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UPDATE: Sterne Agee Reiterates On TJX Companies Following In-line Q3, Lowered Q4 Guidance
Wednesday, November 19, 2014 - 11:20am | 119Read More...In a report published Wednesday, Sterne Agee analyst Ike Boruchow reiterated a Neutral rating on The TJX Companies (NYSE: TJX), and raised the price target from $58.00 to $60.00. In the report, Sterne Agee noted, “TJX delivered an inline Q3 print - with comps varying by concept (HomeGoods beats,...
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Analysts: TJX Companies Facing Easy Q4 Comps
Wednesday, November 19, 2014 - 11:18am | 398Read More...TJX Companies Inc (NYSE: TJX) rosy holiday shopping outlook and easy comparisons with the year-earlier period should result in impressive fourth-quarter gains, an analyst said Wednesday. "Results from the past two quarters have restored investor confidence" following a period of...
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Sterne Agee Lowers Urban Outfitters Price Target
Wednesday, November 19, 2014 - 10:05am | 181Read More...In a note out Wednesday, Sterne Agee lowered its price target on Urban Outfitters, Inc. (NASDAQ: URBN) from $32 to $30, with a Neutral rating on the shares. Sterne Agee analyst Ike Boruchow said that, "Despite a negative pre-announcement on 10/16, URBN still meaningfully missed Q3 EPS due to weaker...
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Sterne Agee Sees Turnaround For Retail Stocks
Tuesday, September 16, 2014 - 4:31pm | 322Read More...Retailers for much of 2014 have been among the least-loved stocks on Wall Street. But improving results posted in the recently ended second-quarter earnings season could help turn that around. Notwithstanding basket cases such as RadioShack Corporation (NYSE: RSH), soap-opera stories from the...
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Ulta Salon, Cosmetics & Fragrance, Inc. Rallies On 5-Year Plan; Analysts Applaud
Friday, September 12, 2014 - 2:22pm | 281Read More...Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ: ULTA) gained more than 20 percent Friday after the company unveiled a five-year plan for impressive growth. Analysts broadly applauded the Bolingbrook, Illinois, retailer and salon service provider's business goals, which suggest 2019...
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3 Analysts Weigh In On Michael Kors; Concerned With Clearance Sales
Tuesday, July 15, 2014 - 4:32pm | 161Read More...A number of analysts released coverage on Michael Kors (NYSE: KORS) Tuesday, stating concerns of margin stability, increased inventory and discounted products. Maxim downgraded Michael Kors from Buy to Hold with a price target cut from $109 to $85 a share. Analyst Rick Synder noted concerns of...
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Sterne Agee States Concerns On Michael Kors
Tuesday, July 15, 2014 - 11:39am | 163Read More...In a report released Tuesday, Sterne Agee analyst Ike Boruchow released updated coverage Michael Kors (NYSE: KORS), stating concerns of margins and growth focus in Europe. Boruchow reiterated his Neutral rating and $92.00 price target. Boruchow believes Michael Kors will struggle to maintain...
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L Brands Shines In Tough Retail Space
Friday, May 23, 2014 - 12:41pm | 432Read More...Analysts are optimistic on L Brands' (NYSE: LB) future following solid first quarter results in a tough retail space. Long-term opportunities reign in the bulls. Summary of First Quarter Results EPS came in at $0.53, a 10 percent increase from 1Q13 results of $0.48. The company reported $...
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UPDATE: Sterne Agee Downgrades Urban Outfitters on Decreasing Brand Confidence
Monday, December 2, 2013 - 11:19am | 127Read More...In a report published Monday, Sterne Agee analyst Ike Boruchow downgraded the rating on Urban Outfitters (NASDAQ: URBN) from Buy to Neutral, and lowered the price target from $45.00 to $42.00. In the report, Sterne Agee noted, “We are lowering estimates and downgrading shares of URBN to Neutral...
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UPDATE: Sterne Agee Upgrades Tiffany & Co. on Compelling Entry Point from Recent Pullback
Thursday, October 10, 2013 - 9:37am | 129Read More...In a report published Thursday, Sterne Agee analyst Ike Boruchow upgraded the rating on Tiffany & Co. (NYSE: TIF) from Neutral to Buy, and reiterated the $86.00 price target. In the report, Sterne Agee noted, “We are upgrading TIF to Buy. The company has a highly visible margin recapture...
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UPDATE: Sterne Agee Initiates Coverage on Urban Outfitters on Continued Brand Strength
Friday, September 13, 2013 - 9:12am | 127Read More...In a report published Friday, Sterne Agee analyst Ike Boruchow initiated coverage on Urban Outfitters (NASDAQ: URBN) with a Buy rating and $45.00 price target. In the report, Sterne Agee noted, “We are initiating coverage of URBN with a Buy rating and $45 PT (20-21x 2014E EPS). While a recent...
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UPDATE: Sterne Agee Downgrades Sally Beauty Holdings on Multiple Negative Factors
Tuesday, July 23, 2013 - 11:19am | 114Read More...In a report published Tuesday, Sterne Agee analyst Ike Boruchow downgraded Sally Beauty Holdings (NYSE: SBH) from Buy to Neutral, but reiterated the $31.00 price target. In the report, Sterne Agee noted, “We are lowering our rating on SBH to Neutral from Buy. While long-term fundamentals of the...
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UPDATE: Sterne Agee Raises PT on The Gap on Strong June
Friday, July 12, 2013 - 10:08am | 122Read More...In a report published on Friday, Sterne Agee analyst Ike Boruchow raised the price target on The Gap (NYSE: GPS) from $35 to $40 and maintained an Underperform rating. In the report, Sterne Agee stated, "We are raising estimates to reflect GPS's third straight +7% monthly comp (on the company's...
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UPDATE: Sterne Agee Raises PT on Fifth & Pacific on Compelling Risk/Reward
Monday, June 24, 2013 - 10:59am | 124Read More...In a report published on Monday, Sterne Agee analyst Ike Boruchow raised the price target on Fifth & Pacific (NYSE: FNP) from $26 to $28 and reiterated a Buy rating. In the report, Sterne Agee stated, "FNP remains a top pick. We have examined different growth scenarios for the Kate Spade...
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UPDATE: Sterne Agee Raises PT on Ulta Salon, Cosmetics & Fragrance Following Management Meetings
Tuesday, June 18, 2013 - 11:14am | 142Read More...In a report published Tuesday, Sterne Agee analyst Ike Boruchow reiterated a Buy rating on Ulta Salon, Cosmetics & Fragrance (NASDAQ: ULTA), and raised the price target from $100.00 to $104.00. In the report, Sterne Agee noted, “We hosted meetings at ULTA HQ with senior management....

