Baird Initiates Coverage on Several Retailers

June 3, 2009 7:52 AM EDT

Baird initiates coverage on Home Depot (NYSE: HD) (PT $28), Lowe's (NYSE: LOW), Target (NYSE: TGT) (PT $50) & Wal-Mart (NYSE: WMT) (PT $60) with an Outperform.

Baird initiates coverage on BJ's Wholesale (NYSE: BJ) (PT $40), Costco (Nasdaq: COST) (PT $53) & PetSmart (Nasdaq: PETM) (PT $22) with a Neutral.


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New Coverage

Stocks Mentioned

BJ 32.95

-0.26 -0.78%
Volume: 1,473,428
Track BJ

COST 59.19

+0.17 +0.29%
Volume: 4,936,873
Track COST

HD 28.08

+0.15 +0.54%
Volume: 16,845,444
Track HD

LOW 22.88

+0.40 +1.78%
Volume: 13,239,713
Track LOW

PETM 26.33

+0.38 +1.46%
Volume: 1,396,826
Track PETM

TGT 45.64

-0.71 -1.53%
Volume: 17,511,666
Track TGT

WMT 54.24

-0.20 -0.37%
Volume: 11,121,263
Track WMT


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