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Canada Goose Heats Up After Q2 Sales Beat: A Sell-Side Roundup
Thursday, November 15, 2018 - 5:17pm | 685Read More...Canada Goose Holdings Inc (NYSE: GOOS) posted a big second-quarter sales beat Wednesday, and shares of the Canadian apparel company are now up over 100 percent year-to-date. BofA: 'Plenty Of Room To Grow' Bank of America analyst Robert Ohmes reiterated a Buy rating on Canada...
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Wells Fargo Turns Bullish On L Brands, Names 5 Turnaround Ideas
Monday, November 12, 2018 - 12:25pm | 479Read More...L Brands Inc (NYSE: LB) shares traded near the $100 per share level in late 2015 and early 2016, but have since fallen around 65 percent due to multiple execution missteps, according to Wells Fargo. Yet the bullish case for the parent company of Victoria's Secret can now be made for four key...
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Analysts Bullish On Farfetch After September IPO
Tuesday, October 16, 2018 - 2:50pm | 469Read More...After a tremendously successful September IPO, shares of online luxury retailer Farfetch Ltd (NASDAQ: FTCH) have cooled in the past month. Sell-side analysts were weighing in on the stock now that the quiet period has expired, which gave the shares a boost. Here’s a sampling of what analysts...
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Stitch Fix Shares Plummet 30%: 'Q4 Results Did Not Come In As Bulls Had Hoped'
Tuesday, October 2, 2018 - 11:30am | 530Read More...Personal styling company Stitch Fix, Inc. (NASDAQ: SFIX) reported fourth-quarter earnings Monday. The company reported 2.74 million active clients, a 25-percent year-over-year increase, sales of $318.3 million and adjusted earnings per share of 17 cents. The Analysts Wells...
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Lululemon Has Growth Opportunities In Men's, International, Wells Fargo Says In Upgrade
Monday, September 17, 2018 - 5:14pm | 510Read More...Lululemon athletica, inc. (NASDAQ: LULU) received a vote of confidence Monday from a Wall Street analyst. The Analyst Wells Fargo analyst Ike Boruchow upgraded Lululemon from Market Perform to Outperform and raised the price target from $144 to $200. The Thesis After hosting a...
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Urban Outfitters' Record Q2: The Sell-Side's Take
Wednesday, August 22, 2018 - 2:36pm | 698Read More...With Urban Outfitters Inc (NASDAQ: URBN) coming off a strong second-quarter earnings beat and record sales, Wall Street analysts came in droves to discuss the retailer's future prospects. Analyst Ratings: Nomura analyst Simeon Siegel maintained a Neutral rating on Urban Outfitters...
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Dicks Sporting Goods Upgraded On 'Lone Survivor' Play
Wednesday, January 3, 2018 - 4:43pm | 599Read More...Retail is experiencing a huge sentiment shift amongst analysts after an encouraging holiday season at traditional brick-and-mortar stores. After multiple years of challenging fundamentals and investor skepticism, Wells Fargo now sees a "somewhat favorable" setup for retail in 2018....
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Wells Fargo Calls A Peak In Discount Retail, Downgrades TJ Maxx's Parent Co.
Wednesday, January 3, 2018 - 12:39pm | 452Read More...The case for owning off-price retail stocks like TJX Companies Inc (NYSE: TJX) two years ago no longer applies today for one key reason, at least according to Wells Fargo. The Analyst Wells Fargo's Ike Boruchow downgraded TJX Companies' stock from Outperform to Market Perform...
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Ulta Beauty Investors Failing To Reward Stock For Tax Tailwinds, Says Wells Fargo
Wednesday, January 3, 2018 - 12:23pm | 418Read More...Beauty product retailer Ulta Beauty Inc (NASDAQ: ULTA) stands to be a major beneficiary of the corporate tax cut, and the Street may not be fully appreciating this tailwind, according to Wells Fargo. The Analyst Wells Fargo's Ike Boruchow upgraded Ulta's stock rating from Market...
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Q3 Guidance Fell Down And Broke Its Crown, Now J.Jill Stock Is Tumbling After
Thursday, October 12, 2017 - 1:45pm | 453Read More...J.Jill Inc (NYSE: JILL) shares took a tumble on Thursday after the women's apparel retailer preannounced an earnings shortfall after the market close on Wednesday. Wells Fargo lowered its price target for J.Jill from $12 to $10 and reiterated its Market Perform rating on the shares....
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L Brands: 4 Reasons For Concern
Thursday, August 17, 2017 - 12:29pm | 334Read More...L Brands Inc (NYSE: LB) shares hit a new 52-week low, dropping more than 10 percent Thursday after cutting its FY17 EPS outlook, despite delivering a second-quarter earnings beat. The specialty retailer also expects to third quarter earnings to come in below consensus estimates, 25–30 cents...
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Under Armour Clears The Bar, Some Still Waving Red Flags
Sunday, April 30, 2017 - 10:23pm | 616Read More...Commenting on Under Armour Inc (NYSE: UAA)'s first-quarter results, Wells Fargo Securities said the company cleared the low bar, although it cautioned that red flags still abound. Q1 Print Analysts Tom Nikic and Ike Boruchow noted the company's first-quarter sales and earnings per share...
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Signet's Credit Catalyst Begins To Gain Clarity
Friday, March 10, 2017 - 1:45pm | 383Read More...Wells Fargo reaffirmed its Outperform rating on Signet Jewelers Ltd. (NYSE: SIG) as the company’s credit catalyst is gaining clarity and there are multiple compelling growth drivers. Ike Boruchow said Signet sounded like it's “pretty far along” in its credit review process and...
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Wells Fargo's Retail Analyst Is Bullish On The Sector: Here's Why
Monday, February 27, 2017 - 3:38pm | 396Read More...Ike Boruchow, Wells Fargo's retail analyst, has plenty of company among his analyst peers in painting a dire picture of the retail sector. However, where the analyst differs from many others in the sense that he is optimistic on the segment over the long term. Speaking as a guest on CNBC's "...
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One Last Flash Sale? Wells Fargo Weighs In On Kate Spade Takeover Talk
Thursday, February 16, 2017 - 4:30pm | 371Read More...Shares of Kate Spade & Co (NYSE: KATE) gained more than 12 percent on Thursday after the company confirmed it is evaluating strategic alternatives. Various media reports suggested late last year that the company is preparing for a sale of itself and expects to start a bidding process in the...















