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Sprouts Farmers Market Is 'On-Trend' In Goldman's View
Tuesday, July 26, 2016 - 10:16am | 338Read More...Goldman Sachs’ Stephen Tanal expects robust quarterly results to drive Sprouts Farmers Market Inc (NASDAQ: SFM) shares to outperform. Tanal upgraded the rating on the company from Sell to Buy, with a price target of $29. Disruptive Player “SFM is a disruptive player in grocery, making...
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Is Whole Foods Unable To Compete In The Organic Grocery Space?
Tuesday, July 26, 2016 - 10:11am | 402Read More...Goldman Sachs’ Stephen Tanal believes Whole Foods Market, Inc. (NASDAQ: WFM) is experiencing a “competitive barrage,” losing market share in its core organic and natural business. Tanal downgraded the rating on the company from Neutral to Sell, with a price target of $31....
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Goldman Upgrades Kroger To Buy, Unconcerned About Competition From Wal-Mart
Tuesday, July 26, 2016 - 9:21am | 312Read More...The grocery business represents a mature and low-growth segment that faces relentless competition, Goldman Sachs’ Stephen Tanal said in a report. He assumed coverage of the food retailers with a Neutral view, while recommending companies like The Kroger Co (NYSE: KR) which operated in...
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Why Goldman Thinks Sports Authority IP Auction Is 'Best-Case Outcome' For Dick's Sporting Goods
Thursday, July 21, 2016 - 10:45am | 360Read More...Dicks Sporting Goods Inc (NYSE: DKS) announced after market close on July 20 that it had completed the purchase of The Sports Authority (TSA)'s intellectual property, among other things. Goldman Sachs’ Stephen Tanal maintains a Buy rating on Dick's, with a price target of $53. TSA Purchases...
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The Sports Authority Sale Hearing A 'Best-Case Outcome' For Dick's Sporting Goods
Monday, July 18, 2016 - 9:10am | 339Read More...“The Sale Hearing associated with The Sports Authority’s (TSA) bankruptcy process was held on Friday, July 15, 2016,” according to the Goldman Sachs report. Goldman Sachs’ Stephen Tanal maintains a Buy rating on Dicks Sporting Goods Inc (NYSE: DKS), with a price target of $...
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Here's Why Dick's Sporting Goods Has 32% Upside
Tuesday, June 28, 2016 - 8:43am | 271Read More...Goldman Sachs’ Stephen Tanal believes the closure on the outcome of The Sports Authority’s (TSA) bankruptcy process, expected on or soon after July 15, will boost investor confidence in market share gains for Dicks Sporting Goods Inc (NYSE: DKS). Tanal reiterated a Buy rating on Dick's...
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Goldman Upgrades Dick's To Buy; 'A Competitor's Pain Is Its Rival's Gain'
Friday, May 20, 2016 - 9:10am | 297Read More...Goldman Sachs’ Stephen Tanal believes Dicks Sporting Goods Inc (NYSE: DKS) is well positioned to benefit from the bankruptcy and subsequent closure of its largest competitor, The Sports Authority (TSA). Tanal upgraded the rating on the company from Neutral to Buy, while raising the price...
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Goldman Sachs Downgrades GNC, Warns 'Pressure To Persist In Specialty Vitamin Retail'
Friday, April 29, 2016 - 11:24am | 288Read More...The promotion-driven positive same-store sales seen in Q4 reversed for GNC Holdings Inc (NYSE: GNC) in 1Q16, with the company reporting a higher-than-expected decline in same-store sales. Goldman Sachs’ Stephen Tanal downgraded the rating on the company from Buy to Neutral, while lowering...
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Hibbett Sports Cut At Goldman, Analysts See Little Potential From Here
Tuesday, March 15, 2016 - 10:21am | 229Read More...Goldman Sachs’ Stephen Tanal downgraded the rating for Hibbett Sports, Inc. (NASDAQ: HIBB) from Neutral to Sell, while raising the price target from $33 to $35. Reasons For The Downgrade Possible acceleration in the secular challenges of vendor disintermediation – This would...
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Goldman Sachs Downgrades Cabelas, Cites Poor Store Opening Strategies
Friday, April 10, 2015 - 11:36am | 233Read More...In a report published Friday, Goldman Sachs analyst Stephen Tanal downgraded shares of Cabelas Inc (NYSE: CAB) to Sell from Neutral with a price target lowered to $49 from a previous $50 as the company's store opening plans are increasingly cannibalizing existing stores that are driving headwinds...
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Lumber Liquidators Still Reeling From '60 Minutes' Report? Goldman Sachs Downgrades
Friday, March 13, 2015 - 9:37am | 185Read More...Goldman Sachs on Friday issued a report on Lumber Liquidators Holdings Inc (NYSE: LL), downgrading the retailer from Buy to Neutral due to a lower forecasted operating margin. Goldman Sachs also lowered its price target from $40 to $35. Analysts Matthew Fassler, Katie Price, Stephen Tanal and...
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Goldman Sachs Upgrades GNC, Cuts Vitamin Shoppe
Friday, November 7, 2014 - 12:05pm | 294Read More...GNC Holdings Inc (NYSE: GNC) is nixing discounts in favor of profits while a margin recovery for smaller rival Vitamin Shoppe Inc (NYSE: VSI) flounders with repeated delay, an analyst said Friday. Goldman Sachs' Stephen Tanal swapped his affections in the heath-powders and potions...
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UPDATE: Goldman Sachs Downgrades GNC, Removes from Americas Buy List
Friday, February 14, 2014 - 10:42am | 198Read More...In a report published Friday, Goldman Sachs analyst Stephen Tanal downgraded GNC (NYSE: GNC) from Buy to Neutral and lowered the price target from $72.00 to $54.00. Goldman Sachs also removed GNC Holdings from Americas Buy List. Tanal noted that his Buy rating was based on the acceleration of SSS...
