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The Battle Plan For Dollar General Ahead Of Q4 Earnings And Beyond
Monday, March 13, 2017 - 3:01pm | 540Read More...Dollar General Corp. (NYSE: DG) will report its fourth quarter earnings on Thursday. Investors will focus on comps, commentary about initiatives in pricing, investments and 2017 store opening plans. Q4 Expectations Michael Lasser of UBS believes Dollar General’s top-line remained stable,...
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Sell-Side Sour On Williams-Sonoma Leading Into Q4 Print
Monday, March 13, 2017 - 2:37pm | 485Read More...Wall Street is expecting a soft quarter from Williams-Sonoma, Inc. (NYSE: WSM), which is reporting its fourth quarter numbers Wednesday. Michael Lasser of UBS said Williams-Sonoma’s top-line and margins remained under pressure during the fourth quarter, as supply chain improvements were...
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Target's Conservative Near-Term Guidance Is Necessary For Long-Term Sustainability
Tuesday, February 28, 2017 - 11:33am | 472Read More...Target Corporation (NYSE: TGT) reported its EPS for fourth-quarter 2016 below the estimate and the consensus, with the comp also missing expectations. UBS’ Michael Lasser maintains a Neutral rating on the company, with a price target of $72. Q4 Results Target’s EPS for Q4 came in at $1....
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Best Buy's Target Boosted To $47 Following Q3 Results
Friday, November 18, 2016 - 10:48am | 289Read More...Best Buy Co Inc (NYSE: BBY) reported robust Q3 results, with further market share gains driving meaningful comp growth. UBS analyst Michael Lasser maintained a Neutral rating on the company, while raising the price target from $38 to $47. “In the face of a declining category, BBY...
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Sustaining Top-Line Momentum Is Key For Wal-Mart
Friday, September 30, 2016 - 11:02am | 301Read More...UBS’ Michael Lasser believes the key for Wal-Mart Stores, Inc. (NYSE: WMT) is whether the company is able to sustain its top-line momentum as it further invests in prices and reaps the return on its labor investments. Lasser maintained a Neutral rating on the company, with a price target...
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For Costco, Patience Brings Rewards
Friday, September 30, 2016 - 9:19am | 322Read More...Costco Wholesale Corporation (NASDAQ: COST) reported better than feared Q4 results, with the metric mostly in line with expectations. UBS’ Michael Lasser maintained a Buy rating on the company, with a price target of $180. Costco reported its EPS for Q4 at $1.77, marginally ahead of the...
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UBS Initiates Tempur Sealy At Neutral, Select Comfort At Sell
Thursday, September 29, 2016 - 11:23am | 424Read More...UBS believes the mattress sector is heading for ambiguity, with online players expected to gain share in the immediate term from the current 2–3 percent. Therefore, the firm prefers to initiate two companies from the same sector with different rating. While commencing a Neutral rating for...
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Bed Bath & Beyond Testing New Membership Program
Tuesday, September 27, 2016 - 2:30pm | 483Read More...While delving on a new membership program Bed Bath & Beyond Inc. (NASDAQ: BBBY) is testing, UBS said risk-reward appears balanced for the company in the near term. The firm has a Neutral rating and a $45 price target on the shares of the company. Member(Free)ship Analyst Michael Lasser noted...
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UBS On Bed Bath & Beyond's Q2: 'We Don't Think Core Trends Improved Much'
Friday, September 16, 2016 - 11:32am | 405Read More...UBS’ Michael Lasser believes there will not be much improvement in core trends for Bed Bath & Beyond Inc. (NASDAQ: BBBY) during the quarter, given that reads from peers highlight Q2 as a difficult quarter for the sector, while competitive intensity increased significantly. Lasser...
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A Compelling Entry Point Drives UBS To Upgrade AutoZone
Monday, September 12, 2016 - 9:48am | 354Read More...UBS’ Michael Lasser believes that the 9.5 percent decline in AutoZone, Inc. (NYSE: AZO) shares had created a compelling buying opportunity. Lasser upgraded the rating on the company from Neutral to Buy, with a price target of $825. Selloff Overdone The analyst believes the recent selloff was...
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UBS Raises Dicks Sporting Goods Price Target, Could See String Of Accelerating Gains
Friday, August 12, 2016 - 12:48pm | 325Read More...Dicks Sporting Goods Inc (NYSE: DKS) has a favorable risk to reward profile, at least according to Michael Lasser of UBS. In a report published Friday, Lasser said Dicks' upcoming second quarter earnings print (August 16) could "set the stage for a string of accelerating gains."...
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UBS Takes A Look At Costco's July Sales
Thursday, August 4, 2016 - 3:03pm | 393Read More...Costco Wholesale Corporation (NASDAQ: COST) reported on Thursday a 2 percent decline in its July comps, while total revenue for the month slightly rose to $8.65 billion from $8.64 billion in the same period a year ago. Excluding the impact of gasoline price deflation and foreign exchange, total...
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End Of Q2 Trends Could Set O'Reilly Up Nicely For The Rest Of The Year
Friday, July 29, 2016 - 1:15pm | 408Read More...UBS maintains its Buy rating and $315 target price on O'Reilly Automotive Inc (NASDAQ: ORLY), saying that the improving trends at the end of the second quarter should set up accelerating results in the second half. Q2 Results The Springfield, Missouri-based company reported second-quarter EPS $2.65...
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Michael Lasser Impressed By Wal-Mart's Q1 Beat, But Isn't Ready To Buy The Stock
Thursday, May 19, 2016 - 12:13pm | 292Read More...Wal-Mart Stores, Inc. (NYSE: WMT) impressed investors and traders with its better-than-expected first quarter results. But did the company also impress some of Wall Street's top retailing analysts? Speaking as a guest on CNBC, UBS' Michael Lasser said he was looking for Wal-Mart to...
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UBS Downgrades Office Depot: 'The Train Has Left The Station'
Wednesday, May 11, 2016 - 9:22am | 319Read More...UBS’ Michael Lasser expects Office Depot Inc (NASDAQ: ODP) shares to be under pressure going forward, due to the termination of the merger agreement with Staples, Inc. (NASDAQ: SPLS). Lasser downgraded the rating on the company from Neutral to Sell, while lowering the price target from $5.50...
