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Wall Street Weighs In On Lululemon's Mirror Acquisition
Tuesday, June 30, 2020 - 3:30pm | 687Lululemon Athletica Inc (NASDAQ: LULU) shares gained 5.5% on Tuesday after the company announced a $500 million buyout of in-home fitness company Mirror. Mirror is Lululemon’s first major acquisition, and the deal is expected to close in the second half of the year. New Way To Connect Bank of...
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Nike Analysts On Muted Q4 Expectations: 'The Most Significant Impact From COVID-19'
Friday, June 19, 2020 - 1:22pm | 640With the COVID-19 pandemic clouding the outlook, consumer discretionary stocks such as Nike Inc (NYSE: NKE) face an uncertian future. Nike is scheduled to release its fourth-quarter results Thursday, June 27 after the close. The Nike Analysts: Baird analyst Jonathan Komp maintained a Neutral...
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'Nike Continues To Expand The Market': Analysts Applaud Q1 Beat
Wednesday, September 25, 2019 - 5:05pm | 836Nike Inc (NYSE: NKE) shares are in all-time high territory after the apparel company posted a first-quarter earnings beat Tuesday. Wells Fargo Weighs In Although expectations were very high heading into the first quarter, Nike was able to clear the bar with an earnings report that was solid from...
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Wall Street Optimistic On Skechers After Record Q2
Friday, July 19, 2019 - 3:35pm | 422Skechers USA Inc (NYSE: SKX) shares were trading sharply higher Friday, one day after posting a big second-quarter earnings beat and record quarterly net sales. Here's what two analysts had to say after the print. Stifel Stifel analyst Jim Duffy said he is highly encouraged by...
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Analysts Overwhelmingly Bullish On Outdoor Brand Yeti; Company Eyes International Growth
Friday, May 3, 2019 - 4:42pm | 547Yeti Holdings Inc (NYSE: YETI) continues to be one of the hottest stocks of 2019, with shares nearly doubling year-to-date. The Austin, Texas-based company's momentum is continuing after reporting a big first-quarter earnings beat Thursday. Here's how the sell-side reacted. KeyBanc...
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Stifel Sees Opportunity In Lululemon Pullback, Highlights 'Powerful Business Model'
Monday, December 17, 2018 - 3:41pm | 358Lululemon Athletica inc. (NASDAQ: LULU) received an early Christmas present Sunday in the form of a new sell-side bull. The Analyst Stifel analyst Jim Duffy upgraded Lululemon from Hold to Buy with a $151 price target. The Thesis After delivering several quarters of...
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Sell-Side Overwhelmingly Bullish On Nike Despite Post-Earnings Pullback
Wednesday, September 26, 2018 - 1:52pm | 552Nike Inc (NYSE: NKE) shares are down despite reporting a first-quarter beat that has the company on track to do roughly $40 billion in sales in 2019. The Analysts Weigh In Stifel analyst Jim Duffy said Nike’s first quarter was a strong start to the year that showcased acceleration in...
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Ugg, A Downgrade: Stifel Moves Deckers Outdoor To Hold On Limited Upside Forecast
Friday, July 27, 2018 - 11:31am | 386Deckers Outdoor Corp (NYSE: DECK) reported Thursday after the close with forecast-beating results for the fiscal 2019 first quarter. The Analyst Stifel analyst Jim Duffy downgraded Deckers Outdoor from Buy to Hold and increased the price target from $120 to $123. The Thesis...
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'A Clear Comeback': Nike Stock Hits All-Time High After Q4 Blowout
Friday, June 29, 2018 - 1:48pm | 695Nike 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 ...
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Stifel: Nike 'Uniquely Positioned' In Shift To Direct-To-Consumer
Wednesday, June 20, 2018 - 3:04pm | 497Analysts continue to reiterate the sentiment that Nike Inc (NYSE: NKE) is nearing a North American inflection point. The Analyst Stifel’s Jim Duffy reiterated a Buy rating on Nike and raised the price target from $80 to $87. The Thesis After three consecutive quarters of...
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Stifel 'Highly Encouraged' After Chat With Under Armour, Raises Price Target
Monday, June 4, 2018 - 9:10am | 446Stifel's December 2017 upgrade of Under Armour Inc (NYSE: UAA) was based on a "speculative thesis," but the sell-side firm's recent conversations with the apparel maker left analysts "highly encouraged." The Analyst Stifel's Jim Duffy maintains a Buy rating on...
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Crocs Downgraded By Stifel On Balanced Risk-Reward; Footwear Maker Reports Strong European, Direct-To-Consumer Growth
Wednesday, May 9, 2018 - 2:06pm | 437Crocs, Inc. (NASDAQ: CROX) lost a sell-side bull one day after reporting first-quarter earnings and sales beats. The Analyst Stifel’s Jim Duffy downgraded Crocs from Buy to Hold and raised the price target from $16 to $17. The Thesis Croc’s earnings beat is further proof the...
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Under Armour Has 'Solidifying Fundamentals,' Stifel Says Ahead Of Quarterly Report
Tuesday, April 24, 2018 - 12:29pm | 462Investors should continue holding a bullish stance on Under Armour Inc (NYSE: UAA) ahead of its May 1 first-quarter earnings report, according to Stifel. The Analyst Stifel's Jim Duffy maintains a Buy rating on Under Armour's stock with an unchanged $18 price target. The Thesis...
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Stifel Makes The Case For Buying Hanesbrands
Monday, April 23, 2018 - 9:35am | 415Hanesbrands Inc. (NYSE: HBI) stock hit a new 52-week low of $17.16 Friday, but further downside is "limited" and the upside potential could be more than 20 percent, according to Stifel. The Analyst Stifel's Jim Duffy upgraded Hanesbrands' stock rating from Hold to Buy with a...
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Why Stifel Remains Bullish On Under Armour After Data Breach
Monday, April 2, 2018 - 9:32am | 386Under Armour Inc Class A (NYSE: UAA) confirmed Thursday it suffered a data breach that impacted 150 million of its MyFitnessPal users. The report sent shares of the athletic apparel maker down by nearly 5 percent, but the reaction may be overblown, according to Stifel. The Analyst Stifel...