This Nice Analyst Turns Bullish; Here Are Top 3 Upgrades For Wednesday
Wall Street analysts upgraded Grocery Outlet, NICE and Pinnacle Financial Partners; targets are $15, $150 and $118, respectively.
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B of A Securities Upgrades Grocery Outlet Holding to Buy, Raises Price Target to $15
B of A Securities analyst Robert Ohmes upgrades Grocery Outlet Holding (NASDAQ:GO) from Neutral to Buy and raises the price target from $12.5 to $15.
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Is State Street SPDR S&P Retail ETF (XRT) a Strong ETF Right Now?
The article provides an analysis of the State Street SPDR S&P Retail ETF (XRT), a smart beta exchange-traded fund that tracks the S&P Retail Select Industry Index. XRT has lost 2.43% year-to-date and 4.75% over the past year, with a beta of 1.15 indicating medium risk. The fund has an expense ratio of 0.35% and holds approximately 77 stocks, with top holdings including Abercrombie & Fitch, Marinemax, and Grocery Outlet. Alternative retail ETFs like IBUY and RTH are also discussed as comparable options.