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UPDATE: Piper Jaffray Raising Price Target On Hibbett Sports
Monday, August 22, 2011 - 6:49am | 146Piper Jaffray is out with a research report on Hibbett Sports, Inc. (NASDAQ: HIBB) and is raising its price target to $36 from $35, but is keeping its Neutral rating on shares. In a note to clients, Piper Jaffray writes, "HIBB reported 2Q EPS of $0.21/share, $0.02 ahead of our estimates and...
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Piper Jaffray Raises PT On Hibbett Sports To $36
Monday, August 22, 2011 - 5:26am | 27Piper Jaffray has raised the price target on Hibbett Sports (NASDAQ: HIBB) from $35 to $36 and maintains its Neutral rating.
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Afternoon Movers; LDK Solar Down on Lower Guidance
Friday, August 19, 2011 - 2:43pm | 89Silicon Graphics International (NASDAQ: SGI) +26.32% on upbeat earnings reported yesterday. LDK Solar Co (NYSE: LDK) -21.61% on lower revenue guidance that was announced yesterday. Barnes & Noble, Inc. (NYSE: BKS) -17.37% after Liberty Media decides to invest in the company instead of...
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comScore Media Metrix Ranks Top 50 U.S. Web Properties for July
Friday, August 19, 2011 - 11:20am | 470comScore, Inc. (Nasdaq: SCOR) today released its monthly analysis of U.S. web activity at the top online properties for July 2011 based on data from the comScore Media Metrix service. Ticket sites were popular in July as Americans looked for summer entertainment at concerts and sporting events,...
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Goldman Sachs Lowers PT On Barnes and Noble To $16
Friday, August 19, 2011 - 8:06am | 28Goldman Sachs has lowered the price target on Barnes and Noble (NYSE: BKS) from $19 to $16 and maintains its Neutral rating.
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Earnings Scheduled For August 19
Friday, August 19, 2011 - 2:50am | 157Hibbett Sports Inc (NASDAQ: HIBB) is projected to report its Q2 EPS at $0.19 on revenue of $151.61 million. Ann Inc (NYSE: ANN) is expected to report its Q2 EPS at $0.45 on revenue of $550.22 million. New York & Company Inc (NYSE: NWY) is estimated to post a Q2 loss at $0.15 per share on...
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Barnes & Noble Announces Strategic Investment Made by Liberty Media
Thursday, August 18, 2011 - 3:30pm | 119Barnes & Noble, Inc. (NYSE: BKS) today announced that Liberty Media has invested an aggregate of $204 million in the Company through the purchase of newly issued convertible preferred stock. Under the terms of the strategic investment, Liberty purchased preferred stock, convertible into...
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Wedbush Reiterates Outperform on PetSmart
Thursday, August 18, 2011 - 8:50am | 70Wedbush is out with its report today on PetSmart (NASDAQ: PETM), reiterating Outperform. In its report, Wedbush writes, "Reiterate OUTPERFORM as we believe PetSmart is the best-positioned specialty pet retailer with a strong management team and track record of strong execution." Wedbush maintains...
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Wedbush Reiterates Outperform on PetSmart
Thursday, August 18, 2011 - 8:49am | 70Wedbush is out with its report today on PetSmart (NASDAQ: PETM), reiterating Outperform. In its report, Wedbush writes, "Reiterate OUTPERFORM as we believe PetSmart is the best-positioned specialty pet retailer with a strong management team and track record of strong execution." Wedbush maintains...
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Oppenheimer Maintains Outperform on PetSmart
Thursday, August 18, 2011 - 8:46am | 144Oppenheimer is out with its report today on Petsmart (NASDAQ: PETM), maintaining Outperform. In its report, Oppenheimer writes, "We look very favorably upon the above-plan Q2 (Jul.) results and higher FY11 (Jan. 2012) guidance that PetSmart reported last night. The power of the PETM model remains...
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UPDATE: International Strategy & Investment Comments on Staples
Thursday, August 18, 2011 - 8:11am | 90International Strategy & Investment has published a research report on Staples Inc (NASDAQ: SPLS). In the report, International Strategy & Investment wrote, "Investments to gain market share in North American Contract are starting to pay off, while Staples' International business...
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Goldman Sachs Raises PT On PetSmart To $49
Thursday, August 18, 2011 - 7:29am | 26Goldman Sachs has raised the price target on PetSmart (NASDAQ: PETM) from $48 to $49 and maintains its Buy rating.
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Goldman Sachs Maintains Neutral on Staples
Thursday, August 18, 2011 - 7:14am | 85Goldman Sachs is out with its report today on Staples (NASDAQ: SPLS), maintaining Neutral. In its report, Goldman Sachs writes, "With results stable, we expect see some multiple recovery and potential upside to our $17 target. We maintain our Neutral stance given secular challenges. We raise FY11...
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Jefferies Reiterates View on PetSmart Inc
Thursday, August 18, 2011 - 7:12am | 93Jefferies has published a research report on PetSmart Inc (NASDAQ: PETM). In the report, Jefferies wrote, "Q2 shows strong results as expected and management raised EPS guidance. However, back half guidance assumes decelerating traffic trends (possibly flat), decelerating comp store sales trends...
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J.P. Morgan Lowers PT On SPLS To $19
Thursday, August 18, 2011 - 7:01am | 135J.P. Morgan has lowered its price target from $20 to $19 on Staples (NASDAQ: SPLS) based on an overselling of the stock in Morgan's eyes. Says J.P. Morgan, in its report, “investors are likely to remain apathetic until we get clarity on the economic backdrop domestically and internationally. We...