-
Sterne Agee Initiates Sprouts Farmers Market At Neutral
Friday, March 20, 2015 - 8:28am | 67Read More...Analysts at Sterne Agee initiated coverage on Sprouts Farmers Market, Inc. (NASDAQ: SFM) with a Neutral rating. The target price for Sprouts Farmers Market is set to $38. Sprouts Farmers Market shares have dropped 8.12% over the past 52 weeks, while the S&P 500 index has surged 11.93% in the...
-
UPDATE: Sterne Agee Downgrades Southwestern Energy Due To Poor Margin Outlook, Increase In Debt
Thursday, March 19, 2015 - 10:38am | 200Read More...On Thursday Sterne Agee released a company report on Southwestern Energy Company (NYSE: SWN), downgrading the energy company from Buy to Neutral and removing a $39 price target. Analysts Tim Rezvan and Truman Hobbs wrote, "Given equity dilution and the sharp increase in debt in early 2015...
-
Sterne Agee Says Aetna's Growth Prospects Are Strong
Thursday, March 19, 2015 - 10:34am | 116Read More...Sterne Agee released a company report on Thursday highlighting Aetna Inc (NYSE: AET). Sterne Agee upgraded Aetna from Neutral to Buy with a $124 price target. Analyst Brian Wright wrote, "We see Aetna as the best positioned within the large-cap health plan space for investors to be positioned to...
-
UPDATE: Sterne Agee Downgrades Southwestern Energy On Reasons For Concern
Thursday, March 19, 2015 - 10:19am | 137Read More...In a report published Thursday, Sterne Agee analyst Tim Rezvan downgraded the rating on Southwestern Energy Company (NYSE: SWN) from Buy to Neutral, and removed the $39.00 price target. In the report, Sterne Agee noted, "Given equity dilution and the sharp increase in debt in early 2015, we revise...
-
Sterne Agee Upgrades Aetna To Buy
Thursday, March 19, 2015 - 9:29am | 47Read More...Sterne Agee upgraded Aetna Inc. (NYSE: AET) from Neutral to Buy. Aetna shares have gained 42.57% over the past 52 weeks, while the S&P 500 index has surged 12.15% in the same period. Aetna's shares rose 1.97% to close at $107.48 yesterday.
-
Sterne Agee Downgrades Southernwestern Energy To Neutral
Thursday, March 19, 2015 - 9:16am | 52Read More...Analysts at Sterne Agee downgraded Southernwestern Energy Co. (NYSE: SWN) from Buy to Neutral. Southernwestern Energy shares have dropped 48.17% over the past 52 weeks, while the S&P 500 index has surged 12.15% in the same period. Southernwestern Energy's shares fell 1.90% to $23.21 in pre-...
-
Sterne Agee Issues Stern Warning On Chesapeake Energy
Thursday, March 19, 2015 - 9:09am | 168Read More...Sterne Agee is out with a harsh criticism of Chesapeake Energy Corporation (NYSE: CHK) Thursday morning, while downgrading the company to Underperform with a $9 price target on the $14 stock. Sterne's analysts said that the company has "questionable capital allocation" and a free...
-
Dollar General Now Worth $83/Share, Sterne Agee Says
Tuesday, March 17, 2015 - 3:51pm | 246Read More...In a report published Tuesday, Sterne Agee analysts maintained a Buy rating on Dollar General Corp (NYSE: DG), while raising the price target from $78 to $83. While the macro environment in which Dollar General operates is improving, the company's guidance for FY15 appears conservative. The...
-
Sterne Agee Initiates Hanesbrands With Buy
Monday, March 16, 2015 - 9:24am | 59Read More...Analysts at Sterne Agee initiated coverage on Hanesbrands Inc. (NYSE: HBI) with a Buy rating. The target price for Hanesbrands is set to $38. Hanesbrands shares have gained 75.20% over the past 52 weeks, while the S&P 500 index has surged 10.47% in the same period. Hanesbrands' shares jumped 1....
-
Sterne Agee Downgrades Genesco To Neutral
Friday, March 13, 2015 - 8:55am | 57Read More...Analysts at Sterne Agee downgraded Genesco Inc. (NYSE: GCO) from Buy to Neutral. The price target for Genesco is set to $85. Genesco shares have dropped 11.14% over the past 52 weeks, while the S&P 500 index has gained 12.21% in the same period. Genesco shares dipped 7.79% to close at $67....
-
Costco Showing Strength Following Stellar Earnings, Wall Street Applauds
Friday, March 6, 2015 - 2:56pm | 566Read More...Costco Wholesale Corporation (NASDAQ: COST) reported exceptional 2015 fiscal year second-quarter earnings, beating analyst expectations. Revenue was reported at $27.45 billion, up 4 percent from last quarter. EPS was reported at $1.35, exceeding analyst expectations of $1.18 per share. Profits...
-
Wall Street Reacts To 3 Same-Store Sales Reports
Thursday, March 5, 2015 - 6:20pm | 348Read More...Three leading retail brands reported healthy same-store sales for February. Same-store sales is an important indicator for brick and mortar retailers. Wall Street analysts express their opinion on the performance. William Blair analysts maintained an Outperform rating on Zumiez Inc. (NASDAQ: ZUMZ...
-
Sterne Agee Managing Director: Switch To Visa Will Benefit Costco
Thursday, March 5, 2015 - 3:09pm | 374Read More...Costco Wholesale Corporation (NASDAQ: COST) came out with better than expected second-quarter results Thursday, declaring an EPS of $1.35, significantly above the $1.05 it reported for the same quarter last year. The company also recently announced that it has entered a co-brand credit card...
-
Sterne Agee: Target's Plan Is Solid, But Will Take Patience To See Results
Thursday, March 5, 2015 - 2:58pm | 217Read More...Sterne Agee issued a report on Target Corporation (NYSE: TGT) saying that the firm was encouraged by Target focusing on its digital platform and merchant culture. Furthermore, Target has over $2 billion of potential cost savings to fund investments, thus its margin profile looks to be in good...
-
Analysts: Target Margins Put It At Risk By Spending
Thursday, February 26, 2015 - 2:51pm | 354Read More...Target Corporation's (NYSE: TGT) plans to spruce up stores to boost traffic may put its profit margins at risk going forward, analysts said Thursday. The Minneapolis-based retailer changed hands recently at $77.31, up $0.16 cents. Target, which posted fourth-quarter same-store sales...


