Bed Bath & Beyond, VeriFone, PriceSmart Big Stock Percentage Winners Apr 5th

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Bed Bath & Beyond Inc. (NASDAQ:BBBY): Argus increased its target on Bed Bath & Beyond after the company reported higher than expected Q4 EPS. The firm expects the company to benefit from top-notch merchandising, financial strength and growth potential, and Argus maintains a Buy rating on the stock. The shares closed at $71.85, up $5.62, or 8.49%. They have traded in a 52-week range of $48.75 to $68.20.

VeriFone Systems Inc (NYSE:PAY): Goldman views VeriFone as one of the few direct investments in the multi-year upgrade cycle in emerging payment technologies. Price target is $63. The shares closed at $52.96, up $2.95, or 5.9%. They have traded in a 52-week range of $30.25 to $55.64.

PriceSmart, Inc. (NASDAQ:PSMT): PriceSmart reported Q2 EPS 67c versus consensus 69c. Reported revenue $549.8M versus consensus $539.68M. The shares closed at $74.56, up $3.48, or 4.9%. They have traded in a 52-week range of $37.50 to $78.71.

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com

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