Barclays initiated coverage on
with an Equal Weight rating and $30 price target. 2009 and 2010 EPS estimates set at $4.74 and $3.51, respectively.
Bed, Bath & Beyond
was started with an Overweight rating, Morgan Stanley said. $43 price target. Company is one of the few large-cap hardline retailers that's growing, and should have higher operating margins down the road.
was initiated with an Outperform rating, Oppenheimer said. $72 price target. Stock can trade back up toward its historical average valuation.
Bank of America/Merrill Lynch reinstated coverage on
with an Underperform rating and $7.50 price target. Expect lower capital intensity and customer declines.
was started with a Hold rating, Jefferies said. $45 price target. Company is positioned wll, but remains tied to discretionary home spending.
initiated at Deutsche Bank. Initiated with a Hold rating and $46 price target. Introduces fiscal 2010 EPS estimates of $2.35.
was initiated with a Buy rating, Jefferies said. $40 price target. Company has a strong market position and is attractively valued.
Bank of America/Merrill Lynch upgraded
to Buy from Neutral as shares offer a leveraged return on a global recovery. Price target raised by $2 to $65. 2009 EPS estimate lowered by a penny to $0.62, 2010 maintained at $1.50.
downgraded at JP Morgan. Rating lowered to Neutral from Overweight. Price target raised to $45 from $44. Maintains 2009 EPS estimates of $2.80.
was initiated with an Equal-weight rating, Morgan Stanley said. High rents and big-ticket merchandise could cause the company to lag its peers.
This article was written by a staff member of TheStreet.com.