Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Markets & Finance

UBS Upgrades Toys R Us to 'Buy'

UBS Financial upgraded Toys R Us (TOY) to buy from neutral.

Analyst Gary Balter says the combination of a winning formula at Babies R Us, some excess real estate, potential store closings, and ongoing domestic and international value at Toys R Us stores could be worth more than the Street's expectations. He anticipates some type of restructure; he would focus on shuttering a significant percentage of underperforming U.S. toy stores, and ramp up the Babies R Us stores.

Although a restructure has risks, he says the downside is limited. Balter believes the shares are worth $22 (the mid-point of the $17 to $27 range).

blog comments powered by Disqus