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Jefferies Remains Sidelined on Whole Foods Market (WFM) Following 2Q EPS Beat
May 5, 2016 8:37 AM EDTJefferies maintained a Hold rating and $31.00 price target on Whole Foods Market (NASDAQ: WFM) following the company's 2Q earnings report. WFM reported an EPS of $0.44, beating the Street's estimates of $0.41. SG&A came in better-thanexpected and helped offset weak comps and gross margins,... More
The Priceline Group (PCLN) PT Lowered to $1,260 at Evercore ISI Following Results, Weaker Outlook
May 4, 2016 1:05 PM EDTEvercore ISI analyst Ken Sena reiterated a Hold rating and lowered his price target on The Priceline Group (NASDAQ: PCLN) to $1,260.00 (from $1,320.00) following results and weak guidance today.
Sena commented,"Our Hold rating balances PCLN's scale and executional track-record against our concerns that many of its relied-upon marketing channels (e.g., Search / Meta) are moving further down the booking funnel while branded (and many independent) hotel customers are making a stronger push... More
