BofA/Merrill Lynch Moves to 'No Rating' on Petsmart (PETM) Amid Activist Activity
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Price: $0.00 --0%
Rating Summary:
0 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 9 | Down: 16 | New: 15
Rating Summary:
0 Buy, 0 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 9 | Down: 16 | New: 15
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BofA/Merrill Lynch moves to 'No Rating' on Petsmart (NASDAQ: PETM) with JANA Partners disclosing a large stake and calling for a sale. Analyst Denise Chai said a combination with Petco or high service independent is possible. He said the stock is no longer trading on fundamentals.
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