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UPDATE: Credit Suisse Reiterates On Advance Auto Parts As Merger Moves Forward
Friday, August 15, 2014 - 11:05am | 247Read More...In a report published Friday, Credit Suisse analyst Gary Balter reiterated an Outperform rating on Advance Auto Parts (NYSE: AAP), and raised the price target from $150.00 to $160.00. In the report, Credit Suisse noted, “Merger economics are not for the faint of heart and we expect that we will see...
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Credit Suisse Says Lumber Liquidators' Main Problem Was Not Macro
Thursday, July 10, 2014 - 10:46am | 255Read More...Analysts are piling onto Lumber Liquidators (NYSE: LL) after the company slashed second-quarter and full-year guidance. Credit Suisse jumped into the mix with a downgrade from Outperform to Neutral and cut the price target by 35 percent to $65. Analyst Gary Balter wrote, “A key part of...
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Could Dividends Be In The Future For Bed Bath & Beyond?
Tuesday, July 8, 2014 - 12:20pm | 344Read More...With its shares down more than 25 percent since January, Bed Bath & Beyond (NASDAQ: BBBY) is mulling whether to take on debt to boost its share buyback program or even pay a dividend for the first time, an analyst suggested Tuesday. The company announced a $2 billion expansion to its...
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UPDATE: Credit Suisse Upgrades Office Depot
Wednesday, May 7, 2014 - 8:54am | 154Read More...In a note released Wednesday, Credit Suisse analyst Gary Balter upgraded Office Depot (NYSE: ODP) from Neutral to Outperform and raised the price target from $6.13 to $7.00. This upgrade comes after the company released its Q1 2014 earnings report and announced that it will be closing 400 stores...
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UPDATE: Credit Suisse Reiterates on Bed Bath & Beyond on Near-Term Transition Costs
Thursday, April 10, 2014 - 10:28am | 224Read More...In a report published Thursday, Credit Suisse analyst Gary Balter reiterated a Neutral rating on Bed Bath & Beyond (NASDAQ: BBBY), but lowered the price target from $78.00 to $70.00. In the report, Credit Suisse noted, “Retail stocks correlate best with changes in return on invested capital....
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UPDATE: Credit Suisse Downgrades GNC Following Q4 Earnings Season
Monday, March 17, 2014 - 7:51am | 175Read More...In a report published Monday, Credit Suisse analyst Gary Balter downgraded the rating on GNC (NYSE: GNC) from Outperform to Neutral, and lowered the price target from $65.00 to $51.00. In the report, Credit Suisse noted, “While we are stepping to the sidelines near term, we continue to like the...
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Not Dead Yet: 3 Retailers That Are Apparently Defying The Odds
Thursday, February 27, 2014 - 4:45pm | 1335Read More...The retail industry has been in dire straits for some time now, and amid predictions of a tough 2014 for many major retailers there have also been death knells sounded for several stores have have been apart of the American consumer landscape for years, if not decades. However, recent earnings...
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UPDATE: Credit Suisse Upgrades Dicks Sporting Goods
Wednesday, January 15, 2014 - 9:12am | 172Read More...In a report published Wednesday, Credit Suisse analyst Gary Balter upgraded Dicks Sporting Goods (NYSE: DKS) to Outperform from Neutral, raising its price target to $65.00 from $56.00. According to the report, the upgraded follows a combination of easier comparisons, improvements in the already...
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UPDATE: Credit Suisse Upgrades AutoNation to Outperform on More Bullish Outlook
Wednesday, July 3, 2013 - 10:05am | 182Read More...In a report published Wednesday, Credit Suisse analyst Gary Balter upgraded the rating on AutoNation (NYSE: AN) from Neutral to Outperform, and raised the price target from $50.00 to $53.00. In the report, Credit Suisse noted, “While we have always admired AN, two aspects of the story have changed...
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Retail Sector Recovers Slightly After Tripping
Monday, June 28, 2010 - 3:41pm | 340Read More...After falling in the first half of the trading day, retail stocks have moved slightly in the black today. The S&P Retail Index has advanced 0.58% to 407.72 after the Commerce Department estimated a substantial increase in the savings rate of US households in May, with income growing faster than...


