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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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Sell-Side Roundup: Wall Street Mostly Positive On New Burlington Stores CEO
Thursday, April 25, 2019 - 11:07am | 573It's a new era for Burlington Stores Inc (NYSE: BURL) after the retailer announced Wednesday that Thomas Kingsbury, its chairman and CEO for over a decade, will step down later this year. Michael O’Sullivan, formerly president and COO of Ross Stores, Inc. (NASDAQ: ROST), will take...
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Calvin Klein Concerns Are Turning Into Positives For PVH, Morgan Stanley Says In Bullish Initiation
Tuesday, April 9, 2019 - 1:24pm | 335PVH Corp (NYSE: PVH) may finally see improving sentiment for its Calvin Klein brand, according to Morgan Stanley. The Analyst Kimberly Greenberger initiated coverage of PVH with an Overweight rating and $164 price target. The Thesis Good things come to those who wait on PVH, as...
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Morgan Stanley Downgrades Yeti, Says Good News Is Priced In For Now
Sunday, March 31, 2019 - 11:48am | 336Yeti Holdings Inc (NYSE: YETI) is off to a remarkable start in 2019 with shares up 115 percent year to date, but good news may now be priced. The Analyst Morgan Stanley analyst Kimberly Greenberger on Friday downgraded Yeti from Overweight to Equal-Weight and raised her price target from...
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Morgan Stanley, BofA Continue To Recommend Ross Stores
Wednesday, March 6, 2019 - 4:18pm | 536Off-price retailer Ross Stores, Inc. (NASDAQ: ROST) reported Tuesday fourth-quarter results which came in better-than-expected on the top-and-bottom line and ended the full year beating its own comp and earnings guidance. The Analysts Morgan Stanley's Kimberly Greenberger maintains an...
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Even After Earnings Beat, Analysts Aren't Buying Macy's
Wednesday, February 27, 2019 - 1:02pm | 531Shares of Macy’s Inc (NYSE: M) traded higher this week after the company reported better-than-expected holiday-quarter sales and earnings. Macy’s also announced a plan to cut costs by $100 million, including eliminating 100 management jobs. Unfortunately for investors, despite closing...
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Analysts ID Retail Winners, Losers From Holiday Sales Numbers
Sunday, January 13, 2019 - 5:04pm | 551Retail stocks are off to a hot start to 2019 despite mixed holiday sales numbers. Several Wall Street analysts weighed in on retail sales numbers from top stocks. Here’s a sampling of what they said. Macy’s, Kohl’s Disappoint Deutsche Bank analyst Paul Trussell said both...
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Analysts Cautious On Kohl's Despite Marketing, Holiday Push
Wednesday, November 21, 2018 - 12:15pm | 593Kohl’s Corporation (NYSE: KSS)’s Monday earnings beat had little effect on the stock, and analysts are weighing whether the retailer merits a price bump or a plunge. The Analysts Edward Jones analyst Brian Yarbrough maintained a Hold rating on Kohl's with a $71 price target....
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Morgan Stanley Says Buys The Nike Dip
Wednesday, September 26, 2018 - 8:40am | 421Nike Inc (NYSE: NKE) sold off Tuesday evening after posting first-quarter top- and bottom-line beats. Some experts are profiting on the pullback. The Rating Morgan Stanley analysts Lauren Cassel and Kimberly Greenberger maintained an Overweight rating on Nike and raised their price target from $88...
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Gap Shares Drop Despite Q2 Beat; The Sell-Side Weighs In
Friday, August 24, 2018 - 3:11pm | 530Gap Inc (NYSE: GPS) shares are reeling despite the apparel retailer's second-quarter earnings and sales beat Thursday. Wall Street Weighs In Nomura analyst Simeon Siegel maintained a Neutral rating on Gap with a $32 price target. Credit Suisse analyst Michael Binetti maintained ...
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Troubled Victoria's Secret Triggers Morgan Stanley's Downgrade Of L Brands
Friday, August 24, 2018 - 1:04pm | 427Victoria’s Secret's struggles continue to make L Brands (NYSE: LB) a wait-and-see story, according to Morgan Stanley. The Analyst Morgan Stanley’s Kimberly Greenberger downgraded L Brands from Overweight to Equal-Weight and maintained a $32 price target....
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5 Analysts On Q1 Retail Earnings
Friday, May 18, 2018 - 4:01pm | 872Retailers issued a barrage of quarterly reports this week that for the most part reinforced the sell-side's prior ratings. Here are some of the analyst's reactions. JCPenney's 'Disappointing' Quarter J C Penney Company Inc (NYSE: JCP) missed Street estimates...
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Morgan Stanley Turns 'Incrementally Cautious' On Macy's After 60% Gain
Thursday, May 10, 2018 - 9:49am | 390Shares of Macy's Inc (NYSE: M) have gained more than 60 percent since October, but there are reasons to believe the rally has come to an end and investors should turn "incrementally cautious" on the stock, according to Morgan Stanley. The Analyst Morgan Stanley's Kimberly...
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Morgan Stanley: Lululemon Satisfies Necessary Condition For Growth With Expense Guidance
Monday, April 2, 2018 - 11:11am | 419Lululemon Athletica inc. (NASDAQ: LULU) reported fourth-quarter results Tuesday that not only marked its best quarterly comp and flow-through in five years, but satisfied a necessary condition for continued growth, according to Morgan Stanley. The Analyst Morgan Stanley's Kimberly...
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Urban Outfitters Sell-Side Roundup: Retailer Shows Comp Growth Across All Brands
Thursday, March 8, 2018 - 11:52am | 622Urban Outfitters, Inc. (NASDAQ: URBN) shares were down nearly 4 percent Thursday despite a fourth-quarter earnings and sales beat earlier in the week. With current fashion trends playing into the company’s hands, sell-side analysts weighed in on the retailer after the print. KeyBanc...