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Nomura Sees 25% Upside In Amazon: 'Cloud-y With A Chance Of $850'
Wednesday, December 9, 2015 - 9:48am | 310Shares of Amazon.com, Inc (NASDAQ: AMZN) have been rising steadily in 2015 and are up 118 percent year-to-date. Nomura’s Robert Drbul maintained a Buy rating on the company, while raising the price target from $700 to $850. Amazon is poised to benefit from the growing acceptance of...
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Lululemon Athletica 'Got Her Groove Back,' Says Nomura
Tuesday, March 10, 2015 - 10:08am | 227In a report published Tuesday, Nomura analyst Robert Drbul commented that he remains comfortable with his fourth quarter estimates for Lululemon Athletica inc (NASDAQ: LULU). Drbul is projecting Lululemon to earn $0.73 when it reports Q4 results on March 19 before market open. Predicted Q4...
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Nomura Sees 14% Upside For Macy's Shares
Wednesday, February 25, 2015 - 12:08pm | 194In a report published Wednesday, Nomura analyst Robert Drbul wrote that Macy's, Inc. (NYSE: M) fourth quarter and full year 2014 earnings per share of $2.44 and $4.40, respectively, were both ahead of his estimates and the consensus estimates. Drbul noted that Macy's sales increased 1.8...
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What The Street Is Saying About Wal-Mart's Pay Boost
Monday, February 23, 2015 - 4:48pm | 659Retail giant Wal-Mart Stores, Inc. (NYSE: WMT) made headlines on the evening of February 19th after the company announced it will give a pay raise to roughly half of its employees. The announcement was revealed after the company posted its fourth quarter 2014 earnings report the same evening....
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Nomura Bullish On Amazon, But Says 'More Transparent-cy Would Be Well Received'
Thursday, January 22, 2015 - 11:49am | 272In a research report published Thursday morning, Nomura analyst Robert Drbul commented on Amazon.com, Inc.'s (NASDAQ: AMZN) operations, prospects and recent results. The specialist said “more transparent-cy would be well received,” but maintained his Buy rating and $410 target...
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UPDATE: Nomura Raises Price Target On Lululemon Athletica On Preliminary 4Q14 Comp Results
Wednesday, January 14, 2015 - 8:11am | 174In a report published Wednesday, Nomura analyst Robert Drbul reiterated a Buy rating on Lululemon Athletica inc. (NASDAQ: LULU), and raised the price target from $63.00 to $70.00. In the report, Nomura noted, “This morning, lululemon reported preliminary 4Q14 comp results well ahead of our and...
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Nomura Comments On Retail, Raises Price Targets
Friday, January 9, 2015 - 6:19pm | 323Nomura analyst Robert Drbul issued an updated view of Q4 and FY 2015 retail on Friday. Drbul continued “to expect a comp store sales increase of 1.5-2.0 percent for our Broadlines / Dept Stores and E-Commerce group in 4Q, though now believe our group will come in at the higher end of that...
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UPDATE: Nomura Initiates Coverage On Amazon
Friday, November 21, 2014 - 10:33am | 162In a note out Friday, Nomura analyst Robert Drbul starts Amazon.com, Inc. (NASDAQ: AMZN) at Buy with a $410 price target. "With the stock within 16% of its 2014 and 12-month low, having declined by 18% year to date, underperforming the S&P 500/Internet Retail Index and the QNET Index,...
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Diamonds Are An Investor's Best Friend: Analysts Comment on Tiffany's Dazzling Quarter
Thursday, May 22, 2014 - 4:30pm | 440Analysts are eager to comment on Tiffany & Co. (NYSE: TIF) following the company's report of a strong first quarter, raised guidance and shares hitting a new 52-week high. Summary of Q1 Results The company saw quarterly earnings of $126 million ($0.97 per share), versus profit of $84 million...
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Analysts Cautious On Target With Release Of Subpar Q1 Results
Thursday, May 22, 2014 - 3:17pm | 240Target (NYSE: TGT) released first quarter results Wednesday; analyst responses came on Thursday. The general consensus from analysts has been concern with profitability and uncertainty regarding Canada. Target reported EPS of $0.70 versus the $0.60-$0.75 estimate. Nomura has a Neutral rating...
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Nomura Cautious On Retail Group, Starts Sector Coverage With Neutral
Thursday, February 13, 2014 - 4:45pm | 2755In a report published Thursday, Nomura Equity Research analyst Robert Drbul initiated coverage on 21 retailers. Drbul rates the Retail sector as neutral with 14 Buy, six Neutral, and one Reduce-rated stock. For the sector as a whole, the analyst noted that sales are set to rebound and targeted...