24/7 Wall St. » TSCO

Tractor Supply Sales Jump, So Does Forecast (TSCO)

Paul Ausick — Thu, 12 Apr 2012 12:06:49 +0000

Farm and ranch retailer Tractor Supply Co. (NASDAQ: TSCO) reported first quarter sales this morning and absolutely crushed expectations. Total sales reached $1.02 billion, sharply above estimates of $937.4 million. Same-store sales rose 11.5%. The company attributed the jump to warmer weather.

But the big news came on the earnings front. The company is now forecasting EPS of $0.53-$0.55, well above the current consensus estimate of $0.32:

This includes an estimated benefit of $0.09 to $0.11 per diluted share from the pull-forward of sales into the first quarter, from the second quarter, due to the early spring weather. Guidance also reflects the expectation that gross margin for the first quarter of 2012 will be slightly below prior-year levels due, in part, to warmer weather in January and February that necessitated markdowns to sell through winter seasonal merchandise.

Given the “pull-forward” of sales, here’s what the company expects the full year to produce:

Net sales are now expected to range between $4.61 billion and $4.68 billion compared to the Company’s previously expected range of $4.56 billion to $4.66 billion. Same-store sales for the full year are now expected to increase 4.0% to 5.5% compared to the prior expectation for an increase of 3% to 5%. Net income is now expected to range between $260 million and $265 million compared to the prior expectation of $246 million to $253 million. The Company now anticipates full year net income will range between $3.52 and $3.60 per diluted share compared to its previous guidance of $3.38 to $3.46 per diluted share.

The consensus estimate for full-year EPS had been $3.52 and the consensus revenue estimate had been $4.65 billion.

Shares have risen to $95.00 in the pre-market, which would be a new 52-week high if it holds up. Tractor Supply’s stock has traded in a 52-week range of $49.02-$93.50.

Filed under: Agriculture, Retail Tagged: TSCO

Top Analyst Upgrades & Downgrades (ANF, AES, ALU, BUD, BHI, DD, EL, MNKD, MU, MWW, NE, NVDA, SHLD, TSCO, X, V)

Administrator — Mon, 13 Feb 2012 13:17:32 +0000

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Monday morning.

Abercrombie & Fitch Company (NYSE: ANF) Reiterated Buy with $70 target at Jefferies.
AES Corporation (NYSE: AES) Started as Buy at UBS.
Alcatel-Lucent S.A. (NYSE: ALU) Cut to Sell at Soc-Gen.
Anheuser-Busch InBev (NYSE: BUD) Started as Neutral at Credit Suisse.
Baker Hughes Inc. (NYSE: BHI) Cut to Neutral at Goldman Sachs.
E.I. du Pont de Nemours and Company (NYSE: DD) Started as Equal-weight at Morgan Stanley.
Estee Lauder Companies, Inc. (NYSE: EL) Cut to Neutral at Citigroup.
MannKind Corporation (NASDAQ: MNKD) Started as Overweight at Piper Jaffray.
Micron Technologies Inc. (NASDAQ: MU) Reiterated Outperform with $12.00 target at Credit Suisse.
Monster Worldwide, Inc. (NYSE: MWW) Cut to Sell at Citigroup.
Noble Corporation (NYSE: NE) Raised to Buy at Goldman Sachs.
NVIDIA Corporation (NASDAQ: NVDA) Raised to Outperform at FBR.
Sears Holding Corporation (NASDAQ: SHLD) Maintained Underperform as Bear of the Day at Zacks.
Tractor Supply Co. (NASDAQ: TSCO) Maintained Outperform as Bull of the Day at Zacks.
U.S. Steel Corporation (NYSE: X) Cut to Hold at KeyBanc.
Visa Inc. (NYSE: V) Reiterated Buy and raised target to $130 at Argus.

If you enjoyed the top analyst upgrades and downgrades, you can sign up in the box below to join our morning email list to receive news directly in your inbox each morning. We include major analyst upgrades and downgrades, IPO and M&A news, special situation developments, observations on Warren Buffett and key market gurus, as well as special exclusive feature stories.

JON C. OGG

Filed under: 24/7 Wall St. Wire, Analyst Calls Tagged: AES, ALU, ANF, BHI, BUD, DD, EL, MNKD, MU, MWW, NE, NVDA, SHLD, TSCO, V, X

24/7 Wall St. Closing Bell (GOOG, JCI, VLO, TSCO, HUM, INTC, IBM, BAC, AXP, GE, SLB, STI, INSM, TLB, SHLD, NCIT, CCOI)

Paul Ausick — Fri, 20 Jan 2012 21:08:42 +0000

Equity markets opened mixed this morning, with the DJIA up slightly and the NASDAQ Composite and S&P 500 down slightly. That pattern held throughout the day as last night’s report from Google Inc. (NASDAQ: GOOG) held tech stocks down today. Financials were mixed and no other sector took the lead to push trading higher. A positive report on existing home sales did not appease traders either. Crude oil is down today on continuing concern that Chinese demand will soften and that European growth will be low. WTI crude is down -1.92% at $98.46/barrel and Brent crude is down -1.39% at $110.00/barrel. Gold is up 0.60% at $1,664.40.

The unofficial closing bells put the DJIA up nearly 97 points to 12,720.48 (0.76%), the NASDAQ fell nearly 2 points (-0.06%) to 2,786.70, and the S&P 500 rose a bare 0.07% or less than 1 point to 1,315.37.

There were several analyst upgrades and downgrades today, including Google maintained as ‘buy’ but target price cut to $700 at Canaccord Genuity; Johnson Controls Inc. (NYSE: JCI) cut to ‘neutral’ at JPMorgan; Valero Energy Corp. (NYSE: VLO) reiterated as ‘buy’ with $35 target price at Argus; Tractor Supply Co. (NASDAQ: TSCO) reiterated as ‘buy’ and target price raised to $92 at Argus; and Humana Inc. (NYSE: HUM) cut to ‘market perform’ at Wells Fargo.

Earnings reports since markets closed yesterday have led to some price changes as of the last half hour of trading today: Google is down -8.78% at $583.39; Intel Corp. (NASDAQ: INTC) is up 2.75% at $26.33; IBM Corp. (NYSE: IBM) is up 4.48% at $188.61; Bank of America Corp. (NYSE: BAC) is up 1.42% at $7.06; American Express Co. (NYSE: AXP) is down -1.94% at $49.96; General Electric is down -0.21% at $19.11; Schlumberger Ltd. (NYSE: SLB is up 0.74% at $73.40; and Suntrust Banks Inc. (NYSE: STI) is up 4.79% at $21.21.

Other standouts from today include the following stocks:

Insmed Inc. (NASDAQ: INSM) is up nearly 30% at $4.94. The biotech company announced that the FDA has lifted a clinical hold on a lung disease drug.

The Talbots Inc. (NYSE: TLB) is up nearly 18% at $3.17. The clothing retailer is rumored to be under consideration for a takeover by two private equity firms.

Sears Holdings Corp. (NASDAQ: SHLD) is up nearly 14% at $49.25. The general merchandise retailer is thought to be under consideration for a takeover offer from its largest shareholder.

NCI Inc. (NASDAQ: NCIT) is down nearly -32%, after posting a new 52-week low of $7.71 earlier today. The federal contractor will restructure to compensate for loss of contracts.

Cogent Communications Group Inc. (NASDAQ: CCOI) is down nearly -18% at $15.45. The network communications provider is suffering from the shutdown last night of the Megaupload.com website, one of Cogent’s largest customers, by federal authorities.

Stay tuned for Monday. We have noted the following events on the schedule (all times Eastern):

11:30 a.m. – 3-month and 6-month Treasury bill auctions

Have a great weekend.

Paul Ausick

Filed under: HI/LOW, Market Close, The Day Tagged: AXP, BAC, CCOI, GE, GOOG, HUM, IBM, INSM, INTC, JCI, NCIT, SHLD, SLB, STI, TLB, TSCO, VLO

Top Analyst Upgrades & Downgrades (BLK, EMC, GOOG, HUM, IBN, INTC, JDSU, JCI, NCIT, TNP, TXN, TSCO, VLO, WU, CCL, RCL)

Administrator — Fri, 20 Jan 2012 13:22:36 +0000

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Friday morning.

BlackRock Inc. (NYSE: BLK) Cut to Neutral at Citigroup.
EMC Corporation (NYSE: EMC) Reiterated Outperform at Credit Suisse.
Google Inc. (NASDAQ: GOOG) Maintained Buy but cut target to $700 at Canaccord Genuity.
Humana Inc. (NYSE: HUM) Cut to Market Perform at Wells Fargo.
ICICI Bank Ltd. (NYSE: IBN) Cut to Underperform and named Bear of the Day at Zacks.
Intel Corporation (NASDAQ: INTC) Cut to Hold at Kaufman; Reiterated Outperform and raised target to $35 at Credit Suisse; Maintained Hold with $24 target at Canaccord Genuity.
JDS Uniphase Corporation (NASDAQ: JDSU) Raised to Buy at Stifel Nicolaus.
Johnson Controls Inc. (NYSE: JCI) Cut to Neutral at JPMorgan.
NCI. Inc. (NASDAQ: NCIT) Cut to Underperform at Wells Fargo.
Tsakos Energy Navigation Ltd. Co. (NYSE: TNP) Raised to Outperform at Credit Suisse.
Texas Instruments Inc. (NASDAQ: TXN) Cut to Hold at Needham.
Tractor Supply Co. (NASDAQ: TSCO) Reiterated Buy and raised target to $92 at Argus.
Valero Energy Corporation (NYSE: VLO) Reiterated Buy with $35 price target at Argus.
Western Union Co. (NYSE: WU) Reiterated Outperform as Bull of the Day at Zacks.

Carnival Corporation (NYSE: CCL) and Royal Caribbean Cruises Ltd. (NYSE: RCL) lowered targets and estimates by Credit Suisse.

If you enjoyed the top analyst calls, you can sign up in the box below to join our morning email list to receive news directly in your inbox each morning. We include major analyst upgrades and downgrades, IPO and M&A news, special situation developments, observations on Warren Buffett and key market gurus, as well as special exclusive feature stories.

JON C. OGG

Filed under: Analyst Calls Tagged: BLK, CCL, EMC, GOOG, HUM, IBN, INTC, JCI, JDSU, NCIT, RCL, TNP, TSCO, TXN, VLO, WU

Morning Movers (DKS, TSCO, SAFM, WSM, INFY)

Paul Ausick — Thu, 12 Jan 2012 15:24:56 +0000

There are several stocks trading more heavily than usual this morning, and also experiencing large gains or drops in share prices. These include Dick’s Sporting Goods Inc. (NYSE: DKS), Tractor Supply Co. (NASDAQ: TSCO), Sanderson Farms Inc. (NASDAQ: SAFM), Williams-Sonoma Inc. (NYSE: WSM), and Infosys Ltd. (NASDAQ: INFY).

After the first half hour of trading, Dick’s Sporting Goods is up more than 9% at $39.83. Volume is already more than double the daily average. Volume has already double the daily average. The sporting goods retailer reported lagging sales, but offset that with a new $200 million share buyback program.

Tractor Supply is up more than 7.5% at $78.42, after posting a new 52-week high of $80.11. Volume has already surpassed the daily average. The farm and ranch retailer reported better-than-expected earnings last night and raised 2011 EPS guidance.

Sanderson Farms is up more than 6% at $50.33. Volume is heavy, at about 70% of the daily average already trading hands. The poultry producer is likely getting a boost from the latest federal report on crop prices, especially corn, which is expected to be both abundant and cheaper.

Williams-Sonoma is down nearly -13% at $34.02. Volume is already 4x the daily average. The home furnishings company cut its sales guidance and announced a new stock repurchase program this morning.

Infosys is down nearly -9% at $51.76. Volume is already 3x the daily average. The India-based business outsourcing company missed the consensus estimate for fourth-quarter EPS.

Paul Ausick

Filed under: HI/LOW, Market Open, The Day Tagged: DKS, INFY, SAFM, TSCO, WSM

Expected Gains in Specialty Retail Stocks (ODP, OMX, SPLS, BKS, CSTR, BID, TSCO, TITN, PETM, LUX)

Paul Ausick — Fri, 04 Nov 2011 18:26:34 +0000

The universe of specialty retail stocks is not terribly large, measured either by number of companies or market cap. The entire sector has a market cap of about $310 billion, less than Apple Inc. (NYSE: AAPL) or Exxon Mobil Corp. (NYSE: XOM) alone. The companies represented in this group include pet supply stores, a bookstore chain, a DVD rental chain, office supply stores, a heavy equipment rental chain, an eyewear maker, and an auction house.

The companies we’re looking at include Office Depot, Inc. (NYSE: ODP), Office Max Inc. (NYSE: OMX), Staples, Inc. (NASDAQ: SPLS), Barnes & Noble, Inc. (NYSE: BKS), Coinstar, Inc. (NASDAQ: CSTR), Sotheby’s (NYSE: BID), Tractor Supply Co. (NASDAQ: TSCO), Titan Machinery Inc. (NASDAQ: TITN), PetSmart Inc. (NASDAQ: PETM), and Luxottica Group S.p.A. (NYSE: LUX).

Diversity aside, most of these stocks have very high implied gains, which means either that they are worth a second look or that there is no hope that any will ever hit their targets and that a lower target is soon to come. Which result will occur depends to a large extent on competitors in the same business, the overall economy, and whether consumers regain some of their lost confidence.

All data from Yahoo! Finance, with current prices taken at about noon today.

Office Depot, Inc. (NYSE: ODP) has a median target price of $4.00 from 13 brokers. Shares are trading today at $2.30, for an implied gain of $1.70, or 74%. Office Depot’s forward P/E is 28.5 and the company does not pay a dividend. The stock’s 52-week trading range is $1.75-$6.25, and at today’s price that’s about 31% above its 52-week low, posted earlier this morning, and 63% below the 52-week high.

Analysts didn’t expect much from Office Depot in the third quarter, and the company failed to deliver even that. EPS was break-even compared with an expected EPS of $0.01. Revenue also missed estimates. The implied gain in this stock is purely illusory when you consider its earnings and its immodest forward P/E.

Office Max Inc. (NYSE: OMX) has a median target price of $7.50 from 14 brokers. Shares are trading today at $5.10, for an implied gain of $2.40, or 47%. Office Max’s forward P/E is 7.39 and the company does not pay a dividend. The stock’s 52-week trading range is $3.90-$19.20, and at today’s price that’s about 31% above its 52-week low, posted earlier this morning, and 73% below the 52-week high.

Office Max reported that net income rose last quarter but revenue fell, as a result of cost-cutting measures. The company expects full-year revenue to be flat with last year. The company also plans to continue closing stores. There’s little long-term happiness in store for the company.

Staples, Inc. (NASDAQ: SPLS) has a median target price of $19.00 from 16 brokers. Shares are trading today at $14.69, for an implied gain of $4.31, or 29%. Staples’ forward P/E is 9.58 and the company pays a 2.8% dividend yield. The stock’s 52-week trading range is $11.94-$23.75, and at today’s price that’s about 23% above its 52-week low, posted earlier this morning, and 38% below the 52-week high.

Staples has been rumored as a possible buyer of either Office Depot or Office Max or both. The company’s market cap of $10.5 billion is about 10X the market cap of the other two combined, so such a deal is not out of the question. Staples’ target price is now lower than its 52-week high, a sign that analysts don’t expect a lot of growth. That could either spur the company to go ahead with an acquisition or cause it to sit on its hands.

Barnes & Noble, Inc. (NYSE: BKS) has a median target price of $15.50 from 4 brokers. Shares are trading today at $11.52, for an implied gain of $3.98, or 35%. B&N’s forward P/E is 33.87 and the company pays a huge 8.1% dividend yield. The stock’s 52-week trading range is $10.30-$12.65, and at today’s price that’s about 12% above its 52-week low, posted earlier this morning, and 9% below the 52-week high.

B&N is trying to keep up with Apple Inc. (NASDAQ: AAPL) and Amazon.com (NASDAQ: AMZN) in the e-reader/tablet market. The company is set to announce a new entrant in its Nook device family on Monday. Somehow, taking on the two biggest players in the market with a device that costs more than a comparable device from Amazon and has far less capability than an Apple iPad just doesn’t seem like a long-term winning strategy.

Filed under: Analyst Calls, Retail Tagged: BID, BKS, CSTR, LUX, ODP, OMX, PETM, SPLS, TITN, TSCO

Top Analyst Upgrades & Downgrades (AAPL, ACP, STD, EL, GERN, GOOG, HCBK, IART, RIMM, SMP, TJX, TSCO, V, WNR)

Administrator — Fri, 08 Jul 2011 12:27:33 +0000

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning.

Apple Inc. (NASDAQ: AAPL) Reiterated Buy and raised target to $500 at Canaccord Genuity.
Avon Products Inc. (NYSE: AVP) Started as Neutral with $30 target at Credit Suisse.
Banco Santander, S.A. (NYSE: STD) Cut to Underperform at Bernstein.
Estee Lauder Companies Inc. (NYSE: EL) Started as Neutral with $95 target at Credit Suisse.
Geron Corporation (NASDAQ: GERN) Started as Overweight at JPMorgan.
Google Inc. (NASDAQ: GOOG) Cut to Equal-weight at Morgan Stanley.
Hudson City Bancorp (NASDAQ: HCBK) Cut to Underperform as Bear of the Day at Zacks.
Integra LifeSciences Holdings Corporation (NASDAQ: IART) Started as Neutral at BofA/ML.
Research In Motion Ltd. (NASDAQ: RIMM) Maintained Hold and $35 target at Canaccord Genuity.
Standard Motor Products (NYSE: SMP) Maintained Outperform as Bull of the Day at Zacks.
The TJX Companies, Inc. (NYSE: TJX) Raised to Hold at Citigroup.
Tractor Supply Company (NASDAQ: TSCO) Reiterated Buy and raised target to $80 at BofA/ML.
Visa Inc. (NYSE: V) Reiterated Buy and raised target to $100 at Argus.
Western Refining Inc. (NYSE: WNR) Reiterated Buy as Value at Zacks.

You are invited to join our free daily email distribution list to hear more about analyst upgrades and downgrades, top day trader and active trader alerts, dividend trends, news on Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

JON C. OGG

Filed under: Analyst Calls Tagged: AAPL, ACP, EL, GERN, GOOG, HCBK, IART, RIMM, SMP, STD, TJX, TSCO, V, WNR

Top Analyst Upgrades & Downgrades (ABT, ABAT, AMZN, BAC, GNOM, ELX, GCI, HAL, MJN, NAV, NLSN, TSCO, YRCW, HCA)

Administrator — Tue, 19 Apr 2011 12:27:27 +0000

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning.

Abbott Laboratories (NYSE: ABT) Maintained Hold but cut estimates at Argus.
Advanced Battery Technologies, Inc. (NASDAQ: ABAT) Cut to Market Perform at Rodman & Renshaw.
Amazon.com inc. (NASDAQ: AMZN) Maintained Neutral at Credit Suisse.
Bank of America Corporation (NYSE: BAC) Reiterated Hold at Argus.
Complete Genomics, Inc. (NASDAQ: GNOM) Cut to Neutral at UBS.
Emulex Corporation (NYSE: ELX) Raised to Hold at S&P Equity Research (late-Monday).
Gannett Co. Inc. (NYSE: GCI) Maintained Hold but cut 2011 targets and raised 2012 targets at Argus.
Halliburton Company (NYSE: HAL) Reiterated Buy and Raised estimates at Jefferies.
Mead Johnson Nutrition Company (NYSE: MJN) Raised to Outperform at Credit Suisse.
Navistar International Corp. (NYSE: NAV) Raised to Neutral at JPMorgan.
Nielsen Holdings B.V. (NYSE: NLSN) Started as Outperform at Credit Suisse.
Tractor Supply Co. (NASDAQ: TSCO) kept as Outperform as Bull of the Day at Zacks.
YRC Worldwide Inc. (NASDAQ: YRCW) Cut to Underperform as Bear of the Day at Zacks.

HCA Holdings Inc. (NYSE: HCA) has come off its so-called quiet period and analysts have initiated their coverage on the stock: Started as Buy at Goldman Sachs; Started as Buy at Citigroup; Started as Outperform at Credit Suisse; Started as Outperform at RBC; Started as Buy at BofA/Ml; Started as Overweight at JPMorgan; Started as Overweight at Barclays.

You can join our free daily email distribution list to hear more about analyst upgrades and downgrades, top day trader and active trader alerts, dividend trends, news on Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

JON C. OGG

Filed under: Analyst Calls Tagged: ABAT, ABT, AMZN, BAC, ELX, GCI, GNOM, HAL, HCA, MJN, NAV, NLSN, TSCO, YRCW

Top Analyst Upgrades & Downgrades (ANF, APOL, BIIB, BX, ELNK, ELN, HAL, LVLT, LULU, MS, NYX, ONXX, R, TSCO, URBN)

Administrator — Tue, 12 Apr 2011 12:05:16 +0000

These are the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning.

Abercrombie & Fitch Co. (NYSE: ANF) Started as Overweight at Barclays; Cut to Hold at Argus.
Apollo Group Inc. (NASDAQ: APOL) Reiterated Buy at Argus.
Biogen Idec Inc. (NASDAQ: BIIB) Raised to Buy at BofA/ML.
The Blackstone Group L.P. (NYSE: BX) Started as Outperform at JMP.
EarthLink Inc. (NASDAQ: ELNK) Raised to Buy at S&P Equity Research (late-Monday call).
Elan Corp. plc (NYSE: ELN) Cut to Neutral at UBS.
Halliburton Company (NYSE: HAL) Reiterated Buy and Raised target to $56 at Argus.
Level 3 Communications Inc. (NASDAQ: LVLT) Raised to neutral at UBS.
Lululemon Athletica Inc. (NASDAQ: LULU) Started as Underweight at Barclays.
Morgan Stanley (NYSE: MS) named as Bear of the Day at Zacks.
NYSE Euronext Inc. (NYSE: NYX) Maintained Buy at Argus.
Onyx Pharmaceuticals Inc. (NASDAQ: ONXX) Started as Buy at Roth Capital.
Ryder System, Inc. (NYSE: R) Started as Outperform at Wells Fargo.
Tractor Supply Co. (NASDAQ: TSCO) maintained Outperform as Bull of the Day at Zacks.
Urban Outfitters Inc. (NASDAQ: URBN) Started as Overweight at Barclays.

JON C. OGG

Filed under: Analyst Calls Tagged: ANF, APOL, BIIB, BX, ELN, ELNK, HAL, LULU, LVLT, MS, NYX, ONXX, R, TSCO, URBN

Top Analyst Upgrades & Downgrades (ALEX, BIDU, CNP, DPM, FSYS, GS, LVS, MS, MOS, RHT, SRE, SFG, STRI, TSCO, URBN, WFMI)

Administrator — Fri, 01 Apr 2011 12:27:52 +0000

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning.

Alexander & Baldwin (NASDAQ: ALEX) Raised to Market Perform at Wells Fargo.
Baidu Inc. (NASDAQ: BIDU) Cut to Neutral at Mizuho (overseas).
CenterPoint Energy Inc. (NYSE: CNP) Reiterated Buy with $20 target at Argus.
DCP Midstream Partners, LP (NYSE: DPM) Started as Outperform and $45 target at Credit Suisse.
Fuel Systems Solutions, Inc. (NASDAQ: FSYS) Reiterated Underperform at BofA/ML.
Goldman Sachs Group Inc. (NYSE: GS) lowered estimates but maintained $190 price target by Credit Suisse.
Las Vegas Sands Corp. (NYSE: LVS) Raised to Buy at Stifel Nicolaus.
Morgan Stanley (NYSE: MS) Added to Focus List at Credit Suisse.
Mosaic Co. (NYSE: MOS) Cut to Sector Perform at Scotia.
Red Hat Inc. (NYSE: RHT) Reiterated Buy and target raised to $57 at BofA/ML.
Sempra Energy (NYSE: SRE) Reiterated Buy with $61 target at Argus.
StanCorp Financial (NYSE: SFG) Cut to Underperform as Bear of the Day at Zacks.
STR Holdings, Inc. (NASDAQ: STRI) Cut to Sell at Auriga.
Tractor Supply Company (NASDAQ: TSCO) Reiterated Buy and raised target to $65 at BofA/ML.
Urban Outfitters Inc. (NASDAQ: URBN) Maintained Buy with $40 target at BofA/ML.
Whole Foods Market, Inc. (NASDAQ: WFMI) Reiterated Outperform as Bull of the Day at Zacks.

JON C. OGG

Filed under: Analyst Calls Tagged: ALEX, BIDU, CNP, DPM, FSYS, GS, LVS, MOS, MS, RHT, SFG, SRE, STRI, TSCO, URBN, WFMI