Specialty retailer PetSmart announced on Sunday that it has entered into a definitive agreement to be acquired by BC Partners.
PetSmart gets boost from earnings beat and private equity buyout speculation.
The latest 13F filing for Jana Partners showed that its stock holdings had risen to about $19.31 billion.
These six high-profile downgrades also had some controversy around them because the analysts stuck their necks out and could look pretty silly if the investment thesis turned out to be wrong.
PetSmart is not going to be taken private, or so the analyst team at Bank of America Merrill Lynch believes.
These companies have cut their effective tax rates the most and boosted their net income at the same time.
Source: ThinkstockPetSmart Inc. (NASDAQ: PETM) has been all over the place, and it appears that the stock will remain all over the place going into earnings. Word has surfaced, what we would argue is...
In a recent research report, UBS specifically mentions six companies that it advises investors not to use an option strategy on, as they expect near-term catalysts to drive the stocks higher.
These are the top analyst upgrades, downgrades and initiations from Wall Street firms on Thursday, July 17, 2014. They include AIG, Intel, eBay, EOG Resources, PetSmart and Time Warner.
PetSmart may be trading more on outside forces than it is off of fundamentals. That is the take of Bank of America Merrill Lynch at any rate.
Source: ThinkstockMorgan Stanley has restarted its coverage of the retail sector, with a very mixed fanfare among the key retailers in America. What is interesting is how some of the stocks were...
These are this Tuesday's top Wall Street analyst upgrades, downgrades and initiations. They include Best Buy, Costco, PetSmart and Target.
These are the top Wall Street analyst upgrades, downgrades and initiations seen on Friday, May 23, 2014. They include Aflac, FireEye, Rite Aid, Northern Trust, PetSmart and State Street.
Source: Wikimedia CommonsOften the simplest and most subtle changes can turn an industry upside down. A recent change by the Federal Trade Commission (FTC) in its language significantly broadens the...
These are the top analyst upgrades, downgrades and initiations from Wall Street on Tuesday, April 15, 2014. They include Citigroup, Equinix, IBM, Visa, Yahoo and Walmart.