The Container Store Group (TCS) Misses Q1 EPS by 1c, Cites 'Funk', Issues Weak Outlook

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The Container Store (TCS) PT Slashed at BofA/Merrill Lynch

July 9, 2014 10:15 AM EDT

BofA/Merrill Lynch analyst Denise Chai cut estimates and her price target on Underperform-rated The Container Store (NYSE: TCS) to $21.00 (from $26.00) following the disappointing Q1 results and lower outlook.

Chai said despite the lowered outlook they see more downside.

For an... More