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UBS Says Nike's Stock Is About To Go For A Run
Monday, February 3, 2020 - 10:44am | 281Read More...Nike Inc (NYSE: NKE) is in for a long-term run of sales growth that will make it more valuable over the next few years, UBS said Monday. The Nike Analyst UBS analyst Jay Sole upgraded Nike from Neutral to Buy and raised the price target from $103 to $136. The Nike Thesis Sole said he thinks the...
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Analysts Raving About Lululemon's Big Quarter
Thursday, March 28, 2019 - 2:09pm | 535Read More...Lululemon Athletica inc. (NASDAQ: LULU) shares are trading higher after reporting impressive fourth-quarter earnings Wednesday. According to a NPD Consumer panel, the athleisure-brand sold more women’s activewear in the U.S. last quarter than Nike Inc (NYSE: NKE). The Analysts Cowen analyst...
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'We Believe This Momentum Will Likely Continue': 4 Reasons Behind Canaccord's Lululemon Upgrade
Wednesday, October 24, 2018 - 10:14am | 441Read More...Investors should take advantage of Lululemon Athletica Inc. (NASDAQ: LULU)’s 15-percent pullback over the last month, according to Canaccord Genuity. The Analyst Analyst Camilo Lyon upgraded Lululemon from Hold to Buy and raised the price target from $152 to $160. The Thesis The recent...
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Lululemon's Recent Pullback Creates Attractive Entry Point, Wedbush Says In Upgrade
Monday, October 15, 2018 - 2:12pm | 386Read More...Lululemon Athletica Inc. (NASDAQ: LULU) received a sell-side upgrade Monday after a pullback in shares that Wedbush said is likely due to the market sell-off rather than a shift in company fundamentals. The Analyst Wedbush analyst Jen Redding upgraded Lululemon from ...
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Cowen Stretches Lululemon's Target To $175 Following Strong Q2 Earnings
Friday, August 31, 2018 - 8:49am | 361Read More...Lululemon Athletica (NASDAQ: LULU) demonstrated strong momentum in Q2, in light of improved product assortment and a new guest acquisition for online and in-store sales. The Analyst Cowen analyst John Kernan maintained an Outperform rating and raised the price target from $137 to $175. The Thesis...
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Retail Expert: A Lululemon Footwear Business Could Surpass Apparel Business If Done Right
Tuesday, June 5, 2018 - 11:16am | 621Read More...Coming off a stellar first-quarter report, Lululemon Athletica, inc. (NASDAQ: LULU) has emerged as a clear winner in the athleisure era. Shares of the apparel brand are up nearly 59 percent year-to-date and have more than doubled over the past year amid several PR missteps and the resignation of...
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Dicks Sporting Goods Faces An Unlikely Competitor, Barclays Says
Monday, February 5, 2018 - 5:40pm | 502Read More...Dicks Sporting Goods Inc (NYSE: DKS) may not be the Best Buy Co Inc (NYSE: BBY) of the sporting goods industry after all, according to a new Barclays report. The Analyst Matthew McClintock downgraded Dicks Sporting Goods from Equal Weight to Underweight and lowered the price...
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Lululemon's Q3 Wins Over This Bear
Thursday, December 7, 2017 - 12:49pm | 445Read More...Lululemon Athletica inc. (NASDAQ: LULU) reported fiscal third quarter results after the close Wednesday, highlighted by 14 percent top-line growth on the back of 8 percent comps growth. Adjusted earnings per share of 56 cents trumped the consensus estimate of 52 cents per share....
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Expert: Look For Adidas And Puma To Continue Run In 2017
Friday, January 20, 2017 - 12:20pm | 750Read More...In a year where notable names Nike Inc (NYSE: NKE) and Under Armour Inc (NYSE: UA) (NYSE: UAA) suffered considerable share declines, 2016 was the start of a remarkable turnaround for adidas AG (ADR) (OTC: ADDYY). With the current retro fashion cycle, 2017 is shaping up to be another big year for...
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Guidance Monday: 5 Companies Issue Preliminary Guidance
Monday, January 9, 2017 - 11:21am | 522Read More...Investors and traders are waking up to the first full trading week of 2017 with a handful of companies issuing preliminary guidance. Given the wide range of market capitalization sizes and completely different industries the companies operate in, it would be difficult to make the case for any macro...
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Finish Line Is An Example Of How Not To Operate An Apparel Business
Thursday, December 22, 2016 - 1:08pm | 369Read More...Finish Line Inc (NASDAQ: FINL)'s stock plunged 15 percent on Wednesday, and the decline carried over into Thursday's trading session in reaction to the company's poor third-quarter earnings report. Gadfly's Shelly Banjo hinted that Finish Line's poor results shouldn't necessarily come as a surprise...
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Lululemon Traffic Remains An Outlier In December
Tuesday, December 20, 2016 - 9:22am | 287Read More...Wedbush’s Morry Brown noted that Lululemon Athletica inc. (NASDAQ: LULU)'s momentum has continued in December, while its local-themed collection has received a robust response in Dallas. Brown maintains an Outperform rating on the company, with a price target of $81. Positive Trends “...
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Lululemon Warns Q4 Off To A Slow Start
Thursday, December 8, 2016 - 12:57pm | 259Read More...Lululemon Athletica inc. (NASDAQ: LULU) reported an earnings beat and $100 million stock buyback after the market close on Wednesday. The stock spiked in after-hours trading before leveling off up around 16 percent at $69. BMO Bucks Wall Street Trend: Market Perform In contrast with the market...
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There Are Still Plenty Of Risks Ahead For Lululemon
Thursday, December 8, 2016 - 9:15am | 326Read More...Lululemon Athletica inc. (NASDAQ: LULU) reported strong Q3 results, with the EPS beating expectations, driven by improved gross margin and comps and partly offset by higher SG&A deleverage. Jefferies’ Randal J. Konik maintains a Hold rating on the company, while raising the price target...
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Sell-Side Sentiment Leading Into Lululemon's Earnings
Wednesday, December 7, 2016 - 3:21pm | 234Read More...Lululemon Athletica inc. (NASDAQ: LULU) is set to report Q3 results after the market close Wednesday. While long-term sell-side sentiment for the athletic apparel company varies, the Street is mostly cautious for the long term leading into the short-term catalysts: Cowen analyst Oliver Chen (...
















