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Deutsche Bank Provided Color on Family Dollar Stores, Buy
Wednesday, May 25, 2011 - 9:29am | 210Deutsche Bank provided color on Family Dollar Stores (NYSE: FDO) after a meeting with its management. In a research report published today, Deutsche Bank maintained its optimistic outlook on the company's future. Deutsche Bank has a Buy rating and a price target of $60 on Family Dollar's shares....
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Earnings Scheduled For May 25
Wednesday, May 25, 2011 - 12:29am | 424Polo Ralph Lauren Corp (NYSE: RL) is expected to post its Q4 earnings at $0.79 per share on revenue of $1.39 billion. Hormel Foods Corp (NYSE: HRL) is estimated to report its Q2 earnings at $0.40 per share on revenue of $1.82 billion. Netapp Inc (NASDAQ: NTAP) is estimated to post its Q4 EPS at...
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Some Long Trade Setups To Consider
Tuesday, May 24, 2011 - 2:13pm | 195The market today has done nothing more than languish around break-even. However, after monitoring the market internals, the more I believe this market is going to see another run - maybe it doesn't break that descending trend-line as previous discussed (see my article on the S&P 500) but I do...
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Previewing & Trading Costco's Earnings
Tuesday, May 24, 2011 - 8:17am | 374Costco Wholesale Corporation (NASDAQ: COST) is set to report earnings tomorrow morning before the bell, and all eyes will be on the warehouse company's ability to grow earnings in the face of rising inflation, commodity costs, and a slowing U.S. economy. Wall Street analysts are looking for 77...
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Fast Money Picks For May 24th (TUR, NS, MU, TGT, XLV)
Monday, May 23, 2011 - 6:43pm | 219CNBC Fast Money's Tim Seymour thinks that you should buy iShares MSCI Turkey Index Fund (NYSE: TUR) on Tuesday. Lower commodity prices are great for Turkey. iShares MSCI Turkey Index Fund (TUR) fell 1.14% today. Stephen Weiss is a buyer of NuStar Energy L.P. (NYSE: NS), because NuStar's (NS) CEO...
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UPDATE: FBR Fund Advisers On Behalf Of The FBR Focus Fund Sends Letter To Special Committee Of The Board Of Directors Of 99 Cents
Monday, May 23, 2011 - 11:46am | 100On May 23, 2011, the portfolio managers of the FBR Focus Fund, a mutual fund advised by FBR Fund Advisers, Inc., submitted a letter on behalf of the Fund to the Special Committee of the Board of Directors of 99 Cents Only Stores (NYSE: NDN), a City of Commerce-based extreme value retailer. The Fund...
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UPDATE: Jefferies Raises PT on Dollar Tree to $72
Monday, May 23, 2011 - 7:24am | 99Jefferies is out with its report today on Dollar Tree (NASDAQ: DLTR), raising its PT from $69 to $72. In a note to clients, Jefferies writes, "Our $72 price target (from $69) is based on the shares selling at 15.5-16x our FY13 EPS estimate. Shares are trading at a blended forward P/E of 15.2x,...
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Wedbush Maintains Rating, PT On FRED In Preview Of Q1
Monday, May 23, 2011 - 6:40am | 144Wedbush is maintaining its Neutral rating and its $14 price target on Fred's Inc. (NASDAQ: FRED) as the company prepares to report its Q1 earnings before market open this upcoming Thursday. In the report, Wedbush writes, “Fred's is executing a successful turnaround through implementing a number of...
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Jefferies Raises PT On Dollar Tree To $72
Monday, May 23, 2011 - 5:41am | 27Jefferies & Company has raised the price target on Dollar Tree (NASDAQ: DLTR) from $69 to $72 and maintains its Buy rating.
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Earnings Highlights for the Week Ahead
Sunday, May 22, 2011 - 10:19am | 793This week, quarterly results are due from Campbell Soup (NYSE: CPB) and Polo Ralph Lauren (NYSE: RL), which are expected to report that earnings are lower than they were a year ago. From AutoZone (NYSE: AZO), Big Lots (NYSE: BIG), DSW (NYSE: DSW), H.J. Heinz (NYSE: HNZ), Hormel Foods (NYSE: HRL),...
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Benchmark Maintains $50 Price Target On Big Lots
Friday, May 20, 2011 - 8:26am | 81According to Benchmark, Big Lots (NYSE: BIG) $50 price target is maintained. Benchmark said that it maintains its $50 price target based on 16x its 2011 EPS estimate of $3.13 and 7.5x its 2011 EBITDA estimate, as its price target did not contain a take out premium. “We believe management was...
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Feltl and Company Raises PT on Dollar Tree to $83
Friday, May 20, 2011 - 8:15am | 77Feltl and Company is out with its report today on Dollar Tree (NASDAQ: DLTR), raising its PT from $69 to $83. In a note to clients, Feltl and company writes, "DLTR's 1Q:11 results were generally strong; we are raising our 2011 EPS estimate and introducing a 2012 EPS estimate; raising PT to $83...
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Piper Jaffray Maintains Neutral Rating On Dollar Tree Stores
Friday, May 20, 2011 - 6:46am | 93According to Piper Jaffray, Dollar Tree Stores (NASDAQ: DLTR) price targets are raised. Piper Jaffray said that it is maintaining its Neutral rating but raising its price target from $51 to $65 following DLTR's Q1 earnings call. “In addition to reporting EPS of $0.82, which was above consensus of...
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Benchmark Reiterates Buy and PT of $50 on Big Lots
Friday, May 20, 2011 - 5:24am | 131Benchmark reiterated its Buy rating and PT of $50 on Big Lots (NYSE: BIG) ahead of the company's Q1 earnings report, which is due on Thursday, May 26, before the markets open. In a research report published today, Banchmark states, "We maintain our $50 price target based on 16x our 2011 EPS...
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Piper Jaffray Raises PT On Dollar Tree Stores To $65
Friday, May 20, 2011 - 5:09am | 28Piper Jaffray has raised the price target on Dollar Tree Stores (NASDAQ: DLTR) from $51 to $65 and maintains its Neutral rating.