Simeon Gutman

One Dick’s Sporting Goods (NYSE: DKS) analyst issued an upgrade and another a downgrade following the retailer's second-quarter earnings report. The Dick's Sporting Goods Analysts: Oppenheimer analyst Brian Nagel downgraded Dick's Sporting Goods from Outperform to Perform and...

Home Depot Inc (NYSE: HD) was one of several major retailers to report blowout second-quarter earnings this week, sending the home improvement stock soaring. Home Depot posted second-quarter EPS of $4.02 on $38.05 billion in revenue Tuesday. Both numbers topped consensus analyst estimates of $...

With Walmart+ on the horizon, Walmart Inc (NYSE: WMT) stock faces a shifting narrative as the retailer becomes a potential Amazon Prime competitor. Morgan Stanley's Simeon Gutman named 10 reasons why Walmart+ could shift the stock’s narrative: After continued speculation about a...

Electronics retailer Best Buy Co., Inc. (NYSE: BBY) reported Thursday first quarter results, highlighted by a 5.7% year-over-year drop in comps which was still better than expected. EPS also came in better than expected but the stock traded lower as investors debated its outlook in an uncertain...

Even as investors are skittish about Amazon.com, Inc. (NASDAQ: AMZN) among broader market coronavirus fears, Morgan Stanley says the company's overnight delivery is changing customer tendencies and increasing expectations across the industry for how quickly stuff should get to your door. The...

Morgan Stanley turned bearish on online furniture retailer Wayfair Inc (NYSE: W) as any signs of a turnaround are "not in sight." The Wayfair Analyst Simeon Gutman downgraded Wayfair from Equal-Weight to Underweight with a price target lowered from $75 to $65. The Wayfair Thesis Investor...

Bed Bath & Beyond Inc. (NASDAQ: BBBY) shares continued to free fall on Thursday after a dismal third-quarter report. The results split sell-side analysts, with some convinced a new CEO will get the housewares chain turned around, but others warning they're still waiting for signs the...

On Dec. 27, Michaels Companies Inc (NASDAQ: MIK) named Walmart Inc (NYSE: WMT) executive Ashley Buchanan as its CEO. The announcement thrust Michaels’ stock price up 45%, but not everyone on the Street acknowledged an immediate or automatic value-add. The Ratings Morgan Stanley analyst Simeon...

Extreme value retailer of brand name goods company Ollie's Bargain Outlet Holdings Inc (NASDAQ: OLLI) reported third-quarter results that came in better than expected. Ollie's reported quarterly earnings of 41 cents per share, which beat the analyst consensus estimate of 38 cents. This is a...

The extreme value grocery chain Grocery Outlet Holding Corp (NASDAQ: GO) has no plans to make a major push into e-commerce — a decision Morgan Stanley analysts agree with. Grocery Outlet CEO: 'TJ Maxx Of Grocery' Grocery Outlet is best described as the "TJ Maxx of grocery,"...

Chewy Inc (NYSE: CHWY) trades down nearly 32% year to date and 24% from its second-quarter earnings report. One analyst team sees a buying opportunity. The Rating Morgan Stanley analysts Lauren Cassel, Brian Nowak and Simeon Gutman upgraded Chewy to Overweight but cut their price target from $34 to...

Target Corporation (NYSE: TGT) soared 14% after reporting third-quarter beats on Wednesday. Sales and margin upside drove bottom-line outperformance, and 4.5% comps confirmed traffic strength, apparel strength and market share gains in major categories. Inventories fell 8% year over year, and store...

O'Reilly Automotive Inc (NASDAQ: ORLY) reported a beat-and-raise third quarter, which marks a turnaround after a rare second-quarter earnings miss. Two Street analysts remain unconvinced the stock should be bought by investors. The Analysts Morgan Stanley analyst Simeon Gutman maintains an...

Walmart Inc (NYSE: WMT) plans to spinoff PhonePe from Flipkart and make it a separate entity, independent of Indian ecommerce firm Flipkart While a spinoff would provide more direct ownership of PhonePe for Walmart’s shareholders, a potential capital raise could help the digital payments...

Bed Bath & Beyond Inc. (NASDAQ: BBBY) shares surged 25% Thursday after announcing it has hired Mark Tritton as its new CEO, stealing him from Target Corporation (NYSE: TGT). The move also drew praise from Wall Street analysts who said Tritton is a good fit for the housewares chain as it tries...