UBS on Retail: Strong Start to Q3 - Eyeing September (GPS, ROST, TJX, LTD, ANN)
Tweet Send to a FriendGet Alerts TJX Hot Sheet
Price: $51.31 -0.08%
Rating Summary:
13 Buy, 9 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 10 | Down: 24 | New: 24
Rating Summary:
13 Buy, 9 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 10 | Down: 24 | New: 24
Trade TJX Now!
UBS on Retail: Strong Start to Q3 - Eyeing September
Analyst, Roxanne Meyer, said, "Our retailers all met or beat heightened August expectations, illustrating the consumer’s appetite for fashion newness and willingness to spend where product resonates. August mall traffic was down 1% (similar to June and July), and has been trending flat to negative for the last 8 months. We continue to remain selective and focus on stocks with the strongest product execution and ability to beat on comps and margins. Our top picks remain: TJX Cos (NYSE: TJX), Ross Stores (Nasdaq: ROST), Limited (NYSE: LTD), Ann Inc (NYSE: ANN)."
Raising estimates: GPS, ROST, TJX, Raising Price Targets: GPS (from $35 to $37), TJX (from $50 to $53)
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Analyst, Roxanne Meyer, said, "Our retailers all met or beat heightened August expectations, illustrating the consumer’s appetite for fashion newness and willingness to spend where product resonates. August mall traffic was down 1% (similar to June and July), and has been trending flat to negative for the last 8 months. We continue to remain selective and focus on stocks with the strongest product execution and ability to beat on comps and margins. Our top picks remain: TJX Cos (NYSE: TJX), Ross Stores (Nasdaq: ROST), Limited (NYSE: LTD), Ann Inc (NYSE: ANN)."
Raising estimates: GPS, ROST, TJX, Raising Price Targets: GPS (from $35 to $37), TJX (from $50 to $53)
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- UPDATE: UBS Downgrades Carnival (CCL) to Neutral; Worst May Not Be Behind
- Jefferies Raises Numbers on hhgregg (HGG), But Remains on Sidelines
- Goldman Sachs Maintains Sell on Microsoft (MSFT)
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS Change, Analyst EPS View, Analyst PT Change, Retail SalesRelated Entities
UBS
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
