What Is In a Name: SPDR S&P Homebuilders ETF Thursday, October 28, 7:58 AM ET, by Market News Video Staff The SPDR S&P Homebuilders ETF (XHB) seeks to closely match the returns and characteristics of ...
Williams-Sonoma Upgraded at ThinkEquity Wednesday, November 10, 12:50 PM ET, by Market News Video Staff Kitchen and home retailer Williams-Sonoma (WSM) was upgraded today by ThinkEquity, from hold to buy. ...
AWI Closes Facility, Declares Special Dividend Wednesday, November 24, 1:02 PM ET, by Market News Video Staff Armstrong World Industries (AWI) said today it closed on a $1.05 billion senior secured credit ...
Robert Baird on Home Retailers: Bed Bath & Beyond, Williams-Sonoma
By Market News Video Staff, Friday, November 12, 2:16 PM ET
Robert Baird initiated coverage today on Bed Bath & Beyond (NASDAQ:BBBY) and Williams-Sonoma (NYSE:WSM). The firm rate Bed Bath & Beyond neutral, with a $48 price target, calling it a best-of-breed retailer with margins that have likely hit their highs.
Robert Baird rated Williams-Sonoma outperform, with a $42 price target. It said the company has room to expand its margins.
Bed Bath & Beyond is trading down 2.3%, while Williams-Sonoma trades down 2.3% as well.
Bed Bath & Beyond and Williams-Sonoma are both in the SPDR S&P Homebuilders ETF (AMEX:XHB), with Williams-Sonoma making up 4.45% of the fund as the second-largest holding, and Bed Beth at 3.98% of the total. Other top stocks in the fund include Tempur Pedic (NYSE:TPX) and Pier 1 Imports (NYSE:PIR).
This Article's Word Cloud:AMEXBBBYBairdBathBethBeyondHomebuildersImportsNASDAQNYSEPedicPierRobertSPDRSonomaWilliamsbestbothbreedcompanydownexpandfirmfundhavehighsholdingincludeinitiatedlargestlikelymakingmarginsneutraloutperformpricerateretailerroomsaidsecondstockstargetthattheirtodaytradestradingwhilewith
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.