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7 Lululemon Analysts On The Q2 Print: 'We See The Pullback As An Opportunity'
Wednesday, September 9, 2020 - 12:07pm | 640Lululemon Athletica Inc (NASDAQ: LULU) reported second-quarter revenue that was up 2%, led by direct-to-consumer sales that rose 155% year-over-year. Here's what the Street had to say. The Lululemon Analysts: KeyBanc Capital Markets analyst Matthew DeGulis maintains a Sector Weight rating...
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Wedbush's Shopping List: Abercrombie, American Eagle And Burlington Stores
Wednesday, March 11, 2020 - 4:04pm | 784Wedbush consumer analyst Jen Redding has a shopping list of stocks to buy amid a market-wide sell-off with a common theme of fashion names: The Analyst Redding upgraded: Abercrombie & Fitch Co. (NYSE: ANF) from Neutral to Outperform, price target lifted from $14 to $16. American Eagle...
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Who's Shopping For Nordstrom's Stock? The Street Debates
Wednesday, March 4, 2020 - 6:00pm | 748High-end department store chain Nordstrom, Inc. (NYSE: JWN) reported a top- and bottom-line miss in its fourth-quarter earnings while management's outlook also fell short of expectations. Here is a summary of how some of the Street's top analysts reacted to the print. The Nordstrom Analysts...
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Childrens Place Gets Big Analyst Price Target Cut After Stock Crash
Thursday, December 12, 2019 - 5:16pm | 323Childrens Place Inc (NASDAQ: PLCE) received a downgrade and a massive price target cut from Wedbush despite reporting a third-quarter earnings beat on Wednesday. The Analyst and Rating Wedbush analyst Jen Redding downgraded Childrens Place from Outperform to Neutral and lowered her price...
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Analysts React To Gap's Q3 Earnings Beat, Target Taking Market Share From Old Navy
Friday, November 22, 2019 - 4:34pm | 735Gap Inc (NYSE: GPS) shares are moving higher one day after reporting a third-quarter earnings beat, despite seeing all three of its main segments deliver negative comps. Wells Fargo With Gap’s third-quarter outlook and CEO departure pre-announced earlier in the month, analyst Ike...
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'Their Model Continues To Thrive': TJX Analysts React To Q3 Earnings Beat
Wednesday, November 20, 2019 - 6:12pm | 741TJX Companies Inc (NYSE: TJX) shares are falling one day after the retailer reported a third-quarter earnings beat. Morgan Stanley Analyst Kimberly Greenberger said she sees off-price share gains from department stores, specialty and discount retailers continuing. “Off-price...
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2 Analysts React To Urban Outfitters' Sales Miss, Stock Drop
Wednesday, November 20, 2019 - 4:14pm | 383Urban Outfitters, Inc. (NASDAQ: URBN) shares are in free-fall mode after reporting a third-quarter earnings miss on Tuesday. Encouraged By Improved Results Baird analyst Mark Altschwager said he was encouraged by Urban Outfitters improved results fueled by a resurgence at Anthropologie and strength...
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The Street Debates If Now Is The Time To Shop For Kohl's Stock
Wednesday, November 20, 2019 - 12:16pm | 616Kohl's Corporation (NYSE: KSS) disappointed investors Tuesday with an EPS miss in its third-quarter report, along with a downward revision in its full-year outlook. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Wedbush analyst Jen Redding...
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Bed Bath & Beyond Rallies Ahead Of Q2 Print: 4 Analysts Weigh In
Monday, September 30, 2019 - 3:32pm | 659Bed Bath & Beyond Inc. (NASDAQ: BBBY) shares were trading sharply higher Monday, ahead of the retailer's Oct. 2 second-quarter report. The Street weighted in on the stock ahead of the quarterly print. The Analysts Wedbush analyst Jen Redding upgraded bed Bath & Beyond from...
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This Analyst Said Burlington Delivered Quality Showing In A Challenging Quarter
Tuesday, September 3, 2019 - 11:52am | 324Burlington Stores Inc (NYSE: BURL) reported its second-quarter earnings significantly ahead of expectations, while many of its peers struggled during the quarter. The company’s long-term outlook is positive and the off-price sector is poised to become “increasingly attractive”...
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3 Different Views On Nordstrom's Q2
Thursday, August 22, 2019 - 3:30pm | 513Nordstrom, Inc. (NYSE: JWN) reported second-quarter results, which were interpreted differently by three Street analysts. The Analysts Bank of America analyst Lorraine Hutchinson maintains an Underperform rating on Nordstrom with a price target lowered from $32 to $29. Wedbush analyst Jen Redding...
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The Street's Reaction To Urban Outfitters: From Trade War 'Winner' To 'Bottom Of The Pack'
Wednesday, August 21, 2019 - 3:25pm | 675Urban Outfitters, Inc. (NASDAQ: URBN) reported a second-quarter earnings beat and 5% comp growth at the core Urban Outfitters brand while Free People and Anthropologie comps were up 6% and 3%, respectively. Here is a summary of how some of the Street's top analysts reacted to the print. Wells...
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Abercrombie & Fitch Receives Upgrade From Wedbush
Thursday, July 11, 2019 - 1:00pm | 328Abercrombie & Fitch Co. (NYSE: ANF) received an upgrade Thursday. The Analyst Wedbush's Jen Redding upgraded the stock from Underperform to Neutral and raised her price target from $16 to $18. The Thesis Redding says recent search trends signal positive inflection in revenues across...
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Dillard's Analyst Says Retailer's Markdown Trends Stabilizing
Thursday, July 11, 2019 - 12:22pm | 347Recent promotional data indicates a stabilization in markdown trends at Dillard's, Inc. (NYSE: DDS), with promotions during the July 4 holiday being similar to last year’s levels, according to Wedbush. The Analyst Jen Redding upgraded Dillard's from Underperform to Neutral and...
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Wedbush Favors Off-Price Retail, Says Nordstrom's Search Interest 'Took A Nose Dive'
Monday, July 8, 2019 - 2:31pm | 486Department stores continue to underperform Wedbush's greater retail coverage, and Nordstrom, Inc. (NYSE: JWN) search trends “incrementally nose [dived] in recent weeks," the sell-side firm said Monday. Wedbush continues to favor off-price retailers Burlington...