Investment news based on TipRanks market leading research tools. Changes in these assumptions may have a material impact on the backtested returns presented. Certain assumptions have been made for modeling purposes and are unlikely to be realized. “The powerful rebound means our previous three-month target of 2,400 is unlikely to be realized. Meanwhile, her $43 price target implies a healthy 19% upside potential for the year. (See LOW stock analysis on TipRanks) Tradeweb Markets (TW) A public company only since this past April, Tradeweb has recently gotten a lot of love from Wall Street. ... TipRanks holds no liability over the analysts' information or opinions expressed on the site. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. No representations and warranties are made as to the reasonableness of the assumptions. ... Kate McShane Goldman Sachs. According to TipRanks.com, McShane is a 5-star analyst with an average return of 10.2% and a 66.9% success rate. The company’s shares closed yesterday at $73.30. Target and Best Buy have adapted themselves to evolving consumer needs and are poised for long-term growth with their impressive omnichannel capabilities. McShane covers the Services sector, focusing on stocks such as National Vision Holdings Inc, Floor & Decor Holdings Inc, and Dick’s Sporting Goods. At 93.5 cents per share quarterly, it annualizes to $3.74 and gives a whopping 11.5% yield. Of particular interest, we’ve pulled the TipRanks data on two stocks that the firm’s analysts predict will show powerful double-digit growth in the second half. Target’s strong performance led to a 35.6% rise in its shares in 2020 and the average price target of $193.12 reflects further upside potential of 11.1% from current levels. McShane covers the Consumer Goods sector, focusing on stocks such as Bj’s … The company’s exposure to food and essentials worked in its favor as the category experienced robust pandemic-led demand this year due to stay-at-home mandates. The company’s earnings have also been solid. Dori Kesten Wells Fargo. Backtested performance is developed with the benefit of hindsight and has inherent limitations. Whenever TipRanks detects a recommendation made by an analyst, we start measuring the stock performance over a one-year time period (unless an analyst’s outlook has changed). And now we turn to the amusement park industry. McShane covers the Services sector, focusing on stocks such as Dick’s Sporting Goods, Genuine Parts Company, and Container Store Group. Let’s look at the details. According to TipRanks.com, McShane is a 5-star analyst with an average return of 9.8% and a 66.7% success rate. Certain assumptions have been made for modeling purposes and are unlikely to be realized. Kate McShane is an Irish American lawyer who gets help from her dad, an ex-cop, and her brother, a priest and a law professor.. According to TipRanks.com, McShane is a 5-star analyst with an average return of 10.3% and a 67.5% success rate. ... a 15% upside potential in the coming year. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. 4.412529065791274 out of 5. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Home Depot with a $282.50 average … Goldman’s forecast fits well with the positive mood among investors. That said, the company stated that it does not expect sales trends to remain at the levels experienced in 3Q. Backtested performance is not an indicator of future actual results. Backtested performance is developed with the benefit of hindsight and has inherent limitations. Best Buy’s focus and significant investments to strengthen its online channels immensely benefited the company amid the pandemic and drove a 174% rise in domestic online comparable sales. Tipranks has 32 analysts following it, and 31 say buy it. In a bullish coda, an optimistic counterpoint to the low-end call, Kostin’s team says the index may rally as high has 3,200 in 2H20. McShane covers the Services sector, focusing on stocks … Recently, Argus Research analyst Chris Graja upgraded Target to Buy from Hold with a price target of $205. Shares have an average price target of $41.20, which suggests a 13.5% premium from the $36.31 share price. The TipRanks Smart Score performance is based on backtested results. (To watch Grambling’s track record, click here), All in all, the analyst consensus rating on FUN is a Strong Buy, based on 8 reviews. ... Disclaimer: The TipRanks Smart Score performance is based on backtested results. sell. Best Buy, with a network of 1,204 stores, is a pure-play consumer electronics retailer that survived challenging business conditions over the past several years, while many peers filed for bankruptcy. According to TipRanks.com, McShane is a 5-star analyst with an average return of 9.8% and a 63.6% success rate. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Adjusted EPS surged 105% year-over-year to $2.79, driven by impressive top-line growth and enhanced margins that gained from lower markdowns. Actual performance may differ significantly from backtested performance. Kate McShane Wall Street Analyst at Goldman Sachs. They had one daughter: Catherine (Kate) McFadden (born McShane). The company continues to expand its store base and opened 30 new stores this year, of which, 29 were of smaller format. We will use TipRanks’ Stock Comparison tool to place two popular names in the retail space—Best Buy and ... Goldman Sachs analyst Kate McShane downgraded Best Buy to Sell from Hold earlier this month and cut the price target to $97 from $107. Despite the stellar performance in the recent quarter, Goldman Sachs analyst Kate McShane downgraded Best Buy to Sell from Hold earlier this month and cut the price target to $97 from $107. McShane still feels that “Best Buy is one of the best run retailers in the U.S. and continues to evolve its omnichannel,” but cautioned that she sees risk in 2021 for the stock based on “1) very strong compares; not only from strong sales in 2020 but the ability to capture ~80% of sales when the stores were closed, making it a harder compare, 2) its lack of gross margin flow through in 2020, 3) valuation.”, The analyst stated that the company will likely have “a very strong comp result” for fiscal 4Q. First up is a grocery chain, located mainly in the Pacific Coast states of Washington, Oregon, and California, but other locations in Idaho, Nevada, and Pennsylvania. Buy. The famous park operator Six Flags is a stock that the firm says you should be wary of. According to TipRanks.com, McShane is a 5-star analyst with an average return of 10.2% and a 67.6% success rate. That said, Best Buy looks to be a better pick currently as the Street sees higher upside potential in the months ahead. Changes in these assumptions may have a material impact on the backtested returns presented. The strategy team at investment bank Goldman Sachs has reversed its bearish position on the market’s long-term outlook, and released a new statement. “SIX has exposure to states and regions that currently face the highest rates of COVID-19 infection and economic pressures. As of October end, Target operated about 1,900 stores. Citigroup analyst Kate McShane maintained a Buy rating on Bj’s Wholesale Club Holdings Inc (BJ – Research Report) today and set a price target of $32. The company also thinks 4Q gross margins will be under pressure due to higher supply chain costs associated with rising online sales and a higher mix of lower-margin gaming consoles. Kate McShane (Track Record & Ratings) of Citigroup gave Foot Locker a $60 target ... TipRanks TipRanks is the most comprehensive data set of sell side analysts and hedge fund managers. Even prior to the pandemic, Target was strengthening its digital channels to address the demand for online purchases. $157.00. The content is intended to be used for informational purposes only. It recently partnered with FAO Schwarz to offer an extensive toy collection and also teamed up with Ulta Beauty to open 100 in-store beauty shops next year. TipRanks See how Kate McShane earned a 4-star ranking based on previous stock recommendations such as COST and LOW. (To watch McShane’s track record, click here) Goldman’s Kate McShane, a 5-star expert on retail stocks, is bullish on groceries. See Grocery Outlet stock analysis on TipRanks, See Cedar Fair stock analysis on TipRanks. No cash balance or cash flow is included in the calculation. Enter your email to receive our newsletter. (See TGT stock analysis on TipRanks). This optimism – and management’s understanding of the company’s normally cyclical earnings – led the company to maintain its dividend during these difficult times. The company keeps its shelves stock with overstocked and closeout items to keep the prices low. In a report released today, Kate McShane from Citigroup maintained a Buy rating on Home Depot (HD – Research Report), with a price target of $218.The company’s shares closed on Friday at $191.89. The unique nature of the coronavirus crisis helps explain these results. Overall, the stock scores a cautiously optimistic Moderate Buy analyst consensus backed by 13 Buys and 5 Holds. $12.00-1.07%. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. Target Corporation (NYSE: TGT) shares have declined 4.36 percent over the past six months, hitting a low of $72.94 on October 23. Patrick was born between 1869 and 1871, in Teelin, County Donegal, Ireland. Kate married Patrick McShane. Cast. Their one-year price target is $3,811, up 21% from where it is now. 2020 was a mixed bag for the US retail sector. As economies reopen, and people begin to seek out leisure activities again during the summer, Cedar Fair expects to see positive results. Overall, GO receives a Moderate Buy rating from the analyst consensus. In addition to Kostin’s look at the macro situation, analysts from Goldman Sachs have also been diving into specific stocks. Big-box retailer Target sells an extensive merchandise assortment that ranges from food, beverages and other essentials to consumer electronics and apparel. Goldman’s Kate McShane, a 5-star expert on retail stocks, is bullish on groceries. Backtested performance is not an indicator of future actual results. In a quarter when most economic activity halted, and unemployment began a catastrophic climb, GO’s niche was invaluable: essential groceries, at discount prices. The S&P has bounced 36% from its March trough, and while the rebound is following a shallower slope than the initial fall did, the trend is clearly upwards. At $22, Grambling’s price target implies about 6% downside to SIX shares, and backs his Sell rating. According to TipRanks.com, McShane is a Meanwhile, her $43 price target implies a healthy 19% upside potential for the year. This is based on 6 Buys and 7 Holds… and Grambling’s Sell. In addition […] SIX has been vocal in the need to reinvest in the park experience and attractions to reinvigorate growth (even before COVID-19 impacts were felt), which likely limits flow-through on reopening, in our view,” Grambling wrote. In a recent note, she writes, “[We] note eating at home trends continue to hold up well, with food growth above where it was pre-pandemic and grocery app downloads still above average. (To watch Grambling’s track record, click here), Even in its current straits, SIX shares have a Moderate Buy rating from the analyst consensus. According to TipRanks.com, McShane is a 5-star analyst with an average return of 10.0% and a 67.2% success rate. SHO. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. That said, SIX, like FUN, sees its worst quarter in the winter, due to cyclical park closures, and that $1 per share loss was not as deep as was expected. Investment news based on TipRanks market leading research tools. Goldman’s Kate McShane, a 5-star expert on retail stocks, is bullish on groceries. Indeed, Best Buy also indicated that the demand for its products and services remained elevated at the beginning of the fiscal fourth quarter.