PetSmart downgraded to Sell from Hold at Deutsche Bank Deutsche Bank downgraded PetSmart to Sell citing slowing traffic trends and increased competition. The firm lowered its price target for shares to $65 from $73.
PetSmart appoints Helen Wallace as Chief Accounting Officer PetSmart appointed Helen Wallace as Chief Accounting Officer and principal accounting officer. Ms. Wallace is expected to assume her responsibilities on or about October 6. Prior to joining the company, Ms. Wallace served as Senior Vice President, Finance / Principal Accounting Officer of Designer Shoe Warehouse.