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Fitbit: A Wise Investment Or On Its Way Out?
Friday, January 22, 2016 - 9:31am | 478There is no question that the wearable technology market is set to continue gaining momentum in the coming years. However, whether fitness tracking pioneer Fitbit Inc (NYSE: FIT) will be able to survive as the market evolves has become a polarizing topic. The company is often hailed as a great...
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Stifel Cuts Fitbit's Target By Nearly 50%, But Is Still Bullish
Thursday, January 21, 2016 - 8:51am | 323Fitbit Inc (NYSE: FIT) shares have plummeted 40 percent since January 4, and are hovering close to their 52-week low. Stifel’s Jim Duffy maintained a Buy rating for the company, while reducing the price target from $60 to $35. While the company is poised for robust growth, investors...
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Fitbit Falls Hard: Here's What Top Analysts Are Saying
Thursday, August 6, 2015 - 11:51am | 665Shares of Fitbit Inc (NYSE: FIT) were trading lower by 14 percent Thursday. The company reported a better-than-expected second-quarter print (its first ever as a public company) as revenue grew sequentially and showed a year-over-year acceleration from the first quarter on strong device sales....
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Stifel Impressed With GoPro Since IPO, But Doesn't See Upside Potential For Buy
Wednesday, July 22, 2015 - 8:46am | 355In a report published Wednesday, Stifel analyst Jim Duffy initiated coverage of GoPro Inc (NASDAQ: GPRO) with a Hold rating. The analyst believes that the stock does not have sufficient upside potential to justify a Buy rating. The company's reported strong Q2 results, with the revenue and...
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Is Lululemon Just A Hold? Stifel Says Yes
Tuesday, March 24, 2015 - 10:19am | 286In a report published Tuesday, Stifel analyst Jim Duffy commented that the focus of Lululemon Athletica inc.'s (NASDAQ: LULU) upcoming fourth quarter print on March 26 will focus on its outlook. Duffy said that Lululemon pre-released its fourth quarter results on January 12 and he will now focus on...
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Wunderlich, Stifel Preview Deckers Outdoor Q3 Earnings
Tuesday, January 27, 2015 - 3:03pm | 243Wunderlich and Stifel offered earnings previews for Deckers Outdoor Corp (NYSE: DECK) Tuesday and both predicted strong results based on channel checks. The company will report fiscal Q3 earnings on January 29 and the Street expects revenues of $814.39 million and EPS of $4.52. For FY2015 the...
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UPDATE: Stifel Upgrades Sodastream On Balanced Risk/Reward
Thursday, January 22, 2015 - 10:07am | 149In a report published Thursday, Stifel analyst Jim Duffy upgraded the rating on Sodastream International Ltd (NASDAQ: SODA) from Sell to Hold. In the report, Stifel noted, “While we believe SODA's global fundamentals remain challenged, have issue with the strategy that emphasizes growth over...
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UPDATE: Stifel Downgrades Black Diamond As No Catalyst Is In Sight
Tuesday, January 6, 2015 - 10:16am | 124In a report published Tuesday, Stifel analyst Jim Duffy downgraded the rating on Black Diamond Inc (NASDAQ: BDE) from Buy to Hold, and removed the $13.00 price target. In the report, Stifel noted, “BDE currently trades at approximately 1.0X FY16E TEV/revenue but approximately 23X FY16E TEV/EBITDA....
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Stifel Comments On Crocs Following New CEO Announcement
Tuesday, December 16, 2014 - 9:43am | 172Crocs, Inc. (NASDAQ: CROX) on Monday announced the appointment of Gregg Ribatt as its new CEO, effective at the end of January. "We are pleased with the appointment of Gregg Ribatt as CEO," Stifel analyst Jim Duffy wrote in a note to clients. "Ribatt is largely credit with Sperry's emergence as a...
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Stifel Weighs In On GoPro Inc Hero 4 Black Launch
Thursday, September 11, 2014 - 8:27am | 147In a note issued Thursday morning, Stifel analyst Jim Duffy provided insight into how he thinks GoPro Inc's (NASDAQ: GPRO) mid-October launch date for its Hero 4 Black Edition will affect the stock. In terms of price, the new Hero 4 Black will carry a retail price of $499.95, where as the...
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UPDATE: Stifel Reiterates On Black Diamond Following 8K Filing
Tuesday, July 29, 2014 - 9:48am | 122In a report published Tuesday, Stifel analyst Jim Duffy reiterated a Buy rating on Black Diamond (NASDAQ: BDE), but lowered the price target from $15.00 to $13.00. In the report, Stifel noted, “After the close, Black Diamond Inc. filed an 8K detailing pro forma 2013 and 1Q14 results excluding the...
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Analysts Weigh In On SodaStream Rumor
Thursday, July 24, 2014 - 4:34pm | 195Shares of SodaStream (NASDAQ: SODA) spiked up 18 percent following a report by Bloomberg that cited anonymous sources as saying the company is looking for investors to go private at $40 per share. SodaStream declined to comment to Benzinga on the matter. Following the report, Stifel analyst...
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UPDATE: Stifel Initiates Coverage On GoPro
Monday, July 21, 2014 - 12:11pm | 136Earlier Monday, Stifel initiated coverage on GoPro (NASDAQ: GPRO) with a Hold rating, but has yet to set a price target. Analyst Jim Duffy noted that he sees compelling growth for the company over the next three years. However, he believes the current price adequately reflects both this and...
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UPDATE: Stifel Downgrades Quiksilver On Wholesale Challenges, Strategy Shift
Tuesday, June 3, 2014 - 10:19am | 114In a report published Tuesday, Stifel analyst Jim Duffy downgraded the rating on Quiksilver (NYSE: ZQK) from Buy to Hold, and removed the $9.00 price target. In the report, Stifel noted, “Our Buy thesis had been predicated on a presumption of underlying brand equity and capacity for margin and cash...
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Under Armour Recovers Losses Thanks to S&P Inclusion, Stifel Upgrade
Friday, April 25, 2014 - 9:41am | 197Shares of Under Armour (NYSE: UA) are recovering losses from Thursday's 7.3 percent drop on earnings thanks to an upgrade from Stifel Nicolaus and news the stock will be included in the S&P 500. Shares are higher by 1.5 percent. Analyst Jim Duffy upgraded the shares from Hold to Buy and...