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Jim Cramer Says 'You Want To Own' Whole Foods
Wednesday, June 1, 2016 - 11:51am | 391Read More...Analysts at Credit Suisse upgraded of Whole Foods Market, Inc. (NASDAQ: WFM) to Outperform from Neutral with a price target boosted to $40 from a previous $30. Analyst Edward Kelly argued Whole Foods' stock represents a "unique opportunity" to won a specialty food retailer at the...
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Credit Suisse Initiates Big Lots With An Underperform Rating, $39 Target
Wednesday, March 16, 2016 - 11:24am | 236Read More...Credit Suisse issued a note on Big Lots, Inc. (NYSE: BIG), initiating coverage of the retailer. Credit Suisse rates Big Lots as Underperform with a $39 price target. Analysts Edward Kelly and Stephanie Chang wrote, "Aggressive merchandising changes, the launch of a furniture leasing...
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Proceed With Caution In Kroger
Friday, January 22, 2016 - 1:43pm | 226Read More...Credit Suisse on Friday issued a company note on The Kroger Co (NYSE: KR) saying that while Kroger is "a long-term structural winner" investors should proceed with caution. Credit Suisse rates Kroger as Neutral and lowered their price target from $40 to $36. Analysts Edward Kelly,...
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Dollar Tree Cut To Underperform At Credit Suisse, Family Dollar Acquisition Has Concerns
Thursday, September 10, 2015 - 8:37am | 424Read More...Dollar Tree shares have sold off from the $80 level in July on disappointing quarterly results and concerns over slowing momentum. Edward Kelly of Credit Suisse on Thursday downgraded Dollar Tree to Underperform with a $60 price target. Kelly noted it is "clear" the Family...
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What The Street Thinks Of Dollar Tree Now
Wednesday, September 2, 2015 - 9:11am | 1015Read More...Shares of Dollar Tree, Inc. (NASDAQ: DLTR) plunged more than 8 percent during Tuesday's trading session after the company reported its Q2 results and guidance. Here is a roundup of what Wall Street's top analysts are saying after digesting the print and conference call. Cantor...
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The Fresh Market Isn't Very Popular On Wall Street Right Now
Friday, August 21, 2015 - 4:05pm | 970Read More...Shares of The Fresh Market Inc (NASDAQ: TFM) plunged nearly 20 percent early Friday afternoon, establishing a new 52-week low of $21.05 after investors and traders were not impressed with the company's second-quarter results and outlook. The Fresh Market reported it earned $0.36 per share in the...
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Credit Suisse Previews Drugstore December Sales Data
Wednesday, December 31, 2014 - 10:14am | 244Read More...According to Edward J. Kelly of Credit Suisse, the promotional environment at drugstores was likely as competitive as ever during the holiday season. Kelly notes that recent Nielsen data indicates continued weak traffic trends were offset by price and mix as well as an uptick in percentage of items...
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UPDATE: Credit Suisse Initiates Coverage On The Fresh Market
Thursday, July 17, 2014 - 8:57am | 156Read More...In a note released Thursday morning, Credit Suisse analyst Edward Kelly initiated coverage on The Fresh Market (NASDAQ: TFM) with an Underperform rating and a $29 price target. Shares of the company have fallen ~1.3 percent in the pre-market to ~$31.37 following the release of Kelly's note...
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UPDATE: Credit Suisse Maintains on Safeway, Notes It May Be Exploring Strategic Alternatives
Tuesday, February 18, 2014 - 3:05pm | 154Read More...Safeway (NYSE: SWY) is scheduled to release its fourth quarter 2013 earnings Wednesday, February 19 followed by a 5:00 p.m. (EST) conference call. In the lead up to this, Credit Suisse released a note Tuesday commenting on the "low visibility" of Safeway's management. Credit Suisse's Edward Kelly...
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Fairway Investors Run For The Exit As Organizational Changes Reduce Visibility
Friday, February 7, 2014 - 1:08pm | 411Read More...Fairway Group (NASDAQ: FWM) shares plummeted amid organizational realignment and earnings. Five analyst downgraded shortly following three press releases on February 6. On Thursday, Fairway Group reported third quarter results and the company's restructuring. Fairway announced third quarter...
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UPDATE: Credit Suisse Downgrades Fairway Due to Weak Q3 Results and Reduced Visibility
Friday, February 7, 2014 - 9:05am | 162Read More...In a report published Friday, Credit Suisse analyst Edward Kelly downgraded Fairway (NASDAQ: FWM) from Outperform to Underperform and lowered the price target to $8 from $18. A combination of weak 3Q13 results, the exit of CEO Herb Ruetsch, and increased competitive pressure were factors that...
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UPDATE: Credit Suisse Downgrades Kroger
Thursday, January 16, 2014 - 9:23am | 142Read More...In a report published Thursday, Credit Suisse analyst Edward Kelly downgraded Kroger (NYSE: KR) to Neutral from Outperform, dropping its price target to $39.00 from $48.00. According to the report, while KR remains a well managed, high quality company positioned for long-term share gains, the risk...
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UPDATE: Credit Suisse Reinstates Roundy's, Still Cautious on Core Valuation
Friday, December 27, 2013 - 9:28am | 247Read More...In a report published Friday, Credit Suisse analyst Edward Kelly reinstated coverage on Roundy’s Supermarket (NYSE: RNDY) with a Neutral rating and raised target price from $7.00 to $10.00. According to the report, the move followed the company’s purchase of 11 stores in Chicago from Safeway...
