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Michael Kors' Outlets May Hurt Brand
Tuesday, March 17, 2015 - 11:44am | 272Read More...Michael Kors Holdings Ltd (NYSE: KORS) reliance on outlet stores to boost sales could dilute the value of its luxury brand, an analyst said Tuesday. Kors shares are off 14 percent year-to-date and were little changed recently at $64.50 -- not far off its 52-week low of $63.31. Oppenheimer...
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Oppenheimer Previews American Eagle Outfitters, Says Abercrombie & Fitch Continues To 'Erode'
Tuesday, March 3, 2015 - 12:11pm | 324Read More...Oppenheimer commented on American Eagle Outfitters (NYSE: AEO) Monday and addressed questions regarding "whether the teen/young adult retail model" is sustainable given the "onslaught of fast-fashion/online." The firm also raised its price target on the stock from $14 to $17...
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Why Oppenheimer Upgraded Coach
Tuesday, February 24, 2015 - 10:40am | 265Read More...In a report issued on Monday, Oppenheimer upgraded Coach Inc (NYSE: COH) from Perform to Outperform amid signs of brand stabilization. Oppenheimer's 12-month price target for Coach is $50. Analysts Anna Andreeva and Janet Knopf wrote, "With Creative Designer Stuart Vevers'...
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L Brands Q3 Earnings Preview
Wednesday, November 19, 2014 - 4:31pm | 346Read More...L Brands Inc (NYSE: LB) reports Q3 earnings after the market close Wednesday. Analyst estimates anticipated EPS of $0.39 on revenue of $2.31 billion. Mizuho analyst Betty Chen anticipated EPS of $0.40 vs. $0.31 LY: “Despite the highly promotional retail environment, the company drove...
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UPDATE: Oppenheimer Reiterates On Urban Outfitters On Murky Near-Term Visibility
Friday, October 17, 2014 - 8:59am | 138Read More...In a report published Friday, Oppenheimer analyst Anna Andreeva reiterated an Outperform rating on Urban Outfitters, Inc. (NASDAQ: URBN), but lowered the price target from $45.00 to $40.00. In the report, Oppenheimer noted, “Disappointments in retail continue, with URBN announcing after the close (...
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'Labor Day Sale On Abercrombie' After Lower Q2 Sales
Saturday, August 30, 2014 - 2:00pm | 217Read More...Abercrombie & Fitch (NYSE: ANF) shares are off nearly five percent after it posted disappointing second-quarter sales earlier this week and some analysts questioned its prospects. "The number-one fear that prevents investors from owning Abercrombie is concern that the brand is becoming...
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UPDATE: Oppenheimer Lowers Estimates For Abercrombie, American Eagle and Aeropostale
Friday, November 1, 2013 - 2:16pm | 288Read More...In a report published Thursday, Oppenheimer analyst Anna Andreeva reduced estimates on Abercrombie & Fitch Co. (NYSE: ANF), American Eagle Outfitters (NYSE: AEO) and Aeropostale (NYSE: ARO) based on the challenged teen sub-sector. Oppenheimer noted that fast fashion retailers outpaced "...
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UPDATE: Oppenheimer Lowers PT on Chico's FAS on Multiple Negative Factors
Thursday, August 29, 2013 - 10:30am | 169Read More...In a report published Thursday, Oppenheimer analyst Anna Andreeva reiterated a Perform rating on Chico's FAS (NYSE: CHS), but lowered the price target from $18.00 to $16.00. In the report, Oppenheimer noted, “With the stock lagging ahead of 2Q13 and short interest building, shares rallied despite...
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UPDATE: Oppenheimer Downgrades Aeropostale as Company Transitions Business Model
Thursday, June 20, 2013 - 9:48am | 230Read More...In a report published Thursday, Oppenheimer analyst Anna Andreeva downgraded the rating on Aeropostale (NYSE: ARO) from Outperform to Perform, and lowered the price target from $20.00 to $13.00. In the report, Oppenheimer noted, “ARO in theory should have one of the more intriguing operating...
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UPDATE: Oppenheimer Downgrades American Eagle Outfitters on Disappointing Results
Thursday, June 20, 2013 - 9:47am | 209Read More...In a report published Thursday, Oppenheimer analyst Anna Andreeva downgraded the rating on American Eagle Outfitters (NYSE: AEO) from Outperform to Perform, but reiterated the $19.00 price target. In the report, Oppenheimer noted, “We believe AEO's management team did all the right things both...
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UPDATE: Oppenheimer Initiates Carter's at Perform on Stable Model
Thursday, June 20, 2013 - 9:35am | 210Read More...In a report published Thursday, Oppenheimer analyst Anna Andreeva initiated coverage on Carter's (NYSE: CRI) with a Perform rating and $70.00 price target. In the report, Oppenheimer noted, “With a 15% market share of the $22 billion apparel market for kids newborn to seven years old, one of...
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UPDATE: Oppenheimer Initiates Fossil Group at Perform on Valuation
Thursday, June 20, 2013 - 9:31am | 228Read More...In a report published Thursday, Oppenheimer analyst Anna Andreeva initiated coverage on Fossil Group (NASDAQ: FOSL) with a Perform rating and $98.00 price target. In the report, Oppenheimer noted, “While we like FOSL's dominant market share characteristics in high-margin watches and accessories...
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UPDATE: Oppenheimer Relaunches Lululemon Athletica at Perform on Attractive Growth Story
Thursday, June 20, 2013 - 9:28am | 225Read More...In a report published Thursday, Oppenheimer analyst Anna Andreeva relaunched coverage on Lululemon Athletica (NASDAQ: LULU) with a Perform rating and $65.00 price target. In the report, Oppenheimer noted, “With 143 stores in the US and an opportunity to grow internationally, LULU is no doubt...
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Oppenheimer Reiterates Perform Rating on The Gap on Mixed Factors
Thursday, June 20, 2013 - 9:18am | 189Read More...In a report published Thursday, Oppenheimer analyst Anna Andreeva reiterated a Perform rating and $42.00 price target on The Gap (NYSE: GPS). In the report, Oppenheimer noted, “With a new global brand management structure, we like GPS's economic model with modest comp growth, big e-commerce...
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UPDATE: Oppenheimer Initiates L Brands at Underperform on Risk/Return Downside
Thursday, June 20, 2013 - 9:07am | 262Read More...In a report published Thursday, Oppenheimer analyst Anna Andreeva initiated coverage on L Brands (NYSE: LTD) with an Underperform rating and $46.00 price target. In the report, Oppenheimer noted, “With its Victoria's Secret (VS) and Bath & Body Works (BBW) divisions, LTD has two market-...

