Barnes & Noble Earnings Estimates Lowered by Merrill Lynch/BoA (BKS)
Posted on June 24, 2009 at 14:09 PM EDT
Book retailer Barnes & Noble, Inc. (BKS) saw its 2009 full-year earnings estimates lowered by analysts at Merrill Lynch/Bank of America on Wednesday. Merrill Lynch/Bank of America cut its 2009 estimates due to rising eBook sales and margin constraints, the analyst said. Merrill/BoA currently gives BKS an “Underperform” rating and $16.50 price target. BKS shares closed at [...]