UPDATE: Petsmart, Inc. (PETM) Tops Q4 EPS by 3c; Guides Q1, FY13
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UBS is Still a Buyer of PetSmart (PETM) Despite Lackluster Results
March 7, 2013 1:03 PM ESTPetSmart (NASDAQ: PETM) is down about 7 percent today following weaker-than-expected Q4 results and outlook after the close. Analysts at UBS, however, are still buyers of the stock.
The firm said the fourth quarter showed the story is unchanged, but not immune from... More
Deutsche Bank Cuts PT on PetSmart (PETM), Notes Slowing Comps
March 7, 2013 10:41 AM ESTDeutsche Bank today maintained a Hold rating on PetSmart (NASDAQ: PETM) and lowered its price target to $64.00 (from $69.00).
"PETM's comps of 4.6% this quarter is undoubtedly very strong and would be the envy of many retailers. But, it is down from 210 bps... More
Jefferies Lowers Numbers on on PetSmart (PETM)
March 7, 2013 7:58 AM ESTJefferies lowered estimates and its price target on PetSmart (NASDAQ: PETM) from $71 to $66 following Q4 results and weak guidance.
The analyst comments, "Traffic was a little light of expectations, but Sandy hurt and PETM saw a slowdown late quarter, similar to other... More
Piper Jaffray Downgrades PetSmart (PETM) to Neutral
March 7, 2013 6:56 AM ESTPiper Jaffray downgraded PetSmart (NASDAQ: PETM) from Overweight to Neutral with a price target of $68.00 (from $82.00).
For an analyst ratings summary and ratings history on PetSmart click here. For more ratings news on PetSmart click here.
Shares of PetSmart closed at $66.55 yesterday, with a 52 week range of $54.20-$72.75.... More
