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Coach Hits Year-Low; Analysts Skeptical Of Restructuring Plan
Friday, June 20, 2014 - 12:07pm | 383Coach's (NYSE: COH) plan to shut 20 percent of its stores and upgrade the rest received uniformly dour reviews on Wall Street, as shares hit a low for the year on Friday. Coach on Thursday unveiled related restructuring charges of up to $300 million and said same-store sales were likely to...
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UPDATE: Wells Fargo Initiates Coverage On Deckers
Friday, June 20, 2014 - 9:30am | 184Wells Fargo analyst Evren Kopelman initiated coverage on Deckers Outdoor (NYSE: DECK) with an Outperform rating and $92.00 to $98.00 valuation range. Kopelman noted the sales momentum for several of Deckers brands including the strong demand for UGG this past winter and the diversification of...
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Ulta Salon, Cosmetics & Fragrance, Inc.’s (ULTA) Earnings Estimate Raised
Friday, March 12, 2010 - 12:56pm | 100Analyst Evren Kopelman at Wells Fargo Securities has released an update on Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ: ULTA). The company is one of Wells Fargo’s top picks. Wells Fargo believes that Ulta Salon will continue to gain market share, which will be driven by the pace of store...
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TIF’s Stock Becomes Attractive On Pullback
Tuesday, February 2, 2010 - 2:28pm | 150Analyst Evren Kopelman of Wells Fargo Securities maintains his "outperform" rating on Tiffany & Co (NYSE: TIF), while raising his estimates for the company. According to Wells Fargo Securities, Tiffany & Co’s stock has underperformed the market over the past three weeks despite strong...