Close

BofA/Merrill Lynch Moves to 'No Rating' on Petsmart (PETM) Amid Activist Activity

July 8, 2014 7:08 AM EDT
Get Alerts PTEM Hot Sheet
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
Join SI Premium – FREE

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.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Analyst Comments

Related Entities

JANA Partners LLC, Barry Rosenstein