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Sterne Agee Reiterates Neutral on Bed Bath and Beyond
Tuesday, June 21, 2011 - 8:07am | 131Sterne Agee reiterated its Neutral rating on Bed Bath and Beyond (NASDAQ: BBBY). In a research report published today, Sterne Agee stressed its optimism about the company's long-term performance, but also some obstacles the company needs to overcome in the short-term. In the report, Sterne Agee...
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Goldman Sachs Previews Bed, Bath & Beyond's Earnings
Tuesday, June 21, 2011 - 7:17am | 184Goldman Sachs is out with a note previewing earnings from Bed Bath & Beyond, Inc. (NASDAQ: BBBY). It has a Neutral rating and a $60 price target on shares. In a note clients, Goldman writes, "We expect another earnings beat for BBBY when the firm reports May quarter results on June 22. We are...
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Deutsche Bank Updates 6/21
Tuesday, June 21, 2011 - 6:03am | 455Deutsche Bank made a number of updates in a research report published today. Biogen Idec (NASDAQ: BIIB) had its rating upgraded from Hold to Buy. At the same time, Deutsche Bank raised its price target on the company's stock from $106 to $129. In the report, Deutsche Bank states, "Upgrading to...
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Jefferies Has Buy Rating On Bed Bath & Beyond
Monday, June 20, 2011 - 6:31am | 89Jefferies & Co. has a Buy rating and a $62 price target on shares of Bed Bath & Beyond (NASDAQ: BBBY). In a note to clients, Jefferies writes, "We reiterate our Buy rating and recommend building positions ahead of the 1Q release on Wednesday evening. There is some concern about the company...
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Wedbush Reiterates Outperform Rating On Pier 1
Friday, June 17, 2011 - 7:06am | 95According to Wedbush, Pier 1 Imports (NYSE: PIR) Outperform rating is reiterated. Wedbush said that Q1 EPS of $0.12 vs. $0.06 was at the high end of recently introduced guidance for $0.11-$0.12, which was above its/consensus prior estimates of $0.07/$0.09. “Our $15 price target assumes that PIR...
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News Summary
Thursday, June 16, 2011 - 8:34am | 234Shares of Pier 1 Imports Ltd (NYSE: PIR) gained about 1.1% after the company reported an 84% surge in its fiscal first-quarter net income on Thursday. Pier 1 reported a 10.2% rise in its comparable-store sales. Pier 1's quarterly earnings came in at $14.1 million, or $0.12 per share, up from $7.7...
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A Peek Into The Market Before The Trading Starts
Thursday, June 16, 2011 - 6:25am | 410Pre-open movers US stock futures are mixed this morning, as investors are awaiting several economic reports. Futures on the Dow Jones Industrial Average dipped 6 points to 11,825.00 and futures on the S&P 500 stock index rose 0.40 point to 1,260.30. Nasdaq 100 futures dropped 0.75 point to 2,...
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UPDATE: Pier 1 Reports 84% Jump In Q1 Net Income
Thursday, June 16, 2011 - 5:53am | 101Pier 1 Imports Ltd (NYSE: PIR) reported an 84% surge in its fiscal first-quarter net income on Thursday. Pier 1 reported a 10.2% rise in its comparable-store sales. Pier 1's quarterly earnings came in at $14.1 million, or $0.12 per share, up from $7.7 million, or $0.07 per share, in the year-ago...
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Goldman Sachs Price Target Changes For 6/16
Thursday, June 16, 2011 - 5:17am | 167Goldman Sachs has changed price targets on the following companies: Advance Auto Parts (NYSE: AAP) From $70.00 to $67.00 Bed, Bath & Beyond (NASDAQ: BBBY) From $62.00 to $60.00 Dick's Sporting Goods (NYSE: DKS) From $46.00 to $45.00 Genuine Parts Company (NYSE: GPC) From $52.00 to $51.00...
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Earnings Scheduled For June 16
Thursday, June 16, 2011 - 12:03am | 261Research In Motion Limited (NASDAQ: RIMM) is expected to post its Q1 EPS at $1.32 on revenue of $5.15 billion. Winnebago Industries Inc (NYSE: WGO) is projected to report its Q3 EPS at $0.13 on revenue of $151.43 million. Smithfield Foods Inc (NYSE: SFD) is expected to report its Q4 earnings at $...
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Stocks To Watch For June 16
Wednesday, June 15, 2011 - 11:55pm | 278Some of the stocks that may grab investor focus today are: Wall Street expects Kroger Company (The) (NYSE: KR) to report its Q1 EPS at $0.64 on revenue of $26.48 billion. KR shares surged 2.75% to $23.58 in after-hours trading. Finisar Corp (NASDAQ: FNSR) issued downbeat projections for the first...
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Wedbush Comments On Pier 1 Q1 Results
Tuesday, June 14, 2011 - 8:08am | 85According to Wedbush, Pier 1 Imports (NYSE: PIR) will report Q1 results before market open on Thursday, June 16. Wedbush said that On June 2, the company introduced guidance for Q1 EPS of $0.11- $0.12, which was above the estimate of $0.07 and consensus of $0.09. “Raising our price target to $15 (...
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Wedbush Raises PT On Pier 1 Imports To $15
Tuesday, June 14, 2011 - 5:22am | 27Wedbush Securities has raised the price target on Pier 1 Imports (NYSE: PIR) from $14.50 to $15 and maintains its Outperform rating.
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Brian Sozzi Says Target & Shareholders Off The Mark At Shareholder Meeting
Wednesday, June 8, 2011 - 2:20pm | 265In a research note, Brian Sozzi of Wall Street Strategies has a note on Target (NYSE: TGT), as the company held its annual shareholder meeting today. In the note, Sozzi talks about the many different initiatives Target is undertaking, such as pushing into Canada, remodeling U.S. stores, and...
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Top 4 Small-Cap Stocks In The Home Furnishings & Fixtures Industry With The Lowest PEG Ratio
Tuesday, June 7, 2011 - 12:40am | 121Below are the top small-cap home furnishings & fixtures stocks on the NYSE and the NASDAQ in terms of PEG ratio Natuzzi SpA (NYSE: NTZ) has a PEG ratio of 0.30. NTZ's trailing-twelve-month revenue is $751.00 million. Deer Consumer Products Inc (NASDAQ: DEER) has a PEG ratio of 0.32. DEER's...