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10 Oppenheimer Analysts Each Pick A Top Stock
Sunday, March 29, 2015 - 10:47am | 489In a recent report, Oppenheimer asked analysts that cover different ares of the stock market each to choose his or her single top stock pick in the space based on the fundamentals of the company. Here are the stocks that these ten analysts chose. 1. Rupesh Parikh, CFA (food, grocery &...
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Oppenheimer Sees Apparel Sales Inflecting, Wider Margins
Monday, March 23, 2015 - 3:07pm | 374Apparel sales are growing faster than than total retail sales while margins in the industry are poised to expand from current 10-year lows, an analyst said Monday. "We don't see any positive fashion trends on the horizon," said Oppenheimer's Anna Andreeva, who noted...
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Michael Kors' Outlets May Hurt Brand
Tuesday, March 17, 2015 - 11:44am | 272Michael Kors Holdings Ltd (NYSE: KORS) reliance on outlet stores to boost sales could dilute the value of its luxury brand, an analyst said Tuesday. Kors shares are off 14 percent year-to-date and were little changed recently at $64.50 -- not far off its 52-week low of $63.31. Oppenheimer...
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Oppenheimer Previews American Eagle Outfitters, Says Abercrombie & Fitch Continues To 'Erode'
Tuesday, March 3, 2015 - 12:11pm | 324Oppenheimer commented on American Eagle Outfitters (NYSE: AEO) Monday and addressed questions regarding "whether the teen/young adult retail model" is sustainable given the "onslaught of fast-fashion/online." The firm also raised its price target on the stock from $14 to $17...
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Why Oppenheimer Upgraded Coach
Tuesday, February 24, 2015 - 10:40am | 265In a report issued on Monday, Oppenheimer upgraded Coach Inc (NYSE: COH) from Perform to Outperform amid signs of brand stabilization. Oppenheimer's 12-month price target for Coach is $50. Analysts Anna Andreeva and Janet Knopf wrote, "With Creative Designer Stuart Vevers'...
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L Brands Q3 Earnings Preview
Wednesday, November 19, 2014 - 4:31pm | 346L Brands Inc (NYSE: LB) reports Q3 earnings after the market close Wednesday. Analyst estimates anticipated EPS of $0.39 on revenue of $2.31 billion. Mizuho analyst Betty Chen anticipated EPS of $0.40 vs. $0.31 LY: “Despite the highly promotional retail environment, the company drove...
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UPDATE: Oppenheimer Reiterates On Urban Outfitters On Murky Near-Term Visibility
Friday, October 17, 2014 - 8:59am | 138In a report published Friday, Oppenheimer analyst Anna Andreeva reiterated an Outperform rating on Urban Outfitters, Inc. (NASDAQ: URBN), but lowered the price target from $45.00 to $40.00. In the report, Oppenheimer noted, “Disappointments in retail continue, with URBN announcing after the close (...
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'Labor Day Sale On Abercrombie' After Lower Q2 Sales
Saturday, August 30, 2014 - 2:00pm | 217Abercrombie & Fitch (NYSE: ANF) shares are off nearly five percent after it posted disappointing second-quarter sales earlier this week and some analysts questioned its prospects. "The number-one fear that prevents investors from owning Abercrombie is concern that the brand is becoming...
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UPDATE: Oppenheimer Upgrades L Brands
Monday, June 9, 2014 - 3:53pm | 139In a research note released Monday, Oppenheimer analyst Anna Andreeva upgraded its Outperform position on L Brands (NYSE: LB) to Market Perform and raised the price target from $46 to $56. The analyst primarily upgraded the stock on the basis of international growth and market-leading opportunities...
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UPDATE: Oppenheimer Lowers Estimates For Abercrombie, American Eagle and Aeropostale
Friday, November 1, 2013 - 2:16pm | 288In a report published Thursday, Oppenheimer analyst Anna Andreeva reduced estimates on Abercrombie & Fitch Co. (NYSE: ANF), American Eagle Outfitters (NYSE: AEO) and Aeropostale (NYSE: ARO) based on the challenged teen sub-sector. Oppenheimer noted that fast fashion retailers outpaced "...
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UPDATE: Oppenheimer Lowers PT on Chico's FAS on Multiple Negative Factors
Thursday, August 29, 2013 - 10:30am | 169In a report published Thursday, Oppenheimer analyst Anna Andreeva reiterated a Perform rating on Chico's FAS (NYSE: CHS), but lowered the price target from $18.00 to $16.00. In the report, Oppenheimer noted, “With the stock lagging ahead of 2Q13 and short interest building, shares rallied despite...
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UPDATE: Oppenheimer Downgrades Aeropostale as Company Transitions Business Model
Thursday, June 20, 2013 - 9:48am | 230In a report published Thursday, Oppenheimer analyst Anna Andreeva downgraded the rating on Aeropostale (NYSE: ARO) from Outperform to Perform, and lowered the price target from $20.00 to $13.00. In the report, Oppenheimer noted, “ARO in theory should have one of the more intriguing operating...
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UPDATE: Oppenheimer Downgrades American Eagle Outfitters on Disappointing Results
Thursday, June 20, 2013 - 9:47am | 209In a report published Thursday, Oppenheimer analyst Anna Andreeva downgraded the rating on American Eagle Outfitters (NYSE: AEO) from Outperform to Perform, but reiterated the $19.00 price target. In the report, Oppenheimer noted, “We believe AEO's management team did all the right things both...
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UPDATE: Oppenheimer Initiates Carter's at Perform on Stable Model
Thursday, June 20, 2013 - 9:35am | 210In a report published Thursday, Oppenheimer analyst Anna Andreeva initiated coverage on Carter's (NYSE: CRI) with a Perform rating and $70.00 price target. In the report, Oppenheimer noted, “With a 15% market share of the $22 billion apparel market for kids newborn to seven years old, one of...
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UPDATE: Oppenheimer Initiates Fossil Group at Perform on Valuation
Thursday, June 20, 2013 - 9:31am | 228In a report published Thursday, Oppenheimer analyst Anna Andreeva initiated coverage on Fossil Group (NASDAQ: FOSL) with a Perform rating and $98.00 price target. In the report, Oppenheimer noted, “While we like FOSL's dominant market share characteristics in high-margin watches and accessories...