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Why 2 Foot Locker Analysts Are Downgrading Stock After Q4 Earnings: 'We Were Not Expecting This'
Monday, February 28, 2022 - 2:50pm | 512Sports apparel and footwear retailer Foot Locker Inc (NYSE: FL) reported fourth-quarter financial results Friday. The earnings report resulted in downgrades by Seaport Research and Morgan Stanley. Here's what the analysts had to say. The Foot Locker Analysts: Seaport Research analyst...
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Why This Columbia Sportswear Analyst Is Turning Bullish
Friday, January 28, 2022 - 12:48pm | 233Columbia Sportswear Company (NASDAQ: COLM) seems to be better positioned than was earlier anticipated for the second half of 2022, according to Seaport Research Partners. The Columbia Sportswear Analyst: Mitch Kummetz upgraded the rating for Columbia Sportswear from Neutral to Buy, while...
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Pivotal Upgrades Under Armour Due To 'Disconnect Between Reality And Sentiment'
Monday, January 4, 2021 - 1:51pm | 254While Under Armour Inc (NYSE: UAA) seems to be better positioned now than it was pre-pandemic, this is not reflected in its stock, according to Pivotal Research. The Under Armour Analyst: Mitch Kummetz upgraded Under Armour's stock from Hold to Buy, while raising the price target from $15...
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Analysts Mixed On Foot Locker Following Strong Q4 Earnings
Monday, March 4, 2019 - 5:49pm | 424Foot Locker, Inc. (NYSE: FL) last week reported fourth-quarter results that came in better than expected across multiple metrics and an encouraging outlook to 2019. Despite the stock's initial strong reaction, some Street analysts aren't running away with it. Morgan Stanley: Concerns Into...
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Genesco Skates Higher On The Strength Of Journeys, Pivotal Research Says In Upgrade
Thursday, August 30, 2018 - 2:33pm | 523Genesco Inc. (NYSE: GCO)'s Journeys is the preferred retailer for the Vans footwear consumer, according to Pivotal Research Group. The Analyst Pivotal analyst Mitch Kummetz upgraded Genesco from Hold to Buy and raised the price target from $44 to $54. The Thesis With...
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Pivotal Downgrades Columbia Sportswear Ahead Of Q2 Report
Wednesday, July 25, 2018 - 3:18pm | 379Apparel and footwear company Columbia Sportswear Co (NASDAQ: COLM) is scheduled to report its second-quarter results after Thursday's close and investors should no longer be buyers ahead of the print, according to Pivotal. The Analyst Pivotal Research Group's Mitch Kummetz downgraded...
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Crocs Gets An Upgrade On High Warm-Weather Demand
Wednesday, July 25, 2018 - 2:01pm | 357It's the heart of the summer, and that's a good thing for footwear company Crocs, Inc. (NASDAQ: CROX). The Analyst Pivotal analyst Mitch Kummetz upgraded Crocs from Hold to Buy, raising the price target from $15 to $21. The Thesis Despite analyst's disappointing projected earnings...
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Ugg Parent Company Decker Outdoors No Longer A Good Fit, Says Pivotal Research
Monday, March 12, 2018 - 3:04pm | 390Shares of Deckers Outdoor Corp (NYSE: DECK), the parent company behind multiple brands including UGG boots, have gained 70 percent over the past year — and now might be a good time for investors to move to the sidelines, according to Pivotal Research Group. The Analyst Pivotal...
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Nike's Guidance Remains Aggressive Relative To Futures Orders
Wednesday, December 21, 2016 - 8:38am | 319Nike Inc (NYSE: NKE) reported its Q2 2017 results, with the EPS ahead of the estimate and consensus, driven by increased sales. B. Riley’s Mitch Kummetz reiterated a Neutral rating on the company, with a price target of $56. Nike reported its Q2 2017 EPS at ahead of expectations at $0....
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B. Riley On Steve Madden: We're Buyers At Multi-Year Low
Tuesday, January 12, 2016 - 1:12pm | 251B. Riley issued a company note on Steve Madden, Ltd. (NASDAQ: SHOO) after the company issued preliminary Q4 2015 results that were primarily in line or exceeded expectations. B. Riley rates Steve Madden as Buy with a $48 price target. Analyst Mitch Kummetz wrote, "Retail comps exceeded...
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B. Riley Goes Neutral On Dicks Sporting Goods: Here's Why
Friday, December 18, 2015 - 10:29am | 224Shares of Dicks Sporting Goods Inc (NYSE: DKS) have declined 31.7 percent over the past six months, falling to a low of $36.18 on Thursday. B. Riley’s Mitch Kummetz has initiated coverage of the company with a Neutral rating and price target of $41. Kummetz expressed concern...