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Analysts Remain Optimistic On Safeway Amidst Mixed 4Q Results And Possible Sale Discussion
Thursday, February 20, 2014 - 4:52pm | 506Analysts respond following Safeway's (NYSE: SWY) fourth quarter 2013 results on Wednesday. Fourth Quarter Results and Announcements Safeway reported fourth quarter EPS of $0.35 versus the estimated $0.48, missing by $0.13. EPS were down 34% from the same quarter last year. Revenue came in at $...
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UPDATE: Deutsche Bank Lowers PT on Sprouts Farmers Market Following Culver City Store Tour
Monday, December 16, 2013 - 1:28pm | 132In a report published Monday, Deutsche Bank analyst Karen Short reiterated a Buy rating on Sprouts Farmers Market (NASDAQ: SFM), but lowered the price target from $52.00 to $45.00. In the report, Deutsche Bank noted, “Last week, we had the opportunity to host a Sprouts store tour in Culver City (...
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Fresh Market Shares Respond Following Disappointing Q3 Earnings
Friday, November 22, 2013 - 3:33pm | 549Shares of The Fresh Market (NASDAQ: TFM) respond following disappointing third quarter fiscal 2013 earnings. On Thursday, The Fresh Market reported that net sales increased 13.4 percent to $364.5 million and comparable store sales increased 3.1 percent compared to 3Q12. The company reported third...
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UPDATE: Deutsche Bank Reiterates on The Fresh Market Following 3Q Results Miss
Friday, November 22, 2013 - 11:46am | 121In a report published Friday, Deutsche Bank analyst Karen Short reiterated a Buy rating on The Fresh Market (NASDAQ: TFM), but lowered the price target from $58.00 to $48.00. In the report, Deutsche Bank noted, “3Q missed (EPS of $0.23 vs. our/Consensus of $0.26) and FY13 EPS guidance was lowered...
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UPDATE: Deutsche Bank Raises PT on Safeway on Multiple Positive Factors
Friday, October 11, 2013 - 11:42am | 106In a report published Friday, Deutsche Bank analyst Karen Short reiterated a Buy rating on Safeway (NYSE: SWY), and raised the price target from $37.00 to $40.00. In the report, Deutsche Bank noted, “SWY took another major step along its path towards asset rationalization with the announcement...
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UPDATE: Deutsche Bank Initiates Coverage on The Pantry on Little Downside, Remaining Challenges
Thursday, September 26, 2013 - 8:55am | 156In a report published Thursday, Deutsche Bank analyst Karen Short initiated coverage on The Pantry (NASDAQ: PTRY) with a Hold rating and $13.00 price target. In the report, Deutsche Bank “We are initiating coverage of PTRY with a Hold rating and a $13 price target. Our PT values the stock at an...
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UPDATE: Deutsche Bank Initiates Coverage on Sysco on Multiple Negative Factors
Thursday, September 26, 2013 - 8:55am | 156In a report published Thursday, Deutsche Bank analyst Karen Short initiated coverage on Sysco Corporation (NYSE: SYY) with a Hold rating and $33.00 price target. In the report, Deutsche Bank “We are initiating coverage of SYY with a Hold rating and $33 price target. Our price target values the...
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UPDATE: Deutsche Bank Initiates Coverage on Sprouts Farmers Market on Multiple Positive Factors
Thursday, September 26, 2013 - 8:55am | 154In a report published Thursday, Deutsche Bank analyst Karen Short initiated coverage on Sprouts Farmers Market (NASDAQ: SFM) with a Buy rating and $52.00 price target. In the report, Deutsche Bank “We are initiating coverage of Sprouts Farmers Market with a Buy rating and a $52 price target....
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UPDATE: Deutsche Bank Initiates Coverage on United Natural Foods on Less Compelling ROIC
Thursday, September 26, 2013 - 8:06am | 153In a report published Thursday, Deutsche Bank analyst Karen Short initiated coverage on United Natural Foods (NASDAQ: UNFI) with a Hold rating and $65.00 price target. In the report, Deutsche Bank “We are initiating coverage of UNFI with a Hold. Our PT values the stock at an EV/EBITDA of 12.3x and...
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UPDATE: Deutsche Bank Initiates Coverage on Susser Holdings on Fair Valuation
Thursday, September 26, 2013 - 8:06am | 153In a report published Thursday, Deutsche Bank analyst Karen Short initiated coverage on Susser Holdings Corporation (NYSE: SUSS) with a Hold rating and $50.00 price target. In the report, Deutsche Bank “We are initiating coverage of SUSS with a Hold rating and a $50 price target. Our price target...
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UPDATE: Deutsche Bank Initiates Coverage on Vitamin Shoppe on Multiple Positive Factors
Thursday, September 26, 2013 - 8:05am | 147In a report published Thursday, Deutsche Bank analyst Karen Short initiated coverage on Vitamin Shoppe (NYSE: VSI) with a Buy rating and $52.00 price target. In the report, Deutsche Bank “VSI has experienced some challenges this year – including headwinds from Super Supplements and the new DC. As...
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UPDATE: Deutsche Bank Initiates Coverage on Casey's General Stores on Mixed Factors
Thursday, September 26, 2013 - 8:05am | 150In a report published Thursday, Deutsche Bank analyst Karen Short initiated coverage on Casey's General Stores (NASDAQ: CASY) with a Hold rating and $70.00 price target. In the report, Deutsche Bank “We are initiating coverage of CASY with a Hold rating and a $70 price target. Our price target...
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UPDATE: Deutsche Bank Initiates Coverage on SUPERVALU on Current Valuation
Thursday, September 26, 2013 - 7:52am | 140In a report published Thursday, Deutsche Bank analyst Karen Short initiated coverage on SUPERVALU (NYSE: SVU) with a Hold rating and $8.00 price target. In the report, Deutsche Bank “We are initiating coverage of SVU with a Hold rating and an $8 PT, which values SVU at an FY15E EV/EBITDA of 5.8x....
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UPDATE: Deutsche Bank Initiates Coverage on The Chefs' Warehouse on Mixed Factors
Thursday, September 26, 2013 - 7:52am | 152In a report published Thursday, Deutsche Bank analyst Karen Short initiated coverage on The Chefs' Warehouse (NASDAQ: CHEF) with a Hold rating and $23.00 price target. In the report, Deutsche Bank “We are initiating coverage of CHEF with a Hold and a $23 price target. Our price target values CHEF...
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UPDATE: Deutsche Bank Initiates Coverage on Safeway Ahead of Anticipated Turnaround
Thursday, September 26, 2013 - 7:52am | 155In a report published Thursday, Deutsche Bank analyst Karen Short initiated coverage on Safeway (NYSE: SWY) with a Buy rating and $37.00 price target. In the report, Deutsche Bank “We are initiating coverage of SWY with a Buy rating and a $37 PT. In contrast to most of our Buy-rated names, SWY's...