Information Provided By:
Fly News Breaks for March 3, 2020
PLNT, COST, WMT
Mar 3, 2020 | 07:53 EDT
Cowen analyst Oliver Chen recommended three retail stocks to buy amidst the market pullback. The analyst recommended Walmart (WMT) for its leading grocery share and digital innovation, Costco (COST) due to its global traffic driving low-cost and high value warehouse assortment, and Planet Fitness (PLNT) based on its valuation pullback yet superior affordability and global unit growth potential. Chen has an Outperform rating and $140 price target on Walmart, he rates Costco Outperform with a $350 price target, and Planet Fitness an Outperform with a $95 price target .
News For WMT;COST;PLNT From the Last 2 Days
WMT
Mar 28, 2024 | 16:23 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
WMT
Mar 28, 2024 | 12:00 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
WMT
Mar 28, 2024 | 09:50 EDT
After Walmart (WMT) and Vizio (VZIO) pulled and refiled their notification under the Hart-Scott-Rodino Act Wednesday, Dealreporter told its readers that the move "may have investors wondering if this could become another Amazon (AMZN) and iRobot (IRBT) situation," contacts tell The Fly. While the M&A-focused publication said "there are traces of that same dynamic here," it added that "this pull-and-refile suggests this deal is on stronger footing than AMZN-IRBT," according to contacts. The news service sees "a genuine chance that this deal could get a prolonged look from regulators due to some of the similar dynamics at play compared to IRBT and AMZN," it reportedly said.