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Walgreen Co. (NYSE:WAG) is predicted by SunTrust to show same-store-sales growth acceleration which should begin during January as a result of easier comps and recaptured business back from Express Scripts (NASDAQ:ESRX). The firm gives the stock a Buy rating abd a $45 price target, along with naming Walgreen a Top Pick.
J. C. Penney Company, Inc. (NYSE:JCP): After the firm visited J.C. Penney stores, Oppenheimer is convinced that the company is offering additional promotions. The firm believes that the strategy drives better traffic and should limit the possibility that the company will face a cash crunch. The firm keeps its Outperform rating on the stock.
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PPG Industries Inc. (NYSE:PPG) price target has been increased by Baird. Furthermore, considering conservative guidance, the company’s is in the position to target tangible synergies, and a gradual improvement in pricing. Shares have an Outperform rating.
Meridian Bioscience Inc. (NASDAQ:VIVO) price target has been increased by Baird after it met with management. The firm is convinced investors sentiment is low, but it is also comfortable with guidance and management strategy for growth. Shares have an Outperform rating.
Abercrombie & Fitch Co. (NYSE:ANF): According to Cowen, the company possesses an attractive risk/reward as a result of its lower in-store clearance levels, potential for an expense reduction plan, and ongoing strength in the company’s direct-to-consumer, or DTC business. Shares have an Outperform rating.
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