UBS is Still a Buyer of PetSmart (PETM) Despite Lackluster Results

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Deutsche Bank Cuts PT on PetSmart (PETM), Notes Slowing Comps

March 7, 2013 10:41 AM EST

Deutsche 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 EST

Jefferies 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 EST

Piper 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

UPDATE: Petsmart, Inc. (PETM) Tops Q4 EPS by 3c; Guides Q1, FY13

March 6, 2013 4:13 PM EST

(Updated - March 6, 2013 4:47 PM EST)

Petsmart, Inc. (Nasdaq: PETM) reported Q4 EPS of $1.24, $0.03 better than the analyst estimate of $1.21. Revenue for the quarter came in at $1.88 billion versus the consensus estimate of $1.89 billion.

Comparable store sales, or sales... More