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☆ Target's initiatives will bring the company growth, says Morgan Stanley's Simeon Gutman
▼ + stars: | 2024-03-05 | by ( ) www.cnbc.com time to read: 1 min

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

☆ Retailers turn to an unlikely source to boost profits. Walmart shows how powerful this lever could be
▼ + stars: | 2024-03-05 | by ( Alex Harring | ) www.cnbc.com time to read: +9 min

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

☆ A tech entrepreneur shared the advice Steve Jobs once gave him that's helped him find success and happiness in his career
▼ + stars: | 2024-03-02 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

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

☆ Food inflation is causing 'cutbacks across the board', says Morgan Stanley's Simeon Gutman
▼ + stars: | 2024-03-01 | by ( ) www.cnbc.com time to read: 1 min

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

☆ Inside the latest drama at Goldman Sachs that reportedly has some partners up in arms
▼ + stars: | 2024-02-22 | by ( Reed Alexander | ) www.businessinsider.com time to read: +4 min

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

☆ How Bethenny Frankel grew her influencer business to $3.2 million a year after leaving reality TV behind
▼ + stars: | 2024-02-17 | by ( Madeline Berg | ) www.businessinsider.com time to read: +7 min

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

☆ Costco's position in e-commerce will change, says Morgan Stanley's Simeon Gutman
▼ + stars: | 2023-12-04 | by ( ) www.cnbc.com time to read: 1 min

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 increasingly believe this retailer is the top holiday pick
▼ + stars: | 2023-11-30 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

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

☆ Former Model Sues Axl Rose, Accusing Him of 1989 Rape
▼ + stars: | 2023-11-22 | by ( Ben Sisario | More About Ben Sisario | ) www.nytimes.com time to read: +1 min

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

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

☆ Fact Check: Tel Aviv mass protest video predates October 2023 demonstrations
▼ + stars: | 2023-10-20 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

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

☆ How Costco's next CEO, Ron Vachris, went from driving the retailer's forklifts to earning millions in the C-suite
▼ + stars: | 2023-10-20 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +4 min

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

☆ A woman who escaped Hamas' attack on her kibbutz says she isn't sure that she has a home to go back to
▼ + stars: | 2023-10-09 | by ( Rebecca Cohen | ) www.businessinsider.com time to read: +4 min

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

☆ Analysts loved Costco's earnings report—Here's where they say the stock is headed next
▼ + stars: | 2023-09-27 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

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

☆ Opinion: A mountaintop enclave facing genocide. And a plan to stop it
▼ + stars: | 2023-09-13 | by ( Opinion Lara Setrakian | ) edition.cnn.com time to read: +11 min

Local Armenian authorities have vied for independence from Azerbaijan for decades, leading to an ongoing political and military conflict. Since December, the Lachin Corridor, the main road into the mountaintop enclave, has been blocked by Azeri protesters and government forces, who stopped the normal flow of goods. Multiple monitoring groups say there is widespread food scarcity on the ground, with child and adult malnutrition setting in. Last Sunday, Secretary of State Antony Blinken spoke with Azerbaijani President Ilham Aliyev, voicing US concern over what he called “the deteriorating humanitarian situation” facing Nagorno-Karabakh Armenians. The fastest path would be for Azerbaijan to restore movement along the Lachin Corridor, letting in aid from the ICRC.

Persons: Lara Setrakian, Luis Moreno Ocampo’s, Tom Lantos, Lara Setrakian Heidi Gutman Nagorno, Ocampo, ”, Antony Blinken, Ilham Aliyev, Blinken, Aliyev, Cross, Mary Asatryan, “, —, KAren Minasyan, shouldn’t Organizations: Applied Policy Research Institute, Twitter, CNN, Criminal Court, Rights, Soviet Union . Local, International Committee, Reuters, Court, Justice, ICRC, Stepanakert Medical, Azerbaijan’s Ministry of Foreign Affairs, Institute for War, Karabakh, Facebook Locations: Yerevan, Armenia, Nagorno, Karabakh, Republic of Artsakh, Azerbaijan, Soviet, Russian, Mary Asatryan Azerbaijan, Baku, Aghdam, EU, Soviet Union, Nakhichevan, Syria, Sarajevo, Darfur, Russia, Turkey, Israel

☆ The Army Corps’s Flood Plan Could Ruin New York’s Waterfront. It Doesn’t Have To. - The New York Times
▼ + stars: | 2023-06-15 | by ( ) www.nytimes.com time to read: +14 min

Mr. Gutman is an environmental planning consultant and a member of the New York-New Jersey Storm Surge Working Group. In terms of population at risk, New York City is the most vulnerable city in the country, according to Climate Central, a nonprofit research organization. These highly effective and reliable harborwide surge barriers can protect large areas while leaving shorelines free for recreation and other uses. Hudson River Park 12 feet 12 feetHudson River Park 12 feet 12 feetHudson River Park 12 feet 12 feetGantry Plaza State Park 12 feet 12 feetGantry Plaza State Park 12 feet 12 feetImagine bicycling up the Hudson River Greenway in Manhattan next to a concrete wall between you and Hudson River Park. It consists of walls, small storm surge barriers and other shoreline barriers.

Persons: Robert Yaro, Daniel Gutman, Quoctrung Bui, Taylor, John Lehr, Yaro, Gutman, Hurricane Sandy, Rohit Aggarwala, Aggarwala, Jeroen Aerts, “, Sandy Hook, Arthur, Sandy, David Ralston Organizations: The New York Times, Regional Plan Association, Metro Flood Defense, New Jersey Storm, U.S . Army Corps of Engineers, Corps, Hurricane, Climate Central, United Nations, New, LaGuardia Airport, Vrije University Amsterdam, New York City, Bronx Manhattan, Bronx Manhattan Jersey City Queens, Bronx Manhattan Jersey City Queens Brooklyn Jamaica Bay, U.S . Army Corps, Engineers, Oceanographic, Dade Locations: York, New, New York, New Jersey, floodwalls, New York City, Rotterdam, Netherlands, London, St, Petersburg, Russia, New York Harbor, Central, Greenpoint, Manhattan’s, Jersey City, Hudson, Greenway, Manhattan, United, Jersey, Bronx, Queensbridge, South Williamsburg, Yonkers, Ossining, Market, Newtown, New York State , New Jersey, Brooklyn, Staten Island, Arthur Kill, Jamaica, Bronx Manhattan Jersey, Bronx Manhattan Jersey City Queens Brooklyn, Bronx Manhattan Jersey City Queens Brooklyn Jamaica Bay Staten, Texas, Galveston, Houston, Hurricane, Miami

☆ This retailer is the big winner as shoppers trade down to cheaper products, Jefferies says
▼ + stars: | 2023-06-09 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

Specifically, canned vegetables, meats and cheese are trending higher in private label share, according to Numerator . In addition, food and treats for cats and dogs are seeing the strongest gains in private label dollar share, the firm found. Walmart's store brands include Sam's Choice and Great Value, the latter of which is the most popular private label brand, according to Numerator. Its private label penetration is in the high 20%, and in the first quarter its penetration grew 110 basis points year over year, he pointed out. He expects its private label penetration to continue to grow.

Persons: Jefferies, Corey Tarlowe, There's, Tarlowe, Morgan Stanley, Simeon Gutman, — CNBC's Michael Bloom Organizations: Walmart, Sam's Locations: WMT

☆ Morgan Stanley downgrades Dollar General, says retailer not as defensive as expected
▼ + stars: | 2023-06-05 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

Dollar General is not performing as expected given the current backdrop, according to Morgan Stanley. "DG's business has not proven as resilient through this current cycle as we expected given its backbone of high consumables mix and its usual status as a trade down beneficiary." Dollar General shares are down more than 32% year to date. A chunk of those losses came Thursday after the discount retailer reported weaker-than-expected earnings and revenue for the first quarter. DG YTD mountain Dollar General stock has slipped more than 32% from the start of the year.

Persons: Morgan Stanley, Morgan Stanley's, Simeon Gutman, Gutman, — CNBC's Michael Bloom Organizations: Dollar Locations: Friday's

☆ 'Bupkis' review: Pete Davidson is the worst part of a Peacock series about being Pete Davidson
▼ + stars: | 2023-05-04 | by ( Brian Lowry | ) edition.cnn.com time to read: +3 min

CNN —Give Pete Davidson a bit of credit for making himself the least interesting part of a series about being Pete Davidson. Having already played a version of himself in the Peacock movie “The King of Staten Island,” Davidson certainly doesn’t seem overly concerned about stretching his acting chops. Davidson is introduced Google-ing himself, chafing at living in the public eye while residing (uncomfortably at times, as an early sequence demonstrates) with his mom. “Bupkis” is at times very funny, but when it comes to getting to know more about Pete Davidson, the show’s admirable qualities are more in spite of that than because of it. “Bupkis” premieres May 4 on Peacock.

☆ What Home Depot's billion-dollar pay raise may help prove about workers
▼ + stars: | 2023-04-30 | by ( Bob Woods | ) www.cnbc.com time to read: +7 min

"We are confident we can make the investments needed to remain competitive in a tight labor market while also growing our profitability." "The [home improvement] environment seems to be weakening, not accelerating, and therefore incremental wage investments at this time would open the door to more questions and surprise. "They're behaving as they should given the tight labor market, showing leadership and not just thinking about a 12-month timeframe. And in a tight labor market, it's getting increasingly difficult to keep talent [if] you pay unlivable wages and [offer] few opportunities for growth and success." It's hard to say when, and if, Home Depot will see a demonstrable return on the monumental expenditure for its frontline workers.

☆ This e-commerce stock has a whopping 300% upside, according to Morgan Stanley
▼ + stars: | 2023-03-23 | by ( Zavier Ong | ) www.cnbc.com time to read: +4 min

The e-commerce market grew in 2020 as consumers shied away from brick-and-mortar stores and opted for contactless deliveries during pandemic lockdowns. A period of normalization then followed, according to Morgan Stanley , with the sector notching a streak of four consecutive quarters of declining penetration. Stock picks The recovery in e-commerce growth is an opportunity for incremental sales growth and gains in market share, according to Morgan Stanley. Morgan Stanley said the company is a "share taker" in a key underpenetrated e-commerce category: global luxury. Nike expects the figure to rise to 40% over the longer term, according to Morgan Stanley, which implies e-commerce sales of $30 billion by 2027.

☆ Here are Morgan Stanley's favorite quality stocks to buy as bear market nears end
▼ + stars: | 2023-03-21 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

As investors start preparing for the end of the bear market, Morgan Stanley has identified a number of stocks it expects to outperform once the next bull market begins. He has an overweight rating on the stock and a $135 price target, which suggests about 33% upside from Monday's close. He has an overweight rating on Costco and a $520 price target, which implies a little more than 6% upside from Monday's close. Graseck has an overweight rating on JPM and a $173 price target, which implies 36% upside from Monday's close. His $155 price target suggests the stock could rally more than 20% from Monday's close.

☆ Home Depot and Walmart earnings are a preview of what to expect in retail: Morgan Stanley's Gutman
▼ + stars: | 2023-02-27 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHome Depot and Walmart earnings are a preview of what to expect in retail: Morgan Stanley's GutmanSimeon Gutman, Morgan Stanley managing director, joins 'Squawk Box' to discuss what to expect from retail earnings this week, good and bad news for Target, and more.

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