales associates who indicated busy store...
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UPDATE: Wedbush Raises PT on Williams-Sonoma on Housing Recovery
Monday, May 20, 2013 - 3:52pm | 91In a report published on Monday, Wedbush analyst Joan Storms raised the price target on Williams-Sonoma (NYSE: WSM) from $47 to $50 and maintained a Neutral rating. In the report, Wedbush noted, "We continue to believe that Williams-Sonoma, one of the best-positioned retailers in home...
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99 Cents Only Stores Continues Trading Higher Than Offer Price (NDN)
Friday, March 11, 2011 - 4:00pm | 213While off the highs of the session at $19.92, shares of 99 Cents Only Stores (NYSE: NDN) shares continue to trade higher than the $19.09 per share CASH offer that it received to go private this morning. Private equity firm Leonard Green and the Schiffer/Gold family made the offer this morning,...