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Piper Jaffray: Wayfair's 'Way Day' Could Land Retailer New Customers
Wednesday, April 18, 2018 - 2:13pm | 355With Wayfair Inc. (NYSE: W)’s new retail holiday Way Day set for April 25, Piper Jaffray analysts see an opportunity for the online retailer to lift revenue and draw new customers. The Analyst Peter Keith of Piper Jaffray reiterated an Overweight rating on Wayfair with a $92 price target...
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Piper Jaffray Offers Investors 'Clarity' On Wayfair
Tuesday, April 3, 2018 - 3:51pm | 366While investor concerns have pushed Wayfair Inc (NYSE: W)'s lower, the bullish case for the equity remains unchanged, and investors need some "clarity," according to PiperJaffray. The Analyst PiperJaffray's Peter Keith maintains an Overweight rating on Wayfair's...
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3 Reasons To Like Dollar Tree Stores, According To Piper Jaffray
Monday, March 26, 2018 - 12:11pm | 346After holding a neutral stance on Dollar Tree, Inc. (NASDAQ: DLTR) dating back to at least 2015, there are now three reasons Piper Jaffray is willing to turn bullish on the stock. The Analyst Piper Jaffray's Peter Keith upgraded Dollar Tree's stock from Neutral to Overweight with a...
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Piper Jaffray Lowers Tempur Sealy Price Target, Says Mattress Firm Gained Market Share With 'Aggressive' Promotions
Monday, March 12, 2018 - 2:25pm | 390Increased competition from Mattress Firm could be weighing on Tempur Sealy International Inc (NYSE: TPX), according to Piper Jaffray. The Analyst Piper Jaffray analyst Peter Keith maintains an Overweight rating on Tempur Sealy but lowered the price target from $75 to $66. The Thesis...
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Analyst Sees Tile Shop Missing Estimates Again
Wednesday, September 27, 2017 - 2:06pm | 456Piper Jaffray said in a note that Tile Shop Hldgs, Inc. (NASDAQ: TTS) could report below-consensus comps and earnings per share for the third quarter and also guide the full year down. The firm said a potential third-quarter miss would represent the third miss in four quarters, and therefore,...
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Cuddle Up To A Position In Tempur Sealy Shares, Says Piper Jaffray
Monday, August 14, 2017 - 11:01am | 317Analysts at Piper Jaffray turned bullish on Tempur Sealy International Inc (NYSE: TPX) given expectations for a sizable earnings per share and EBITDA growth through 2020. The firm's Peter Keith upgraded Tempur Sealy's stock from Neutral to Overweight with a price target boosted from $61 to...
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Piper Jaffray Previews Mattress Firm's Q1 Results: Waiting On The Sidelines
Wednesday, June 8, 2016 - 1:12pm | 178Piper Jaffray's Peter Keith maintains Mattress Firm Holding Corp (NASDAQ: MFRM)'s Neutral rating with a $35.00 price target. The reiteration came a day before Mattress Firm was scheduled to report earnings. "While MFRM has done an excellent job creating the first coast-to-coat retailer, sluggish...
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Lumber Liquidators Still In 'State Of Flux,' Piper Jaffray Warns
Monday, September 21, 2015 - 2:59pm | 470Shares of Lumber Liquidators Holdings Inc (NYSE: LL) have plunged nearly 75 percent from a year ago. Peter Keith of Piper Jaffray maintained a Neutral rating on the stock with an unchanged $13 price target. Keith noted that the company remains in a "transitional state" that will likely cause near-...
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Expecting Negative Earnings For Lumber Liquidators This Week? These Analysts Are
Monday, August 3, 2015 - 10:10am | 522Lumber Liquidators Holdings Inc (NYSE: LL) is scheduled to report its second-quarter results on Wednesday before market open. The Estimize community is expecting the company to earn $0.05 per share on revenue of $257.24 million (based on six estimates) while the Wall Street consensus estimate is...
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Piper Jaffray: Best Buy's Results Shows It's Taking Market Share Across A Broad Range Of Categories
Friday, May 22, 2015 - 11:17am | 376Best Buy Co Inc (NYSE: BBY) reported better-than-expected first quarter earnings on Thursday. Shares opened strong and ended the day with gains of almost 4 percent. Peter Keith, Piper Jaffray, was on CNBC post-results to weigh in on the earnings. Market Share Gainers “We are very...
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Piper Jaffray Is Upgrading Lowe's, Says Too Many Tailwinds To Ignore
Thursday, April 16, 2015 - 10:21am | 281In a report published Thursday, Piper Jaffray analyst Peter Keith upgraded shares of Lowe's Companies, Inc. (NYSE: LOW) to Overweight from Neutral with a price target raised to $88 from a previous $79 based on a "confluence" of favorable sales tailwinds. Keith conducted a home improvement survey...
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Piper Jaffray Says Lumber Liquidators Has Calmed Investors' Fears
Friday, March 13, 2015 - 8:56am | 293In a report published Thursday evening, Piper Jaffray analyst Peter Keith commented that Lumber Liquidators Holdings Inc (NYSE: LL) business update "went well" and calmed fears on the sourcing and safety of its products. "There was a helpful focus on deconstructive testing and...
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Best Buy Shares Plunge On Disappointing Holiday Sales Data
Thursday, January 16, 2014 - 12:01pm | 792On 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: Piper Jaffray Reiterates On Best Buy On Upcoming Black Friday
Wednesday, November 27, 2013 - 10:00am | 190In a report published Wednesday, Piper Jaffray analyst Peter Keith reiterated an Overweight rating on Best Buy (NYSE: BBY) and reiterated a price target of $53.00. In the report, Piper Jaffray says "While concerns of an increased promotional environment in consumer electronics (CE) over the Black...
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Analysts Respond to Tile Shop Holding Fraud Allegations
Friday, November 15, 2013 - 1:08pm | 286The Rosen Law Firm announced on Thursday that they will investigate potential securities claims against Tile Shop Holdings (NASDAQ: TTS) following allegations that the company uses an undisclosed related party to overstate earnings and has issued misleading business information. In a press release...