Nomura is lifting its PT for PetSmart (PETM) to $60, claiming the company's recent analyst day...

|By:, SA News Editor

Nomura is lifting its PT for PetSmart (PETM) to $60, claiming the company's recent analyst day "added a few new dimensions" to the company's story that Nomura had previously overlooked. Among these are the potential for margin gains, and for "internal improvement" in merchandising, operations, and finance.