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A collection of so-called momentum misers are already seeing their 2024 earnings estimates revised downward and the stocks have few reasons that could drive them higher, according to Julian Emanuel, Evercore ISI managing director and head of equity, derivatives and quantitative strategy. Lowe's first-quarter results are due out on May 21, but 2024 earnings estimates have fallen 4.7% year to date, according to Evercore. LOW YTD mountain Lowe's stock. MicroStrategy also made the Evercore list. Still, its 2024 earnings estimates have been revised down by more than 116% since the year began.
Persons: Julian Emanuel, Emanuel, Russell, Lowe's, Morgan Stanley, Simeon Gutman, Gutman, MicroStrategy Organizations: ISI, Coterra Energy, Citigroup
Charlie Sheen, Hulk Hogan, Lindsay Lohan, and Tila Tequila were all name-dropped. Charlie Sheen, Hulk Hogan, Lindsay Lohan, Floyd Mayweather, Tila Tequila — all were name-dropped in morning testimony. Bove asked. Bove asked Davidson. Advertisement"I've represented several clients who had claims against Charlie Sheen," Davidson answered carefully.
Persons: Stormy Daniels, Keith Davidson, Charlie Sheen, Hulk Hogan, Lindsay Lohan, Tila Tequila, , Donald Trump's, Floyd Mayweather, Playboy Bunny Karen McDougal, Trump, Daniels, Davidson, Emil Bove, Donald Trump, Jane Rosenberg Bove, You've, Bove, you've, shakedowns, McDougal, lister, Hogan, Kevin Winter, Terry Bollea, Bollea, Hulk, Amy Sussman, Lindsay Lohan Davidson, Betty Ford, Lohan, Valerie Macon, Kevin Blatt, Tequila, Charlie Sheen's, Jamie McCarthy, Sheen, Blatt, I've, Anderson, Heidi Gutman, Capri Anderson, I'm Organizations: Service, National Enquirer, Manhattan, Enquirer, Trump, Reuters, Hulk Hogan's, TMZ, Morning America Locations: Manhattan, Sheen, Capri, Anderson
Now, over 15 years after "The Millionaire Matchmaker" first premiered, Stanger is back on reality TV with "Patti Stanger: The Matchmaker," an unscripted CW series where she's teamed up with former "Bachelor" star Nick Viall to help singles find love. I feel like that's a little bit controversial…Then don't date. Do ultrawealthy people all look for the same thing in a partner when they're dating with the intention to marry? Evans Vestal Ward/NBCU Photo Bank/NBCUniversal via Getty ImagesWhat are some of the biggest mistakes you see ultrawealthy people make when they're dating? "Patti Stanger: The Matchmaker" airs Thursdays at 8 p.m.
Persons: , Patti Stanger, Stanger, she's, Nick Viall, Sydney Sweeney, Margot Robbie, Kim Kardashian, Congrats, — he's, I've, Marisa Peer, She's, Vicki Gunvalson, Vicki, Steve, It's, Reza Farahan, You've, I'm, Paul Giamatti, it's, there's, he's, they're, Emily Ratajkowski —, I'd, It's Margot Robbie, Kate Beckinsale, Heidi Gutman, they'll, Evans Vestal Ward, you've, quirkiness, haven't, Jennifer Aniston, Reese Witherspoon Organizations: Service, Club, Business, CW, Getty, they're Locations: Olive, New York, New Jersey, LA
Trian claims Disney's board has failed to generate sufficient returns in recent years as subscription streaming losses have mounted and traditional TV subscribers have declined. Early vote countBoth Disney and Trian received support from influential shareholders ahead of Wednesday's meeting. Roughly one-third of Disney's shareholders are retail shareholders, who historically vote in small numbers in annual meetings. The arrangement still raised questions about ValueAct's support for the company and whether Disney's board should have disclosed the prior relationship. WATCH: Disney board battle reaches final moments
Persons: Bob Iger, Mickey Mouse, Valerie Macon, Nelson Peltz, Jay Rasulo, They've, Maria Elena Lagomasino, Michael Froman, Peltz, Ike Perlmutter, Trian, Disney's, Iger, Bob Chapek, Patrick T, Adam Jeffery, Morgan Stanley, James Gorman, CNBC's, George Lucas, Laurene Powell Jobs, Lucas, Powell Jobs, Ken Squire, Rowe Price, Rowe, Mason Morfit's, ValueAct, Neuberger Berman, John Ferguson, Rasulo —, Glass Lewis, Iger's, Gorman, Jeremy Darroch, CNBC's Andrew Ross Sorkin, Heidi Gutman, Lagomasino, shouldn't, Blackwells, Rasulo, Jason Aintabi, John Foley, Jessica Schnell, Craig Hatkoff, Leah Solivan, ValueAct hasn't Organizations: AFP, Getty Images Disney, Voters, Trian Partners, Disney, PepsiCo, Marvel, SEC, Fallon, Bloomberg, Getty, CNBC Disney, CNBC, Star Wars, LucasArts, Pixar, BlackRock, Institutional, California Public Employees, Yacktman Asset Management, Saratoga Proxy, ISS, Sky, Trian Fund Management, NBCU, Bank, NBCUniversal, Green, Comcast Locations: Los Angeles, New York
CNN —The Supreme Court on Tuesday will hear its first abortion case since the 2022 reversal of Roe v. Wade and upheaval of reproductive rights in America. All the while, public regard for the Supreme Court has degenerated. Supreme Court Justice Stephen Breyer is photographed at his home in Cambridge, Massachusetts, in September 2015. Dirck Halstead/The LIFE Images Collection/Getty Images Breyer and his daughter Chloe jog with Clinton in May 1994. Mai/The LIFE Images Collection/Getty Images Breyer works in his office with his staff of clerks in June 2002.
Persons: Roe, Wade, Joe Biden, Donald Trump, Dobbs, Biden, Elizabeth Prelogar, mifepristone, Prelogar, what’s, , Susan B, Anthony Pro, , Evelyn Hockstein, Breyer, Stephen Breyer, Justice Ketanji Brown Jackson, Samuel Alito, Hodges, Trump, , ” Breyer, Damon Winter, Stephen, Irving, Anne, Charles ., Chloe, Nell, Michael —, Joanna Breyer, Ira Wyman, Sygma, Byron White, Ruth Bader Ginsburg, John Harrington, Joanna, John Tlumacki, Bill Clinton, Clinton, Harry Blackmun, Dirck Halstead, Doug Mills, US Sen, Ted Kennedy, Laura Patterson, John Blanding, Colin Powell, George W, Bush, Mai, David Hume Kennerly, Seuss, Evan Vucci, Charles, Marcio Jose Sanchez, William Rehnquist, Clarence Thomas, David Souter, William Kennedy, Antonin Scalia, Sandra Day O'Connor, John Paul Stevens, Chip Somodevilla, John Roberts, Pablo Martinez Monsivais, Samuel Alito's, Gerald Herbert, Cole Mitguard, Mourning, Penni Gladstone, Clara Scholl, Elise Amendola, Nicholas Kamm, Michelle Obama, Barack Obama, Alex Wong, ABC's George Stephanopoulos, Heidi Gutman, Andrew Harrer, Hu Jintao, Eli, Shutterstock Breyer, Britain's Prince Charles, Mandel Ngan, Tom Williams, Carolyn Kaster, Ben Bradlee, Bill O'Leary, Pete Marovich, Stephen Colbert, Jeffrey R, Win McNamee, Elena Kagan, Neil Gorsuch, Anthony Kennedy, Sonia Sotomayor, Maureen Scalia, Andrew Harnik, Brett Kavanaugh, Amy Coney Barrett, Erin Schaff, Abraham Lincoln, George Washington, Saul Loeb, Ketanji Brown Jackson, Patrick, Fred Schilling, Matthew Kacsmaryk, Erin Hawley, GYN, Organizations: CNN, Alabama Supreme, Republican, Food, Drug Administration, FDA, Jackson, Health Organization, District of Columbia, America, United States Conference of Catholic Bishops, Alamo Women's, Reuters, Supreme Court, Democratic, Supreme, New York Times, Harvard Law School, Appeals, First Circuit, Circuit, Getty, White House, Airport, Boston Globe, US, Suffolk University Law School, Francisco's Lowell High School, San Francisco Chronicle, Belgium's Catholic University of Louvain, Georgetown University Law Center, Administrative, Administrative Conference of, Jewish American Heritage Month, Walt Disney Television, Bloomberg, White, Office, Committee, Washington Nationals, Washington Post, Financial Services, General Government, CBS, State, The New York Times, Library of Congress, Alliance, Hippocratic, Alliance for Hippocratic, OB, Department, Justice Locations: America, New York, Carbondale , Illinois, Cambridge , Massachusetts, Maine , Massachusetts, New Hampshire, Puerto Rico, Rhode Island, AFP, San Francisco, Lowell, Washington , DC, United States
In collecting this data, the firm saw a deterioration in the Dollar General brand last year. As of Monday's close, Dollar General's stock is up more than 57% from a 52-week low of $101.09 reached in mid-October. Their research found that consumers felt the cleanliness of Dollar General's stores, a top five driver of satisfaction, lagged key peers Dollar Tree and Family Dollar, and fell 2% further in February. Until November, shoppers rated Family Dollar and Dollar General's product offerings more or less on a par with each other. In addition to Dollar General's own challenges, all dollar stores are likely being hurt by weaker spending among low income consumers.
Persons: Vasos, what's, Todd Vasos, Jeff Owen, Gordon Haskett, Chuck Grom, Grom, bode, Piper Sandler, Peter Keith, Keith, Morgan Stanley, Simeon Gutman, Gutman, Michael Lasser, Lasser, Matthew Boss, — CNBC's Michael Bloom Organizations: Dollar, DG, Occupational Safety, Health Administration, SNAP, UBS, JPMorgan
Ron Gutman, a tech entrepreneur, shared his 'stoke, stage, stack' framework to make habits last. Gutman runs 365 days a year, even when it's snowing because he's always prepared for the environment. One tech entrepreneur shared his "stoke, stage, stack" framework that turns goals into long-lasting habits. "I run every morning, no fail, 365 days a year," Gutman said adding that he runs on the beach or in the park. If I didn't have the proper running shoes, I would very quickly hurt myself.
Persons: Ron Gutman, Gutman, he's, , You'll, " Gutman, it's, James Clear's, BJ Fogg's, BJ Fogg Organizations: Service, Stanford University Locations: stoke
Many Americans are dreading a Trump-Biden rematch, but no one feels the anguish quite like a Nikki Haley voter. And I think Donald Trump is horrible.”With Ms. Haley expected to end her 2024 campaign, a crucial new equation is emerging in the electoral math: Where will her voters — and voters like them in key battlegrounds across the country — go in a general election contest between Mr. Trump and President Biden? “The million-dollar question is, will they vote, will they sit it out — or will they vote for Joe Biden?” former Gov. Jim Hodges, a South Carolina Democrat, said of Ms. Haley’s centrist supporters in the state. “A moderate Republican voter in Charleston is not all that different than a moderate Republican voter in the Milwaukee suburbs.”
Persons: Nikki Haley, , Patti Gramling, “ Biden, Donald Trump, Haley, Trump, Biden, Joe Biden, Jim Hodges Organizations: Trump, Biden, South Carolina Republican, South, South Carolina Democrat Locations: Charleston, S.C, South Carolina, Milwaukee
"I was still living below my means and then investing that larger proportional difference," she said. Those raises helped Tu invest and grow her wealth more quickly. Why both saving and investing are criticalTu's mindset shift is one other women can learn from. Lifelong saving and investing are both critical for women, according to Boston-based certified financial planner Catherine Valega, founder of Green Bee Advisory. Leaving the workforce reduces earnings and the chance to save and invest for retirement, Valega said.
Persons: Vivian Tu, Heidi Gutman, Tu, Catherine Valega, Valega Organizations: Green Bee, Federal Reserve Bank of Minneapolis Locations: Boston
There are three main routes through which retailers like Walmart benefit from advertising, Tarlowe said. The focus in retail advertising once transitioned from in-store to retailer websites with the e-commerce boom, Gutman said. Walmart: The pack leader With the deal, Walmart appears ahead of the retail pack, Gutman said. Connected TV is also just one part of a broader tide-change that's bolstering optimism on the stock, analysts told CNBC Pro. Other retail ideas Beyond Walmart, analysts said retailers need size and scale to perform well within off-site advertising.
Persons: Jefferies, Corey Tarlowe, Tarlowe, Morgan Stanley, Matt, Simeon Gutman, Gutman, it's, Roku, FactSet, Warren Buffett, Franklin Templeton, Dan Niles Organizations: Walmart, Intelligence, Retailers, Albertsons, CNBC, P Retail, Costco, Target, FactSet, TGT, Nvidia, & & , & & () Locations: Arkansas, Vizio
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTarget's initiatives will bring the company growth, says Morgan Stanley's Simeon GutmanSimeon Gutman, Morgan Stanley U.S. retail analyst, joins 'Money Movers' to discuss whether Target's initiative will bring the company to growth, how Target's stock looks to the retail analyst, and more.
Persons: Morgan Stanley's Simeon Gutman Simeon Gutman, Morgan Stanley Organizations: Morgan Stanley U.S
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA serial tech entrepreneur recalled some words of wisdom that Steve Jobs shared with him that have helped him face challenges over his career and kept him moving forward. Gutman, who has headed numerous companies during his career, told Business Insider that Steve Jobs gave a commencement speech when he graduated from Stanford in 2005. Jobs said it led to a creative period in his life during which he founded two companies and fell in love. Frame challenges as adventuresGutman explained that if you're not passionate about the work you're doing or are solely motivated by money, you're more likely to give it up for something else.
Persons: , Steve Jobs, Ron Gutman, Gutman, Steve, Jobs, Steve Wozniak, Apple, I'm, You've, We're Organizations: Service, Stanford University, Business, Stanford, Apple
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFood inflation is causing 'cutbacks across the board', says Morgan Stanley's Simeon GutmanSimeon Gutman, Morgan Stanley U.S. retail analyst, joins 'Squawk Box' to discuss the state of food inflation, the impact on consumers and retailers, and more.
Persons: Morgan Stanley's Simeon Gutman Simeon Gutman, Morgan Stanley Organizations: Morgan Stanley U.S
If Trump Drives Haley From the Race, What Will Her Voters Do in November? Her supporters tend to be moderate and college educated — precisely the type of voters who have helped decide recent presidential races. And I think Donald Trump is horrible.”Ms. Haley, the former governor of South Carolina, is learning the limits of relying on moderate, college-educated and Trump-skeptical voters in today’s Republican Party. Former President Donald J. Trump is widely expected to defeat her, perhaps by a large margin, in her home-state primary on Saturday. She has vowed to press on, but a crucial new equation is emerging in 2024’s electoral math: Where would her voters — and voters like them in key battlegrounds across the country — go in a general election contest between Mr. Trump and President Biden?
Persons: Haley, , Katie Glueck, Nikki Haley, , Patti Gramling, “ Biden, Donald Trump, Ms, Donald J, Trump, Biden Organizations: Trump, Biden, today’s Republican Party Locations: Charleston, S.C, South Carolina
AdvertisementThe drama playing out within the upper ranks of Goldman Sachs is continuing to unfold, and CEO David Solomon's troubles with senior partners don't appear to be over yet. (Garcia's co-head of European investment banking, Anthony Gutman, is also said to have been named to the committee.) Bloomberg reported this week that Beth Hammack — a longtime Goldman partner, co-head of the global financial group, member of the management committee, and former CEO of Goldman Sachs Bank USA — is set to step down. And when Esposito broke the news last month of his imminent departure in a note to partners and clients, he wrote, wistfully, that he planned to "bleed Goldman Sachs forever." Are you a Goldman Sachs or Wall Street insider?
Persons: Goldman Sachs, David Solomon's, who's, Mark Sorrell, Gonzalo Garcia, Joshua Franklin, Arash Massoudi, Kim Posnett, Sorrell —, Sir Martin Sorrell, Stephan Feldgoise, Anthony Gutman, Sorrell, Gutman, Garcia, Goldman, Alison Mass, George Lee, Jim Esposito —, , Solomon, Adebayo, Beth Hammack —, Esposito, wistfully, Reed Alexander Organizations: Financial, IB, Reading, Goldman, Bloomberg, Goldman Sachs Bank Locations: Miami
In 2023, her first full year of embracing the status of "influencer," Frankel earned $3.2 million in endorsement deals, according to documents reviewed by BI. Bethenny Frankel, the "accidental influencer"Despite her path to that success through reality TV, she calls herself an "accidental influencer." Photo by Heidi GutmanFrankel's path from reality TV to Skinnygirl to actingFor the unfamiliar, Frankel wasn't just in reality TV — she made Housewives history when she founded Skinnygirl Cocktails and then sold it in 2011. The deal was big enough to prompt networks to include so-called "Bethenny Clauses" in reality TV contracts, which require reality stars to give the networks a cut of businesses promoted on air. "I left reality TV and honestly thought the faucet would turn off because that's what happens, and I was fine with that," she said.
Persons: , Bethenny Frankel, Thomas, Frankel, Fred Flinstone, — Frankel, she's, She's, Dunkin, TikTok, CoverGirl, Frankel doesn't, Heidi Gutman, Frankel wasn't, Frankel haven't, Lady Gaga, Addison Rae, that's Organizations: Service, Business, Housewives, New, Bravo, BI, Brands, L'Oreal, YouTube, SEC Locations: New York, TikTok
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCostco's position in e-commerce will change, says Morgan Stanley's Simeon GutmanSimeon Gutman, Morgan Stanley analyst, joins 'The Exchange' to discuss Amazon and Walmart's performance in e-commerce, other competitors in the retail space and more.
Persons: Morgan Stanley's Simeon Gutman Simeon Gutman, Morgan Stanley
Analysts on Wall Street think Five Below is the retail stock investors should be buying as the holiday shopping season picks up steam. The report underpins a broader bullish trend for the retailer, analysts say, which is a more cost-sensitive consumer who is partial toward bargain hunting. Analyst Jason Haas noted the popularity of Five Below could improve further as shoppers gear up for the Christmas holiday. FIVE becomes most needs-based during the holiday season and the rollout of Five Beyond (products $6-25) better positions it in the gift-giving category." "All in, we think FIVE is well positioned to outperform in the current environment and will gain share behind several catalysts (e.g.
Persons: Jason Haas, Haas, Krisztina Katai, Katai, Morgan Stanley's Simeon Gutman, Gutman, — CNBC's Michael Bloom Organizations: LSEG, Bank of America, Deutsche Bank
NEW YORK (AP) — A former Penthouse magazine model sued Guns N’ Roses singer Axl Rose on Wednesday, saying he raped her in a 1989 attack at a New York City hotel that left her with anxiety and depression and harmed her career. Attorney Alan S. Gutman said in a statement on behalf of Rose: “Simply put, this incident never happened. According to the lawsuit, Kennedy saw Rose have sex with another model before he became angry with the woman, ordering her out of his suite. “Rose made no attempt to ask for or check that Kennedy was consenting,” the lawsuit said. The Associated Press does not typically name people who say they have been sexually abused unless they come forward publicly, as Kennedy has done.
Persons: , Axl Rose, Sheila Kennedy, Rose, Alan S, Gutman, , Kennedy, pantyhose, “ Rose Organizations: Penthouse, Court, New York, Plaintiff, Associated Press Locations: New York City, Manhattan, Malibu , California, New York, New York State, Palm Springs , California
In a statement, Alan S. Gutman, a lawyer for Mr. Rose, said: “Simply put, this incident never happened.” He added: “Though he doesn’t deny the possibility of a fan photo taken in passing, Mr. Rose has no recollection of ever meeting or speaking to the Plaintiff, and has never heard about these fictional allegations prior to today.”In her suit, Ms. Kennedy says she met Mr. Rose in early 1989, when she went to a New York nightclub with a friend who was a fan of Guns N’ Roses. The band was at perhaps the peak of its fame — and its members relished their reputations as hard-partying bad boys — but Ms. Kennedy says in her suit that at the time she did not know who Mr. Rose was. According to Ms. Kennedy’s complaint, Mr. Rose invited her and another woman to a party at his suite in a hotel on Central Park West, where he offered them cocaine and alcohol. According to the complaint, the party “was in full swing” until Mr. Rose called for everyone to leave except Ms. Kennedy, the other woman and a man. According to the complaint, Mr. Rose began having sex with the other woman, in an “aggressive” way that Ms. Kennedy says in the suit “appeared painful” for the woman.
Persons: Alan S, Gutman, Rose, , , Kennedy, Ms, Kennedy’s Organizations: Plaintiff, Park West Locations: New York
Nighttime aerial footage of a mass protest in Tel Aviv in March 2023 is woven into a montage video about demonstrations in response to the Israel-Hamas war in October 2023, misrepresenting the scale of protests in the Israeli city. The first part of the montage (0:00 - 0:12) showing aerial footage of protestors crowding roads is from March 11, 2023 and originally part of a video report by The Telegraph. The YouTube video description says the video shows news reporter Matt Gutman among “dozens of protestors who are demanding Israel do more to find hostages.”There is no evidence of recent mass protests in Tel Aviv involving thousands of people. Local media reported on demonstrations in which “hundreds” demanded the release of abductees held by Hamas. A video montage showing public reaction in Tel Aviv amid the Israel-Hamas war misrepresents the size of protests in October 2023 by including months-old footage of a different mass protest in the city.
Persons: , Matt Gutman, abductees, Benjamin Netanyahu, Read Organizations: Facebook, The Telegraph, ” Reuters, ABC, Hamas, Reuters, Thomson Locations: Tel Aviv, Israel
Costco president and COO Ron Vachris will take over as CEO from Craig Jelinek on January 1. The 40-year employee started as a forklift driver at Costco's predecessor, Price Club. AdvertisementAdvertisementWhen Ron Vachris steps into his new role as CEO for wholesale club Costco, he will have worn more hats for the company than probably anyone alive. "If Vachris is appointed CEO, he would be the third CEO in Costco's history." When Price Club and Costco merged in 1993 (Costco co-founder Jim Sinegal was a protégé of Price), Vachris was tasked with overseeing the company's expansion back in Arizona.
Persons: Ron Vachris, Craig Jelinek, , Vachris, Morgan Stanley, Simeon Gutman, Jelinek, Sol Price, Jim Sinegal, — Jelinek, Doug McMillon, Brian Cornell Organizations: Costco, Price, Service, Company, Price Club, SEC, Walmart Locations: Arizona, Colorado, Price
How GLP-1 drugs work Sorting through the facts reveals some likely winners and losers. LLY YTD mountain Eli Lilly shares year to date performance It is still early days for GLP-1 medications. Many have seen the rise of GLP-1 drugs as a threat to the medical device industry. Also, not all patients are able to tolerate GLP-1 drugs, which can cause side effects such as nausea. Among other medtech stocks, Plovanic sees GLP-1 drugs as an "incremental positive" for Dexcom, which makes continuous glucose monitors (CGMs), but an "incremental negative" for insulin pump makers like Insulet.
Persons: Insulet, Medtronic, Dexcom, BAX, NASH, Eli Lilly, Peter Verdult, Lilly, Eli Lilly aren't, Piper Sandler, Wegovy, Yasmeen Rahimi, Robbie Marcus, Marcus, hasn't, Baxter, David Low doesn't, William Plovanic, Craig Wong, Pan, Plovanic, Matt O'Brien, O'Brien, Rippling, Simeon Gutman, Morgan Stanley, Gutman, — CNBC's Michael Bloom Organizations: Novo Nordisk, Baxter International, Baxter, GLP, Citi, Novo, Bank of America, Viking Therapeutics, Pharmaceuticals, Pfizer, Amgen, Companies, Fisher, Reuters, Inspire, Systems, JPMorgan, RBC Capital, Walmart, underperformance Locations: GLP, U.S, DaVita, ResMed
An Israeli woman who fled Hamas' attack said she doesn't know if she has somewhere to return to. Danielle Biton, who lives on Kibbutz Karmita near the Gaza Strip in Israel, fled her home on the kibbutz on Saturday after Hamas began its deadly attack against Israel over the weekend. Biton described hearing Iron Dome bomb sirens starting around 5:00 a.m. that lasted about an hour. But Biton said she and her friend decided to go back to their kibbutz to try to rescue his parents. AdvertisementAdvertisementShe said they took "whatever we had in our home because we didn't know — we still don't know — if we will have somewhere to go back to."
Persons: Danielle Biton, , Natasha Raquel Kirtchuk Gutman, Biton, Kirtchuk Gutman, Nobody, wouldn't Organizations: Service, Hamas, I24 Locations: Israeli, Hamas, Karmita, Gaza, Israel, IDF
Lasser also labeled Costco stock as "the gold standard." Bank of America's Robert Ohmes reiterated a buy rating on Costco stock, with a $610 per share price target. Morgan Stanley's Simeon Gutman, meanwhile, restated an overweight rating on Wednesday, accompanied by a $585 per share price target or roughly 6% upside. Goldman Sachs analyst Kate McShane kept a buy rating on Costco stock following Tuesday's quarterly results, but boosted her price target to $603 from $589. He remains neutral on Costco stock with a $530 target price, which is 4% lower than where shares recently closed.
Persons: Costco, Michael Lasser, Lasser, Bank of America's Robert Ohmes, Ohmes, Morgan Stanley's Simeon Gutman, Morgan Stanley, Gutman, Goldman Sachs, Kate McShane, McShane, JPMorgan's Christopher Horvers, Horvers, Citi's Paul Lejuez, Lejuez, — CNBC's Michael Bloom Organizations: Costco, LSEG, 4Q, UBS, Bank of America's Locations: U.S
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