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Monro Muffler Has 'Promising' Unit Growth Potential, Goldman Sachs Says In Upgrade
Friday, July 13, 2018 - 12:19pm | 363Goldman Sachs sees substantial growth potential in Monro Inc (NASDAQ: MNRO) and a chance to recapture same-store sales momentum. The Analyst Matthew Fassler of Goldman Sachs upgraded Monro from Neutral to Buy and raised the stock’s 12-month price target from $59 to $71. The Thesis...
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Ulta Beauty Downgraded By Goldman Sachs As Loyalty Program Growth Slows
Tuesday, June 5, 2018 - 2:17pm | 381Ulta Beauty Inc (NASDAQ: ULTA) risk-reward scenario appears more balanced following the stock’s recent recovery, according to a new report from Goldman Sachs. The Analyst Goldman Sachs analyst Matthew Fassler downgraded Ulta from Buy to Neutral rating and raised the price target from $241...
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Why Goldman Sachs Is Adding AutoZone, McDonald's To Its Conviction List
Monday, May 7, 2018 - 1:41pm | 667Goldman Sachs' "Conviction List" of stocks that are expected to outperform now includes two new entrants: auto parts retailer AutoZone, Inc. (NYSE: AZO) and fast food chain McDonald's Corporation (NYSE: MCD). The Analyst Goldman Sachs' Matthew Fassler maintains a Buy rating...
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Goldman Sachs Upgrades Tractor Supply On Favorable Macro Trends, Business Drivers
Monday, April 16, 2018 - 4:34pm | 424Tractor Supply Company (NASDAQ: TSCO) is well-positioned to take advantage of two notable macro tailwinds and three company-specific initiatives, according to Goldman Sachs. The Analyst Goldman Sachs' Matthew Fassler upgraded Tractor Supply from Neutral to Buy with a price target lifted...
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Goldman Sachs Upgrades Walmart To Buy, Credits Tax Reform
Thursday, January 18, 2018 - 9:57am | 349Shares of Wal-Mart Stores Inc (NYSE: WMT) have gained more than 50 percent over the past year as the company's various initiatives gained momentum. But one notable firm kept a neutral stance on the stock until now. The Analyst Goldman Sachs' Matthew Fassler upgraded Walmart's stock...
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Goldman Sachs: Wal-Mart's Progress Impresses, But It's Time For A Pause
Monday, November 20, 2017 - 12:15pm | 402Wal-Mart Stores Inc (NYSE: WMT) has stood its ground against e-commerce and discount rivals that are trampling retail peers. It’s survived toy competitors, clothing competitors and grocery competitors. It’s earned Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG)’s backing. It’s...
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Ulta Beauty A Buy, But A Few Blemishes Move Stock Off Goldman's Conviction List
Monday, October 16, 2017 - 12:10pm | 403Analysts at Goldman Sachs turned less bullish on Ulta Beauty Inc (NASDAQ: ULTA) amid a more mixed beauty environment. The firm's Matthew Fassler maintains a Buy rating on Ulta's stock with a price target lowered from $290 and $267 while simultaneously removing the name from the "Goldman Sachs...
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Analyst Sees Opportunity To Buy The Dip In Ulta Beauty, Adds To Conviction List
Friday, July 14, 2017 - 12:25pm | 395While Ulta Beauty Inc (NASDAQ: ULTA)'s stock has been tumbling amid Amazon.com, Inc. (NASDAQ: AMZN)'s fears, that did not stop Goldman Sachs analyst Matthew Fassler from upgrading Ulta to Buy with a $310 price target. He also added Ulta to Goldman’s Conviction List. “We are positive...
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'Well-Positioned' Walmart Added To Goldman's Conviction List
Friday, July 14, 2017 - 10:50am | 421As retailers continue to feel threatened by Amazon.com, Inc. (NASDAQ: AMZN), Goldman Sachs analyst Matthew Fassler still sees Wal-Mart Stores Inc (NYSE: WMT) as “well-positioned.” “We believe that the company is as well positioned as any mass market retailer — in an...
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Here's Every Rating And Price Target On Target After Q3 Earnings
Thursday, November 17, 2016 - 2:31pm | 575Target Corporation (NYSE: TGT)'s third-quarter earnings report impressed investors, but is the same sentiment shared across Wall Street? Citi Kate McShane of Citi Research stated it remains to be seen if the traffic gains contributed to a beat-and-raise quarter are here to stay. The analyst noted...
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Goldman Sachs Cuts Bed Bath & Beyond's Q2 Expectations Following Q1 Report, Says 'Omnichannel Is Omnichallenged'
Thursday, June 23, 2016 - 10:37am | 254Goldman Sachs has cut its second-quarter estimates for Bed Bath & Beyond Inc. (NASDAQ: BBBY) following the retailer's first-quarter results, which fell short of both Goldman Sachs' and consensus' expectations on a top-line shortfall. However, the brokerage said the result is "not shocking," as...
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Goldman Sachs: $15 Minimum Wage Would Hit These Stocks Hardest
Wednesday, June 1, 2016 - 10:22am | 581A number of states and cities have issued minimum wage hikes in the past couple of years. With minimum wage hikes starting to gain momentum, Goldman Sachs analyst Matthew Fassler addressed the issue every investor has on his or her mind: Which companies could be hit hardest by a potential federal...
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Goldman Concerned Over Retail Stocks, Where To Park The Money
Monday, May 16, 2016 - 10:09am | 1137While the widespread fears of recession have faded, Goldman is concerned that the "setup actually appears tougher" for the retail/discretionary portion of its coverage. 4 Concerns Goldman has put out four concerning factors for the retail stock outlook. 1. Energy Pricing Peak Analyst Matthew...
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Goldman Still Selling O'Reilly Automotive Into Earnings
Tuesday, April 26, 2016 - 12:30pm | 314Goldman Sachs maintained its Sell rating on O'Reilly Automotive Inc (NASDAQ: ORLY), which will report its first quarter numbers on April 27. The consensus estimate calls for 21 percent year-over-year growth in earnings at $2.49 a share and 8.30 percent increase in revenue to $2.06 billion...
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Best Buy Shares Fall After Goldman Downgrade
Friday, February 19, 2016 - 4:35pm | 343Shares of Best Buy Co Inc (NYSE: BBY) have tumbled as much 4 percent after Goldman Sachs downgraded the stock to Neutral from Buy and removed it from the Americas Buy List. Analyst Matthew Fassler said, "[W]e expect a sluggish wireless market to overshadow ongoing strength in TV sales, driving a...