Petsmart, Inc. (PETM) Tops Q1 EPS by 3c; Adjusts FY14 Outlook

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PetSmart (PETM) PT Lowered at Goldman Sachs

May 22, 2014 8:54 AM EDT

Goldman Sachs maintained a Neutral rating on PetSmart (NASDAQ: PETM) and lowered its price target to $62.00 (from $71.00).

Analyst Matthew J. Fassler said, "PETMs 1Q14 results showed ongoing erosion in its quality of earnings, and managements... More

PetSmart (PETM) Sell Rating Reiterated at Deutsche Bank; Analyst Says Thesis Playing Out

May 21, 2014 9:36 AM EDT

Deutsche Bank maintained a Sell rating on PetSmart (NASDAQ: PETM) with a price target of $60. Analyst Mike Baker believes Q1 results show his bearish thesis is playing out. His sell rating is based on increased internet competition, less growth from premium foods, and lack... More