Jamie Merriman

Bernstein dropped its bearish stance on Michael Kors Holdings Ltd (NYSE: KORS), but said risks remain.  The Analyst Analyst Jamie Merriman upgraded Michael Kors from Underperform to Market Perform. The Thesis Michael Kors has a more balanced risk-reward profile at current valuation levels,...

L Brands Inc (NYSE: LB) may have beaten estimates in its second-quarter report Wednesday, but shares are still reeling after the retailer cut its 2018 EPS estimate. The company's flagship Victoria's Secret appears to be stuck in its ways and struggling with a changing fashion consumer...

Nike Inc (NYSE: NKE) just keeps doing it. Shares of the world’s largest sportswear company are racing toward all-time highs after delivering a fourth-quarter earnings beat Thursday. Nike appears to emerged relatively unscathed from a severe management shakeup and pervasive ...

Nike Inc (NYSE: NKE) reported a strong earnings beat in its fiscal fourth- quarter, which initially sent shares above its 52-week high. But shareholders late to buy the stock could still see returns from current levels. The Analyst Bernstein's Jamie Merriman maintains an Outperform rating on...

Lululemon Athletica inc. (NASDAQ: LULU) is shaping up to be one of the biggest winners in the athleisure era. The athletic apparel maker known for making yoga pants an everyday fashion decision has diversified its business to include menswear and direct-to-consumer, and the results are...

Lululemon Athletic inc. (NASDAQ: LULU) reported a "home run" earnings report Thursday, but Bernstein questions the sustainability of the athletic apparel maker's momentum. The Analyst Bernstein's Jamie Merriman maintains a Market-Perform rating on Lululemon's stock with...

Lululemon Athletica inc. (NASDAQ: LULU) shares are ripping, moving 7 percent higher after a solid third quarter report in the face of a struggling athleticwear cycle. After showing solid e-commerce growth, comps that were up 8 percent in the quarter, and a men’s business that's...

Under Armour Inc (NYSE: UAA) weak footwear push has moved the company in “growth purgatory” according to a new industry wide report from Bernstein. The Baltimore based athletic apparel brand grew aggressively into new categories, diversifying itself from a men’s apparel...

Bernstein said in a note Monday it believes both TJX Companies Inc (NYSE: TJX) and Ross Stores, Inc. (NASDAQ: ROST) can continue to grow despite competition. The firm initiated coverage of both TJX Companies and Ross Stores at Outperform, with price targets at $88 and $74, respectively. At the...

Amid an industrywide coverage initiation, Bernstein analyst Jamie Merriman has placed a Market Perform rating on Lululemon Athletica inc. (NASDAQ: LULU) with a $66 price target. While the athleisure innovator faced a challenging start to 2017 from issues largely stemming from e-commerce, “we...

Analysts at Bernstein began covering U.S. softline and specialty retail group Monday, holding an overall bullish outlook on apparel. Among the multiple companies the firm's Jamie Merriman began covering is L Brands Inc (NYSE: LB), the parent company of Victoria's Secret and Bath & Body Works....

Coach Inc (NYSE: COH) has pulled off a three-year turnaround and now turns its attention to integrating its Kate Spade acquisition, prompting one analyst to predict double-digit earnings growth with a compound annual growth rate of 10 percent over the next five years. Bernstein analyst Jamie...

In its initiation note on U.S. softlines and specialty retail stocks, Bernstein said it sees 13-percent downside for the shares of Michael Kors Holdings Ltd (NYSE: KORS) versus the current share price. Accordingly, the firm initiated coverage of Michael Kors at Underperform with a $37 price...

Nike Inc (NYSE: NKE)'s brand sentiment in North America has been a contentious topic over the past few years, but a new Bernstein report affirms that the company is still ‘Best In Class.’ Despite increasing competition in the space, Bernstein analyst Jamie Merriman believes athletic...