Analysts: PetSmart Will Generate Solid Earnings Growth and 3 More Research Notes to Read
PetSmart (NASDAQ:PETM): After PetSmart reported in-line second quarter results, RBC Capital expects the company to generate solid earnings growth as it benefits from consumer trade-up. The firm keeps an $81 price target and Outperform rating on the stock.
SolarWinds (NYSE:SWI): JPMorgan recommends buying shares of SolarWinds on any weakness from the departure of the company’s CFO Michael Berry. The firm does not believe the CFO change will impact current guidance and keeps an Overweight rating on the stock.
Williams-Sonoma (NYSE:WSM): Jefferies raised its price target for Williams-Sonoma ahead of the company’s second quarter results next week and keeps a Buy rating on the stock. The firm sees limited downside risk from current levels and believes the odds of an earnings miss are “fairly remote.”
Swift Transportation (NYSE:SWFT): After a nine year old lawsuit against Swift Transportation was reportedly granted class action status, Wells Fargo is unsure about the result of the lawsuit but does not expect it to significantly affect the company given its current financial position. The firm keeps an Outperform rating on the shares.