- Evercore ISI warns that Sears Holdings (SHLD -0.2%) faces a large liquidity event in 2017 even if it manages to survive 2016.
- "Sears margins were worse than we thought as a tough retail climate accelerated margin decline," reads a note issued earlier this week by the firm.
- While the expanse of Wall Street analyst coverage on Sears now consists of one Hold rating (S&P Equity Research) and a Sell rating (Evercore), SA contributor Dylan Street Capital still has extensive coverage on the retail stock.