Patrick McKeever

The retail sector is entering the final holiday stretch is "fairly upbeat" anc consistent with industry forecasts, according to MKM Partners.  Wal-Mart Stores Inc (NYSE: WMT), Five Below Inc (NASDAQ: FIVE) and Dollar Tree, Inc. (NASDAQ: DLTR) are standouts, said analyst Patrick...

Is Target Corporation (NYSE: TGT) immune from Amazon.com, Inc. (NASDAQ: AMZN)'s threat? According to analysts at MKM Partners the answer is yes. MKM Partners' Patrick McKeever upgrades Target's stock rating from Neutral to Buy with a price target boosted from $58 to $69 following Target's "...

Dicks Sporting Goods Inc (NYSE: DKS) experienced its greatest single day share decline after reporting weaker sales and earnings and cutting guidance in its second-quarter earnings report this week. The sporting goods leader was hit with a slew of downgrades, with increasing fears that defending...

Despite Dicks Sporting Goods Inc (NYSE: DKS) reporting another quarter of 5 percent comps and robust gross margin expansion, while most retailers had to contend with declining traffic and margin pressure, the stock decline 9 percent on March 7 due to the FY 2017 EPS guidance being issued below...

Wall Street expects a solid quarter from Dicks Sporting Goods Inc (NYSE: DKS) despite a tough retail backdrop and softer holiday sales. Dicks Sporting Goods, which reports fourth-quarter results on Feb. 7, is expected to have gained market share amid rationalization of industry, an uptick...

MKM Partners expects an in-line comp, but potential for EPS upside when Dollar Tree, Inc. (NASDAQ: DLTR) reports fourth-quarter results on March 1. But, the brokerage continues to prefer Dollar General Corp. (NYSE: DG), which reports on March 16. Analyst Patrick McKeever, who has a Neutral rating...

MKM Partners expects another earnings drop from Wal-Mart Stores Inc (NYSE: WMT) when the retail giant reports on February 21. Analyst Patrick McKeever expects results to continue to be lackluster despite expressing confidence in Wal-Mart's ability to hit numbers than most retailers, given its...

Patrick McKeever of MKM Partners says the weak fourth quarter results of Cabelas Inc (NYSE: CAB) adds another thorn in the path for the company’s merger with Bass Pro Shops. The past October, privately-held Bass Pro Shops agreed to acquire Cabela’s for $65.50 per share in cash,...

MKM Partners is positive on Fred's, Inc. (NASDAQ: FRED)’s deal to buy 865 Rite Aid Corporation (NYSE: RAD) stores for $950 million in cash as part of “forced divestiture” required by the FTC following Walgreens Boots Alliance Inc (NASDAQ: WBA)’s acquisition of Rite Aid....

Big Lots, Inc. (NYSE: BIG) is expected to report Q3 earnings on Friday before market open with a street consensus of -$0.01 earnings per share and $1.12 billion in revenue. MKM Partners analyst Patrick McKeever maintains a Buy rating going into the results with a $60 12-month price target. McKeever...

MKM Partners expects sequential improvement in DSW Inc. (NYSE: DSW)’s third-quarter results, expected on November 22, given easy comparisons. The brokerage sees adjusted EPS of $0.50, which is $0.02 above the Street. Quarter Expectations However, MKM expects third consecutive quarter of...

Five Below Inc (NASDAQ: FIVE), a specialty teen retailer that sells all items for $1 to $5 a piece, saw its stock dip after its second-quarter comp increase fell short of expectations, and the company's third quarter sales guidance implies a lower rate of growth. Following the selloff, several Wall...

MKM Partners analyst Patrick McKeever is not worried about the soft outlook provided by Five Below Inc (NASDAQ: FIVE) that dragged the stock down during after-hours trading Wednesday. Instead, the analyst advised investors to buy the stock taking advantage of the weakness. The brokerage found the...