The Latest Breaking News from Simeon Gutman

PDD stock slid after analysts at Morgan Stanley said the rapid adoption of the Temu shopping app could be "cresting" in the U.S.

The discount retailer is trying attract shoppers beyond its core low income consumers.

Retailer Bed Bath & Beyond Inc. (NASDAQ: BBBY) reported first-quarter earnings and the departure of its CEO Mark Tritton on Wednesday.

Although Dollar General Corp’s (NYSE: DG) stock has outperformed the market year-to-date, it has performed in-line with other defensive stocks, according to Morgan Stanley.

Morgan Stanley analyst Simeon Gutman upgraded AutoZone Inc (NYSE:AZO) to Overweight from Equal Weight and raised the price target to $2,420 from $2,125, suggesting an upside of 20.16%. The analyst said the stock has an attractive 3:1 bull/bear skew. Simeon is confident of AutoZone’s continuation of sales and earnings growth. The analyst said he favors…

Target Corporation (NYSE: TGT) announced several initiatives on Tuesday to right-size its inventory, including order cancellations and slashing prices.

Lowe's Companies Inc (NYSE: LOW) missed Street expectations for quarterly sales but still managed to convincingly beat earnings estimates. KeyBanc Capital Markets On Lowe's Companies: Analyst Bradley Thomas maintained a Sector Weight rating on Lowe's.