-
Wall Street Reacts To Yet Another Lululemon Earnings Beat
Thursday, June 13, 2019 - 2:08pm | 895Lululemon Athletica inc. (NASDAQ:LULU) reported a strong first-quarter earnings beat on Wednesday, continuing its stretch as one of the hottest companies in a struggling retail environment. Wall Street had plenty to say about lululemon's continued outperformance. Lululemon shares traded up 1.9...
-
Oppenheimer: Buy Best Buy's Stock
Friday, March 22, 2019 - 1:40pm | 331Consumer electronics retailer Best Buy Co Inc (NYSE: BBY)'s momentum over the past few years could be sustained as the company has several drivers of growth in the pipeline, according to Oppenheimer. The Analyst Oppenheimer's Brian Nagel upgraded Best Buy from Perform to Outperform with a...
-
Lowe's Has 'Caught Up A Bit' To Rival Home Depot, Says Oppenheimer's Nagel
Wednesday, February 27, 2019 - 11:39am | 434Home improvement retailer Lowe's Companies, Inc. (NYSE: LOW) reported fourth-quarter results Wednesday morning that were highlighted by an earnings beat, but sales came in slightly lower than forecasted. Nagel: Lowe's Catching Up To Home Depot Lowe's reported its comps rose 1.7 percent...
-
Analysts Tip The Scales On Weight Watchers After Guidance Sinks Shares
Wednesday, February 27, 2019 - 11:00am | 503Weight Watchers International, Inc. (NASDAQ: WTW) disappointed investors with a fourth-quarter earnings report that fell short of nearly every expected metric and signals the company struggles to transform itself from a diet brand to a wellness company. Oppenheimer: Unusual Speed Of Collapse Weight...
-
An Early Reaction To Home Depot's Sales, Guidance Shortfall
Tuesday, February 26, 2019 - 10:45am | 515Home Depot Inc (NYSE: HD) reported a sales miss in its fourth-quarter results, along with a same-store sales miss and poor outlook for 2019. Oppenheimer: Focus On Comps Growth Home Depot's EPS in the fourth quarter would have come in better than expected if it wasn't impacted by $247...
-
What's Next For Nike's Stock After Crushing Earnings?
Friday, December 21, 2018 - 9:48am | 400Nike, Inc. (NYSE: NKE) handily beat expectations in its fiscal second-quarter earnings report Thursday, but two experts see the stock moving in different directions in 2019. Chart Pro: Technicals Were 'Falling Apart' Heading into Nike's earnings print, the stock was trading lower...
-
Near-Term Challenges Continue To Weigh On Michael Kors, Oppenheimer Says In Downgrade
Friday, November 16, 2018 - 4:36pm | 422Ongoing challenges with Michael Kors Holdings Ltd (NYSE: KORS)' core brand will likely weigh on top-line trends, according to Oppenheimer. The Analyst Analyst Brian Nagel downgraded Michael Kors from Outperform to Perform and removed a $90 price target. The Thesis After...
-
Is Nike A Tech Company? Oppenheimer Says A Transformation Is Underway
Thursday, October 18, 2018 - 2:32pm | 298Few investors consider Nike Inc (NYSE: NKE) a tech stock, but Oppenheimer said in an upgrade note that a "technological evolution is underway." The Analyst Oppenheimer's Brian Nagel upgraded Nike from Perform to Outperform with a $90 price target. The Thesis Nike continues to...
-
Tiffany's Risks Are Better Discounted, Oppenheimer Says In Upgrade
Wednesday, September 12, 2018 - 10:04am | 425The near-term risk-reward in Tiffany & Co. (NYSE: TIF) stock is now more favorable due to recent internal initiatives and quarterly earnings, according to Oppenheimer. The Analyst Oppenheimer analyst Brian Nagel upgraded Tiffany & Co. from Perform to Outperform and...
-
Oppenheimer Bullish On Weight Watchers Margin Expansion Opportunities
Wednesday, August 29, 2018 - 12:36pm | 350Major changes are afoot at Weight Watchers International, Inc. (NYSE: WTW), and one Wall Street analyst believes Weight Watcher’s explosive 2018 growth is just the beginning of the long-term story. The Analyst Oppenheimer analyst Brian Nagel initiated coverage of Weight Watchers with an...
-
Should Investors Buy Home Depot Or Lowe's? This Analyst Has The Answer
Wednesday, August 22, 2018 - 12:52pm | 413Lowe's Companies, Inc. (NYSE: LOW) and rival Home Depot Inc (NYSE: HD) have released their respective earnings reports, which shows Home Depot is the better company but Lowe's is the better stock to own, according to Oppenheimer. The Analyst Oppenheimer's Brian Nagel talked Lowe's...
-
Oppenheimer Disagrees With Wedbush's Negative Lumber Liquidators Stance
Tuesday, February 13, 2018 - 12:49pm | 375Lumber Liquidators Holdings Inc (NYSE: LL) was described by Oppenheimer in May 2017 as being one of the most compelling turnaround stories in the small-cap hardliners retail space, and the firm's view hasn't changed much since. The Analyst Oppenheimer's Brian Nagel maintains an...
-
Oppenheimer Upgrades CarMax, Says Used Car Sales, Tax Savings Support Bullish Move
Thursday, January 18, 2018 - 1:23pm | 462Analysts at Oppenheimer assumed a "cautious" stance on CarMax, Inc (NYSE: KMX) in October, but three months later the firm is upgrading the stock. The Analyst Oppenheimer's Brian Nagel upgraded CarMax's stock rating from Perform to Outperform with a price target boosted...
-
3 Reasons Why Big Lots Is Off Oppenheimer's Shopping List
Wednesday, January 10, 2018 - 11:41am | 486Shares of Big Lots, Inc. (NYSE: BIG) have gained more than 20 percent over the past six months, which led to a downgrade from Oppenheimer on Wednesday. The Analyst Oppenheimer's Brian Nagel downgraded Big Lots from Outperform to Perform with a no assigned price target. The...
-
Oppenheimer Analyst Breaks Down Lowe's Q3 Report
Tuesday, November 21, 2017 - 10:12am | 402Lowe's Companies, Inc. (NYSE: LOW) reported third quarter results Tuesday that consisted of a top- and bottom-line beat and a reiteration of its full year fiscal 2017 guidance. The Analyst Oppenheimer's Brian Nagel. The Thesis Overall, Lowe's reported a "good quarter," but...