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Baird Upgrades Target, Says Retailer Has Positive Catalysts In Shipt, Store Remodels
Wednesday, February 14, 2018 - 1:36pm | 388Read More...Target Corporation (NYSE: TGT) stands to benefit from both fundamental company-specific catalysts and macro consumer trends in 2018, according to Baird. The Analyst Peter S. Benedict of Baird upgraded Target shares from Neutral to Outperform and raised the stock’s price target from $75 to $...
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Home Depot Called 'The Best House' On The Retailer Block
Wednesday, August 16, 2017 - 3:57pm | 534Read More...Despite a solid earnings report this week from Home Depot Inc (NYSE: HD), shares have failed to deliver any meaningful gains as investor fears of the Amazon.com, Inc. (NASDAQ: AMZN) effect proliferates nearly every retailer. Despite these fears, it may be short sighted to place those trepidations...
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Costco's Colossal January Comps Keep It A Top Pick For 2017
Thursday, February 2, 2017 - 12:18pm | 320Read More...Continuing to list Costco Wholesale Corporation (NASDAQ: COST) as a Top Pick, Baird’s Peter S. Benedict said, “January sales reinforce our view that COST can deliver improved top-line trends in CY17 as compares ease, deflation moderates, and steep declines in tobacco are cycled....
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Wal-Mart's Soft Q4 Guidance Doesn't Rock Baird Analyst's Positive View
Friday, November 18, 2016 - 12:18pm | 246Read More...Wal-Mart Stores, Inc. (NYSE: WMT) reported Q3 results before market open on Thursday, and the shares ticked lower over the trading day. Rating And Price Target Looking past the retail giant’s mixed results and soft guidance, Baird Equity Research analyst Peter S. Benedict maintained both his...
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Baird Stays Neutral On Bed Bath & Beyond Ahead Of Earnings
Monday, September 19, 2016 - 10:13am | 313Read More...Bed Bath & Beyond Inc. (NASDAQ: BBBY) is scheduled to report its Q2 earnings on September 21, after market close. There is downward bias to the expectations for the quarter, given weaker trends at home furnishings and furniture peers, Baird’s Peter S. Benedict said in a report. He...
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Some Silver Linings For Williams-Sonoma Offered By Baird
Thursday, August 25, 2016 - 11:30am | 369Read More...Williams-Sonoma, Inc. (NYSE: WSM) reported in-line EPS for Q2, while lowering its FY16 guidance by 3.5 percent at the midpoint, driven by a softer retail environment. Baird’s Peter S. Benedict maintained an Outperform rating on the company, while lowering the price target from $68 to $61...
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Baird Comments On Bed Bath & Beyond's First Quarter
Friday, June 24, 2016 - 11:28am | 327Read More...Bed Bath & Beyond Inc. (NASDAQ: BBBY) reported its 1Q results, with the gross margin in line with expectations. Baird’s Peter S. Benedict maintains a Neutral rating on the company, while lowering the price target from $51 to $45. What The Results Imply Benedict mentioned that softer comps...
