Michael Binetti

Embattled L Brands Inc (NYSE: LB) is having a good week: shares of the retailer were up 12.84 percent at the close Thursday after the company reported a first-quarter sales beat the day before.  Victoria’s Secret continues to be a drag on L Brands results, with same store sales down 5...

The sentiment of Under Armour Inc (NYSE: UAA) analysts is beginning to shift after the retailer reported a much-needed first quarter sales beat Thursday.  KeyBanc Capital Markets  The first-quarter print points to continued momentum in Under Armour's turnaround, analyst...

Foot Locker, Inc. (NYSE: FL) is receiving some positive analyst coverage after hosting an analyst day Thursday. The Analyst  Credit Suisse analyst Michael Binetti maintained an Outperform rating on Foot Locker and raised the price target from $75 to $77. The Thesis: Binetti said he...

Retailer Ulta Beauty Inc (NASDAQ: ULTA) reported fourth-quarter results that came in better than expected, including a 9.4-percent same-store sales increase versus expectations of 7.9 percent. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Credit...

Shares 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...

Canada Goose Holdings Inc (NYSE: GOOS) shares plummeted around 22 percent over the past two weeks on news of possible delays in the launch of its Beijing store amid political tensions, according to Credit Suisse. The Analyst Analyst Michael Binetti maintains an Outperform rating on Canada Goose...

L Brands Inc (NYSE: LB), the parent company of multiple brands including Victoria's Secret and Bath & Body Works, reported a top- and bottom-line beat in its third-quarter results but also announced a 50-percent reduction in its dividend and named John Mehas as the new CEO of Victoria's...

Gap 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 ...

L Brands Inc (NYSE: LB) may have beaten estimates in its second-quarter report Wednesday, but shares are still reeling after the retailer cut its 2018 EPS estimate. The company's flagship Victoria's Secret appears to be stuck in its ways and struggling with a changing fashion consumer...

Under Armour Inc (NYSE: UAA) shares have quietly staged a comeback this year after ending 2017 as the third-worst performer in the S&P 500. The Baltimore-based apparel brand's shares have roared back over 44 percent year-to-date, but the sentiment still appears to reflect the brand...

PVH Corp (NYSE: PVH) reported after the close Wednesday with fourth-quarter results that included a top-and-bottom-line beat, helping to push shares higher. Here's what some sell-side analysts are saying after the apparel congolomerate's print. The Analysts The Buckingham...

Nike Inc (NYSE: NKE) stock traded higher Friday following a quarterly earnings and revenue beat. Several Wall Street analysts have commented on Nike’s quarter. Here’s a sampling of what they had to say. Voices From The Street Stifel analyst Jim Duffy said inflection in Nike’s...

Nike Inc (NYSE: NKE) is set to report third-quarter earnings after the close Thursday, and investors are watching the company’s innovation pipeline and potential commentary on executive succession plans amid a management shakeup. Credit Suisse is initiating coverage...

Nordstrom, Inc. (NYSE: JWN) announced its special committee ended discussions with the Nordstrom family attempt to take the company private, citing a lack of agreement on price. The Analyst Credit Suisse analyst Michael Binetti maintains a Neutral rating, but lowered his price target from $...

Analyst updates poured in after Ulta Beauty Inc (NASDAQ: ULTA) reported a fourth-quarter earnings and sales miss, despite comps that were up 8 percent in the quarter. The cosmetics retailer issued weak first-quarter sales guidance and said it expects comps to rise 6-8 percent on the year. ...