Simeon Gutman

Retailer Bed Bath & Beyond Inc. (NASDAQ: BBBY) reported first-quarter earnings and the departure of its CEO Mark Tritton on Wednesday. The departure prompted a snarky response from Ryan Cohen, who is a large shareholder in the company. Here’s what analysts had to say about the...

Although Dollar General Corp’s (NYSE: DG) stock has outperformed the market year-to-date, it has performed in-line with other defensive stocks, according to Morgan Stanley. The Dollar General Analyst: Simeon Gutman upgraded Dollar General from Equal-Weight to Overweight while raising the...

Target Corporation (NYSE: TGT) announced several initiatives on Tuesday to right-size its inventory, including order cancellations and slashing prices. Management also lowered their guidance for the second-quarter operating margin rate to around 2%, from their earlier expectation of meeting the...

Walmart Inc (NYSE: WMT) shares tanked on Tuesday after the company’s quarterly earnings missed Street expectations by a wide margin, mainly due to rising fuel costs and higher inventory levels. Raymond James On Walmart: Analyst Olivia Tong reiterated an Outperform rating on Walmart....

Lowe's Companies Inc (NYSE: LOW) missed Street expectations for quarterly sales but still managed to convincingly beat earnings estimates. KeyBanc Capital Markets On Lowe's Companies: Analyst Bradley Thomas maintained a Sector Weight rating on Lowe's.  The company reported upbeat...

Costco Wholesale Corporation (NASDAQ: COST) shares have gotten a nice bump since the company reported fiscal first-quarter earnings late last week, but several Wall Street analysts say there may be more upside ahead for the warehouse retailer. On Thursday, Costco reported a first-quarter adjusted...

Hardline retailers are likely to face tougher comparisons following the COVID-19 spending spree, positioning them for a hard landing, according to an analyst at Morgan Stanley. The Retail Analyst: Simeon Gutman downgraded shares of Bed Bath & Beyond Inc. (NASDAQ: BBBY) from Equal-weight to...

Five Below Inc’s (NASDAQ: FIVE) stock is currently trading at a discount on freight and inventory fears, which appear overblown, according to Morgan Stanley. The Five Below Analyst: Simeon Gutman upgraded the rating for Five Below from Equal-Weight to Overweight, while leaving the price...

Costco Wholesale Corporation (NYSE: COST) shares traded higher by 2.2% on Friday after the company reported a fiscal fourth-quarter earnings beat. On Thursday, Costco reported fiscal fourth-quarter adjusted EPS of $3.76 on revenue of $62.7 billion. Both numbers exceeded consensus analyst estimates...

Home improvement retailer Home Depot Inc (NYSE: HD) reported first-quarter earnings that showed strength in many areas. Analysts sized up the earnings in recent updates and included several price target increases.  The Home Depot Analysts: Raymond James analyst Bobby Griffin...

Walmart Inc (NYSE: WMT) reported a big first-quarter earnings beat driven by online and grocery sales growth. On Tuesday morning, Walmart reported a first-quarter EPS of $1.69 on revenue of $138.3 billion. Both numbers exceeded consensus analyst estimates of $1.21 and $131.9 billion, respectively....

Costco Wholesale Corporation (NASDAQ: COST) could face tough comparable sales over the next few quarters from the COVID-19 pandemic peak of grocery and retail sales in 2020. An analyst remains bullish on Costco despite the potential risk.  The Costco Analyst: Morgan Stanley analyst...

Retail giant Walmart Inc (NYSE: WMT) reported Thursday with fourth-quarter results that sent the stock down 6% on the day amid minimal EPS growth and elevated near-term investments. Multiple Walmart analysts continue to see a bullish picture and are recommending investors buy the dip.  The...

Morgan Stanley analysts revisited the entire Hardline, Broadline, and Food retail category with two upgrades and four downgrades. The Retail Analyst: Simeon Gutman upgraded: Sally Beauty Holdings, Inc. (NYSE: SBH) from Underweight to Equal-Weight, price target lifted from $9 to $13. Williams-Sonoma...

Bed Bath & Beyond Inc. (NASDAQ: BBBY) has strengthened its balance sheet and its near-term prospects have improved, according to Morgan Stanley. The Bed Bath & Beyond Analyst: Simeon Gutman upgraded Bed Bath & Beyond from Underweight to Equal-Weight and raised the price target from $6...