John Kernan

TJX Companies Inc (NYSE:TJX) is gearing up to report its first-quarter results on Wednesday, May 21. The reduction in tariff rates on China has come as a "huge relief," given the company's significant vendor exposure to the country, according to TD Cowen. The TJX Companies Analyst: Analyst John...

The consensus estimates for Under Armour Inc (NYSE: UAA) appear conservative through fiscal 2023 given the company’s improving revenue trajectory, gross margin expansion, and mix shift toward direct-to-consumers, according to Cowen. The Under Armour Analyst: John Kernan upgraded Under...

Foot Locker, Inc’s (NYSE: FL) stock valuation seems attractive given the durability of the company’s competitive position and its stake in GOAT Group, known for its online sneaker offerings, according to Cowen Consumer Tracker Survey. The Foot Locker Analyst: John Kernan...

Nike Inc (NYSE: NKE) shares are down on Friday after reporting its second-quarter earnings print, the last release of CEO Mark Parker’s tenure. He has served as CEO since 2006 and will be replaced by John Donahoe next month. Nike reported quarterly earnings of 70 cents per share, which beat...

Amid all the retail woes apparel companies are seeing, the narrative simply doesn't apply to Lululemon Athletica Inc. (NASDAQ: LULU). The retailer's shares are up nearly 81% year to date. The LULU Analyst Cowen analyst John Kernan reiterates an Outperform rating on the stock and raised his...

Foot Locker, Inc. (NYSE: FL) reported a third quarter earnings beat on Friday, but a sales miss sent shares plunging. The Analyst and Rating Cowen analyst John Kernan reiterated a Market Perform rating but lowered his price target from $47 to $45. The Thesis The footwear retailer reported...

NBA games during the upcoming season could be further restricted in China, but Cowen said it's is skeptical it will materially affect Nike Inc (NYSE: NKE)'s most profitable region. The Analyst  John Kernan reiterated an Outperform rating on Nike with a $105 price target...

Cowen raised its price target for Lululemon Athletica inc. (NASDAQ: LULU) after meeting with the athletic apparel maker's management team this week.  The Analyst John Kernan maintained an Outperform rating on Lululemon and raised the price target from $214 to $235. The Thesis...

PVH Corp (NYSE: PVH) shares are moving higher after the apparel company reported a second-quarter earnings beat Wednesday. One analyst cut their price target significantly on the stock after the quarterly print.  The Analyst  Cowen’s John Kernan maintained a Market...

The rise of sneaker and luxury resale platforms in recent years has many consumers looking at shoes as investments as much as fashion or footwear. The commoditization of sneakers has given rise to several resale platforms that are raising capital. Two of them, Detroit-based StockX and China-based...

After hosting meetings with TJX Companies Inc (NYSE:TJX) CFO Scott Goldenberg, Cowen said it's confident in the company’s earnings growth potential despite the sector’s low sentiment. The Analyst  John Kernan reiterated an Outperform rating on TJX with a $63 price...

Although the trade war still looms, with footwear and apparel companies expected to be particularly affected, one analyst says to buy on the pullback of Ralph Lauren Corp (NYSE: RL). The Analyst Cowen analyst John Kernan reiterates an Outperform rating with a $145 price target. The Thesis Ralph...

The hype around sneakers is at an all-time high. The industry has been buzzing for years, evidenced by the rise of sneaker resale platforms, two of which, StockX and Poison, just hit unicorn status; the entrance of luxury brands; and growing interest in sneakers within womens fashion....

Callaway Golf Co (NYSE: ELY) shares are trading down despite the golf club maker's Thursday earnings beat. Here's how two analysts reacted to the print.  Cowen  Callaway management was able to raise its outlook within the core golf business, but weakness in the newly...

Yeti 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...