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Analysts Don't Hate Home Depot After Earnings
Tuesday, August 18, 2015 - 12:10pm | 750Read More...Shares of Home Depot Inc (NYSE: HD) rose to new 52-week highs on Tuesday after the company reported its second-quarter results. Here is a roundup of what some of Wall Street's top analysts are saying after the print. Credit Suisse: ‘Solid' Quarter Seth Sigman of Credit Suisse...
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Why Goldman Sachs Just Added CarMax To Its 'Conviction List'
Monday, August 3, 2015 - 1:02pm | 373Read More...Shares of CarMax, Inc (NYSE: KMX) were trading slightly higher on Monday after analysts at Goldman Sachs added the name to the firm's "Conviction List' which consists of investment ideas that offer a higher potential return. Shares sold off during the day and recently traded down...
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Lumber Liquidators Still Reeling From '60 Minutes' Report? Goldman Sachs Downgrades
Friday, March 13, 2015 - 9:37am | 185Read More...Goldman Sachs on Friday issued a report on Lumber Liquidators Holdings Inc (NYSE: LL), downgrading the retailer from Buy to Neutral due to a lower forecasted operating margin. Goldman Sachs also lowered its price target from $40 to $35. Analysts Matthew Fassler, Katie Price, Stephen Tanal and...
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A Look At 2 Hot Tech Retailers
Wednesday, January 14, 2015 - 4:48pm | 489Read More...As companies continue to report holiday results and analysts weigh in on them, two tech-related retailers, GameStop Corp. (NYSE: GME) and Best Buy Co Inc (NYSE: BBY), come into the spotlight. Related Link: GameStop Up 8% On Holiday Sales Report, Q4 Guidance GameStop GameStop was a big...
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Best Buy Surges Nearly 3% Amid Goldman Sachs Upgrade
Tuesday, January 13, 2015 - 10:25am | 141Read More...Shares of Best Buy Co Inc (NYSE: BBY) surged in Tuesday’s pre-market amid a Goldman Sachs upgrade to Buy. The firm also raised its price target from $38 to $45. Analyst Matthew Fassler noted Best Buy’s “positioning as the sole surviving national specialty retailer in a...
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Best Buy Shares Plunge On Disappointing Holiday Sales Data
Thursday, January 16, 2014 - 12:01pm | 792Read More...On Thursday morning, Best Buy (NYSE: BBY) announced holiday results that were disappointing. The company reported revenue of $11.45 billion during the nine week period that ended January 4. The company collected $11.75 billion during the same period last year. Holiday sales were hurt by a...
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UPDATE: Goldman Sachs Maintains Neutral On Home Depot
Wednesday, November 20, 2013 - 9:24am | 157Read More...In a report published Wednesday, Goldman Sachs analyst Matthew Fassler maintained a Neutral rating on Home Depot (NYSE: HD) and raised the target price from $86.00 to $90.00. In the report, Goldman Sachs says "HD delivered distinctively strong and (straightforward) numbers in a retail backdrop...
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UPDATE: Goldman Sachs Downgrades Ulta Salon to Neutral on Investment Cycle
Tuesday, June 4, 2013 - 8:33am | 151Read More...In a report published on Tuesday, Goldman Sachs analyst Matthew Fassler downgraded Ulta Salon (NASDAQ: ULTA) to Neutral and raised the price target from $93.00 to $98.00. In the report, Piper Jaffray noted, "In framing retail through the prism of e-commerce, we focus on a firm's investment in...
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UPDATE: Goldman Sachs Raises PT on Ethan Allen Despite Lower Sales Forecasts
Tuesday, May 21, 2013 - 11:54am | 124Read More...In a report published on Monday, Goldman Sachs analyst Matthew Fassler maintained a Sell rating on Ethan Allen (NYSE: ETH) but raised the 12 month price target from $24.00 to $26.00. In the report, Goldman Sachs pointed out, "During the March quarter, ETH experienced a soft top line due in part...
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Best Buy Company (BBY) Not A Good Buy, Say Analysts
Wednesday, December 16, 2009 - 1:13pm | 164Read More...Goldman Sachs & Co (NYSE: GS) assigned “Neutral” rating to Best Buy Company (NYSE: BBY) even though it raised its earning-estimates for 4Q09 to $1.81 from $1.73 with higher sales, offsetting the lower gross margin and the higher SG&A dollars. Matthew J. Fassler, an analyst at the...
