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Target Analysts React To Q4 Earnings, Investor Day Presentation
Wednesday, March 4, 2020 - 2:39pm | 598Target Corporation (NYSE: TGT) reported fourth-quarter results Tuesday morning, followed up with an investor day presentation. Here is a summary of how some of the Street's top analysts reacted to management's discussion and presentation. The Target Analyst Stifel analyst Mark Astrachan...
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Costco Analysts Mostly Bullish After Q4 Earnings Beat, Growth In Membership, Traffic
Friday, October 4, 2019 - 11:52am | 638Analysts praised Costco Wholesale Corporation (NASDAQ: COST) for double-digit EPS and strong comparable store sales growth, and in a couple cases raised price expectations on the stock after the retailer's fourth-quarter report. The company beat earnings estimates by 15 cents ...
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Retail Roundup: Target, Lowe's Report Earnings Beats; Pros Say Recession, Tariff Concerns Overblown
Wednesday, August 21, 2019 - 4:51pm | 727Wednesday's trading session was a busy day for investors with exposure to the retail space, as Target Corporation (NYSE: TGT) and Lowe's Companies, Inc. (NYSE: LOW) each reported strong second-quarter results. Three Tailwinds Target and Lowe's share three similar tailwinds that...
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The Street Debates Monster Beverage's Quarter
Friday, May 3, 2019 - 3:04pm | 817Monster Beverage Corp (NASDAQ: MNST) reported a top-and-bottom line beat in its first quarter results but some Street analysts remain convinced a bullish stance on the stock can be justified. The Analysts Stifel's Mark Astrachan maintains a Buy rating on Monster Beverage's stock with a...
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Stifel Downgrades Nu Skin To Sell Amid Chinese Clampdown On Direct Selling
Monday, March 25, 2019 - 3:37pm | 332Multi-level marketing company Nu Skin Enterprises, Inc. (NYSE: NUS) has been embroiled in a recent controversy surrounding a customer death who reportedly relied solely on the company's health products to treat fever. The Analyst Stifel analyst Mark Astrachan downgraded Nu Skin from Hold to...
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How Aluminum Prices Impact Monster Beverage's Gross Margins
Wednesday, April 25, 2018 - 5:13pm | 371Since February, aluminum prices have risen 8 percent, contributing to an 18-percent year-over-year rise related to U.S. sanctions against a Russian producer. Costs are expected to grow to an extent that could dent canned beverage distributors. The Rating Stifel Nicolaus analysts Mark Astrachan...
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Costco's 'Strong' March Comps Suggest Consumer Value Proposition Is 'Winning'
Thursday, April 12, 2018 - 2:23pm | 405Costco Wholesale Corporation (NASDAQ: COST) reported Wednesday multiple sales metrics for the month of March which reinforced the case for owning the stock, according to Stifel. The Analyst Stifel's Mark Astrachan maintains a Buy rating on Costco with an unchanged $200 price target....
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Analyst: Why Humana And Walmart Could Make Sense Together
Monday, April 2, 2018 - 10:24am | 424Retail giant Walmart Inc (NYSE: WMT) is reportedly in early discussions with Humana Inc (NYSE: HUM) that include the possibility of an outright acquisition, The Wall Street Journal reported. The Analyst Stifel's Mark Astrachan maintains a Hold rating on Walmart's stock with an unchanged $...
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7 Analysts Weigh In On Ulta's Q4 Miss
Monday, March 19, 2018 - 9:59am | 768Analyst updates poured in after Ulta Beauty Inc (NASDAQ: ULTA) reported a fourth-quarter earnings and sales miss, despite comps that were up 8 percent in the quarter. The cosmetics retailer issued weak first-quarter sales guidance and said it expects comps to rise 6-8 percent on the year. ...
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Stifel Remains A Costco Bull After In-Line Q2
Thursday, March 8, 2018 - 11:12am | 465Costco Wholesale Corporation (NASDAQ: COST) reported fiscal second-quarter results Wednesday that were generally in-line with consensus estimates and reinforced the bullish case for owning the warehouse club's stock, according to Stifel. The Analyst Stifel's Mark Astrachan maintains...
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What Does Wall Street Think Of Costco Now?
Friday, October 6, 2017 - 2:32pm | 918Shares of Costco Wholesale Corporation (NASDAQ: COST) were trading lower by more than 5 percent on Friday after the company's fiscal fourth-quarter earnings report had many investors concerned with a dip in margins. Here is a roundup of what some of Wall Street's most notable analysts are saying...
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Several Analysts Still Remain Bullish On Starbucks, Despite Disappointing Earnings Call
Friday, July 28, 2017 - 11:38am | 720“Growth potential as strong as the coffee,” one analyst noted even after Starbucks Corporation (NASDAQ: SBUX)'s disappointing third-quarter earnings call. But, that did not stop the majority of Wall Street analysts from slashing their ratings and price targets on Starbucks, as it...
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Finding Meaning In Beauty: Stifel Left Ulta Exec Meeting With 'Increased Confidence'
Tuesday, June 6, 2017 - 11:18am | 293After meeting with Ulta Beauty Inc (NASDAQ: ULTA)'s executive management, Stifel research analysts Mark Astrachan, Claire Chamberlin and Michael Kobrick have placed a Hold rating on Ulta and raised their target price to $325. Justification For Sidelined Position Amid 'Increased Confidence' The...
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Stifel Upgrades Starbucks To Buy, Expects Comps To Hit 6%
Thursday, April 20, 2017 - 9:46am | 334Mark Astrachan of Stifel upgraded shares of Starbucks Corporation (NASDAQ: SBUX) from Hold to Buy with a price target raised from $60 to $67 as the company's is expected to post strong same-store sales growth metrics for quarters to come. According to Astrachan, Starbucks' U.S. comp store sales...
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Wal-Mart's E-Commerce Investments Paying Off, However Modestly
Wednesday, February 22, 2017 - 11:57am | 354At a time when Wal-Mart Stores Inc (NYSE: WMT) bulls were cheering for the retail giant’s strong online sales numbers for the holiday quarter, Stifel is not that impressed and prefers to remain on the sidelines. Wal-Mart's Performance Wal-Mart delivered a surprisingly impressive 29 percent...