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AMZN

Amazon.com

$987.71

23.54 (2.44%)

, WFM

Bought by AMZN

$42.68

9.62 (29.10%)

07:09
06/19/17
06/19
07:09
06/19/17
07:09

Amazon operational assumptions key to Whole Foods deal success, says UBS

UBS analyst Eric Sheridan took a look at Amazon's (AMZN) acquisition of Whole Foods (WFM), which he expects to be 2%-12% accretive to 2018 earnings. The analyst believes operational assumptions post close will be the key to success. He also believes regulatory issues remain an overhang for the sector and he sees the purchase as the first step into a broader physical retail presence. Sheridan maintained his Buy rating and $1,100 price target on Amazon.com shares.

AMZN

Amazon.com

$987.71

23.54 (2.44%)

WFM

Bought by AMZN

$42.68

9.62 (29.10%)

AMZN Amazon.com
$987.71

23.54 (2.44%)

06/16/17
BARD
06/16/17
NO CHANGE
BARD
Wal-Mart, Costco weakness on Amazon news a buying opportunity, says Baird
Baird analyst Peter Benedict said he we views Amazon's (AMZN) deal to buy Whole Foods (WFM) as reinforcing the value of local distribution and he believes Wal-Mart (WMT) and Costco (COST) are particularly well positioned to compete in the omni-channel grocery market. The analyst, who recommends using today's weakness in those two stocks as a buying opportunity, keeps an Outperform rating on both, while maintaining a Neutral rating on Target (TGT), noting that he thinks today's news "raises the bar" on its need to find an effective strategy to turn its grocery business.
06/16/17
06/16/17
DOWNGRADE

Neutral
Costco downgraded to Neutral from Conviction Buy at Goldman Sachs
As previously reported, Goldman downgraded Costco (COST) to Neutral from Conviction Buy and lowered its price target to $176 from $197. Analyst Matthew Fassler believes Costco's valuation will be capped due to Amazon's (AMZN) ongoing moves into consumables, online investments by Wal-Mart (WMT) and fading fundamental catalysts. He believes Amazon will offer superior pricing and delivery competency versus incumbents but does not anticipate meaningful erosion in warehouse business trends any time soon.
06/19/17
DBAB
06/19/17
DOWNGRADE
Target $172
DBAB
Hold
Costco downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank analyst Paul Trussell downgraded Costco (COST) to Hold and lowered his price target for the shares to $172 from $187. Positive pipeline catalysts have played out while competition is intensifying with Amazon.com (AMZN) and Wal-Mart (WMT) accelerating in-store and online efforts, Trussell tells investors in a research note titled "Past Its Prime? Downgrade to Hold." He believes Amazon's acquisition of Whole Foods (WFM) is a "game changer" for Costco's "competitive moat in grocery."
06/19/17
DBAB
06/19/17
NO CHANGE
Target $26
DBAB
Buy
Kroger selloff last week a buying opportunity, says Deutsche Bank
Deutsche Bank analyst Shane Higgins views last week's 27.6% selloff in shares of Kroger (KR) following the weaker than expected Q1 results and Amazon.com's (AMZN) acquisition of Whole Foods (WFM) as a buying opportunity. Kroger can still compete and is well positioned to capitalize on market disruption, Higgins tells investors in a research note. He lowered his price target for the shares to $26 from $35 and keeps a Buy rating on the name.
WFM Bought by AMZN
$42.68

9.62 (29.10%)

06/19/17
SBSH
06/19/17
NO CHANGE
Target $26
SBSH
Buy
Kroger risk/reward looks favorable, says Citi
Citi analyst Alvin Concepcion believes Kroger's (KR) risk/reward remains favorable following last week's selloff. The analyst lowered his price target for the shares to $26 from $36 and keeps a Buy rating on the name. Kroger shares now trade at a 50% discount to their peer group, despite peers like Sprouts Farmers Market (SFM) and Natural Grocers (NGVC) facing greater exposure to threats from a stronger Whole Foods (WFM) in the natural/organic category, Concepcion tells investors in a research note. Amazon (AMZN) Friday announced a takeover of Whole Foods.

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CCL

Carnival

$64.33

-0.12 (-0.19%)

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ABB

ABB

$24.73

0.1 (0.41%)

, GE

General Electric

$24.87

0.12 (0.48%)

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ABB to buy General Electric's Industrial Solutions unit for $2.6B »

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$24.73

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GE

General Electric

$24.87

0.12 (0.48%)

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AAPL

Apple

$151.89

-1.5 (-0.98%)

05:55
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Recommendations
Apple analyst commentary  »

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  • 22

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AMZN

Amazon.com

$955.10

-9.55 (-0.99%)

05:49
09/25/17
09/25
05:49
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05:49
Hot Stocks
Amazon Web Services announces opening of data centers in Middle East by 2019 »

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CVE

Cenovus Energy

$10.28

0.18 (1.78%)

05:46
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05:46
Hot Stocks
Cenovus Energy reaches agreement to sell Suffield assets for $512M »

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JHG

Janus Henderson Group

$33.96

0.42 (1.25%)

05:39
09/25/17
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Initiation
Janus Henderson Group initiated  »

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EMES

Emerge Energy

$9.17

0.44 (5.04%)

05:36
09/25/17
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05:36
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05:36
Initiation
Emerge Energy initiated  »

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HCLP

Hi-Crush Partners

$10.10

0.3 (3.06%)

05:34
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05:34
Initiation
Hi-Crush Partners initiated  »

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  • 26

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EXEL

Exelixis

$24.47

-3.54 (-12.64%)

, DSNKY

Daiichi Sankyo

$23.03

0.17 (0.74%)

05:34
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09/25
05:34
09/25/17
05:34
Hot Stocks
Exelixis: ESAX-HTN pivotal study in essential hypertension met primary objective »

Exelixis (EXEL) announced…

EXEL

Exelixis

$24.47

-3.54 (-12.64%)

DSNKY

Daiichi Sankyo

$23.03

0.17 (0.74%)

03/08/13
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VFC

VF Corp.

$62.20

0.35 (0.57%)

, UAA

Under Armour

$16.41

-0.08 (-0.49%)

05:31
09/25/17
09/25
05:31
09/25/17
05:31
Downgrade
VF Corp., Under Armour, Under Armour rating change  »

VF Corp. downgraded to…

VFC

VF Corp.

$62.20

0.35 (0.57%)

UAA

Under Armour

$16.41

-0.08 (-0.49%)

UA

Under Armour

$15.04

-0.09 (-0.59%)

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UAA

Under Armour

$16.41

-0.08 (-0.49%)

, UA

Under Armour

$15.04

-0.09 (-0.59%)

05:28
09/25/17
09/25
05:28
09/25/17
05:28
Upgrade
Under Armour, Under Armour, VF Corp. rating change  »

Under Armour upgraded to…

UAA

Under Armour

$16.41

-0.08 (-0.49%)

UA

Under Armour

$15.04

-0.09 (-0.59%)

VFC

VF Corp.

$62.20

0.35 (0.57%)

03/08/13
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  • 03

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SNAP

Snap

$13.70

-0.07 (-0.51%)

05:24
09/25/17
09/25
05:24
09/25/17
05:24
Recommendations
Snap analyst commentary  »

Snap price target lowered…

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CMP

Compass Minerals

$60.10

-9.4 (-13.53%)

05:20
09/25/17
09/25
05:20
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05:20
Upgrade
Compass Minerals rating change  »

Compass Minerals upgraded…

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  • 29

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COR

CoreSite Realty

$108.49

-1.86 (-1.69%)

05:18
09/25/17
09/25
05:18
09/25/17
05:18
Initiation
CoreSite Realty initiated  »

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  • 26

    Sep

ROST

Ross Stores

$60.89

-0.02 (-0.03%)

05:17
09/25/17
09/25
05:17
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05:17
Upgrade
Ross Stores rating change  »

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OFC

Corporate Office Properties

$32.53

-0.13 (-0.40%)

05:11
09/25/17
09/25
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05:11
Upgrade
Corporate Office Properties rating change  »

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ABMRF

ABN Amro

05:08
09/25/17
09/25
05:08
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05:08
Upgrade
ABN Amro rating change  »

ABN Amro upgraded to Buy…

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GM

General Motors

$39.42

0.32 (0.82%)

05:05
09/25/17
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05:05
Upgrade
General Motors rating change  »

General Motors upgraded…

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NGLOY

Anglo American

$9.12

-0.1 (-1.08%)

04:59
09/25/17
09/25
04:59
09/25/17
04:59
Downgrade
Anglo American rating change  »

Anglo American downgraded…

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NTB

Butterfield

$36.57

0.45 (1.25%)

04:56
09/25/17
09/25
04:56
09/25/17
04:56
Downgrade
Butterfield rating change  »

Butterfield downgraded to…

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VSAR

Versartis

$2.68

-18.925 (-87.62%)

04:55
09/25/17
09/25
04:55
09/25/17
04:55
Downgrade
Versartis rating change  »

Versartis downgraded to…

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04:55
09/25/17
09/25
04:55
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04:55
Conference/Events
Cowen retail analyst hold an analyst/industry conference call »

Retailing/Specialty…

HSC

Harsco

$19.75

0.35 (1.80%)

04:55
09/25/17
09/25
04:55
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04:55
Conference/Events
Harsco management to meet with Lake Street »

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IIVI

II-VI

$40.40

0.45 (1.13%)

04:55
09/25/17
09/25
04:55
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04:55
Conference/Events
II-VI management to meet with B. Riley »

Meeting to be held in…

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AMCX

AMC Networks

$59.08

0.14 (0.24%)

04:55
09/25/17
09/25
04:55
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04:55
Conference/Events
AMC Networks management to meet with Jefferies »

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