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Dollar General Set For Q1: Analyst Sees Trade-In Momentum, Margin Recovery, Strong Price Gaps Over Rivals
Friday, May 23, 2025 - 1:31pm | 426Read More...BofA Securities analyst Robert F. Ohmes reiterated the Buy rating on Dollar General Corp (NYSE:DG), raising the price forecast from $100 to $115. On June 3, the company plans to release its financial results for the fiscal 2025 first quarter, which ended May 2. Ohmes projects Dollar General will...
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BofA Downgrades Canada Goose On Projected Revenue Decline
Friday, May 15, 2020 - 10:16am | 379Read More...Canada Goose Holdings Inc. (NYSE: GOOS) is scheduled to report its fiscal fourth-quarter results on May 29. The company is likely to witness a significant decline in revenues from North America and Europe due to restrictions on international tourism, which may continue through at least the end of...
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Sell-Side Roundup: Yeti Exceeds Expectations In First Quarterly Print Since IPO
Friday, November 30, 2018 - 11:15am | 587Read More...In its first earnings report since its October initial public offering, outdoor lifestyle company Yeti Holdings Inc. (NYSE: YETI) exceeded profit expectations. The Analysts Raymond James analyst Dan Wewer maintained an Outperform rating on Yeti with a $19 price target. Bank of...
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Bank Of America Upgrades Ralph Lauren From Underperform To Neutral
Wednesday, June 8, 2016 - 11:15am | 284Read More...At its June 7 Analyst Day, Ralph Lauren Corp (NYSE: RL) announced a multi-year “Way Forward” plan, through which the company intends to refocus and evolve its operating model and core brands. Robert F. Ohmes of Bank of America Merrill Lynch upgraded the rating on the company from...
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Nike Is Losing U.S. Market Share, And Future Orders May Be Peaking: Bank Of America Downgrades Stock
Wednesday, June 1, 2016 - 8:18am | 298Read More...Robert F. Ohmes of Bank of America Merrill Lynch believes Nike Inc (NYSE: NKE) has been losing share of the footwear market in North America for the first time since 2010. Ohmes downgraded the rating on the company from Buy to Neutral, while lowering the price target from $72 to $60. Growth...
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BoA: Target On Cusp Of Major Same-Store Sales Growth Cycle
Friday, April 15, 2016 - 11:07am | 183Read More...Shares of Target Corporation (NYSE: TGT) are up 12.8 percent year-to-date. BofA Merrill Lynch’s Robert F. Ohmes maintained a Buy rating for the company, with a price objective of $95. Analyst Robert Ohmes believes that Target is poised for robust growth and is at the beginning of a...
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3 Reasons Wal-Mart Was Just Downgraded At Bank Of America
Thursday, October 15, 2015 - 10:01am | 341Read More...Wal-Mart Stores, Inc. (NYSE: WMT) shares have been declining steadily so far in 2015, and are down 31 percent year-to-date. BofA Merrill Lynch’s Robert F. Ohmes downgraded the rating on the company from Buy to Neutral, while reducing the price target from $85 to $65. Wal-Mart’...
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UPDATE: Bank Of America Downgrades The Fresh Market On Valuation And Uncertainty
Tuesday, March 10, 2015 - 10:22am | 157Read More...In a report published Tuesday, Bank of America analyst Robert F. Ohmes downgraded the rating on The Fresh Market Inc. (NASDAQ: TFM) from Buy to Neutral, but reiterated the $45.00 price target. In the report, Bank of America noted, "TFM's reported F4Q15 adj. EPS of $0.55 (excl. a loss per share of $...
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Bank Of America Sees Michael Kors As Top Pick Post-Holiday
Monday, December 29, 2014 - 9:53am | 238Read More...In a report published Monday, Bank of America analyst Robert F. Ohmes reiterated a Buy rating and $120.00 price target on Michael Kors Holdings Ltd (NYSE: KORS). In the report, Bank of America noted, “We believe KORS continued to take share pre and post-Holiday as traffic and sell-thrus appeared...
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Athletic Footwear Sells Off Amid Signs Of Weakening Fundamentals
Sunday, December 21, 2014 - 12:23pm | 320Read More...A slew of footwear retailers were falling Friday after an analyst said athletic shoe sales promotions are running riot in the nation's shopping malls. Following four years that were relatively free from sales promotions, athletic footwear has seen "rising discounts at retail"...
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Analysts: Nike Has Room For More Gains
Monday, December 15, 2014 - 12:24pm | 366Read More...Nike Inc (NYSE: NKE) shares are still in shape for further gains, despite a 22 percent run-up year-to-date, analysts said Monday. The athletic footwear maker is set to post fiscal second-quarter earnings Thursday that should reveal continued gains in U.S. and Western European market share...
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Nike, Dicks Sporting Goods Top Picks At Bank Of America
Wednesday, December 10, 2014 - 10:24am | 168Read More...In a note out Wednesday, Bank of America likes Dicks Sporting Goods Inc (NYSE: DKS) and Nike Inc (NYSE: NKE) as the top athletic picks. Analyst Robert F. Ohmes states: "We believe Dick's Sporting Goods remains an important tenant for key REITs (including Simon Properties), which...
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Michael Kors A Key 'Powerhouse' Brand, According To Bank Of America
Wednesday, December 10, 2014 - 10:12am | 209Read More...In a note out Wednesday, Bank of America analyst Robert F. Ohmes commented on Michael Kors Holdings Ltd (NASDAQ: KORS) following a recent mall tour. "KORS was highlighted as a “powerhouse” by Macy's during our Holiday Mall Tour. Traffic and sell-thrus appeared strong at...
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Bank Of America Likes Michael Kors & Dicks Sporting Goods For The Holiday Season
Monday, December 1, 2014 - 9:21am | 172Read More...In a note out Monday morning, Bank of America analyst Robert F. Ohmes likes Michael Kors Holdings Ltd (NYSE: KORS) and Dicks Sporting Goods Inc (NYSE: DKS) as his top picks for the holiday season. Ohmes said Michael Kors was a clear standout on Black Friday as traffic and sell-thrus appeared...
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Wal-Mart's Outperformance Helps S&P 500 Reach Record High
Thursday, November 13, 2014 - 3:53pm | 340Read More...Wal-Mart Stores, Inc.'s (NYSE: WMT) first same-store sales growth in nearly two years heldped lift the S&P's 500 stock index to an intraday record on Thursday. Wal-Mart gained 4.5 percent to $82.77; The S&P 500 hit an intraday high of 2,046.18, a new record, but traded down...
