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Why Morgan Stanley Believes Ralph Lauren's New CEO Will Be 'Positive' For The Stock
Wednesday, September 30, 2015 - 7:57am | 317Read More...Shares of Ralph Lauren Corp (NYSE: RL) have declined over 44 percent year-to-date, from the high of $186.23 achieved on December 30, 2014. Morgan Stanley’s Jay Sole has maintained an Equal-weight rating on the company. Ralph Lauren has named Stefan Larsson as the new CEO, an...
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Nike Scores 'Touchdown' In Financial Arena
Friday, September 25, 2015 - 8:31am | 251Read More...Nike Inc (NYSE: NKE) shares are up 19 percent year-to-date and are trading close to the higher end of their 52-week range of $79.27 - $117.72. Morgan Stanley’s Jay Sole maintained an Overweight rating on the company, while raising the price target to $130. Nike continues to be a...
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Morgan Stanley: It's Hard Not To Like Under Armour's Story
Thursday, September 17, 2015 - 8:29am | 350Read More...The share price of Under Armour Inc (NYSE: UA) has increased 51.27 percent year-to-date. Morgan Stanley’s Jay Sole has maintained an Equal-weight rating on the company. Under Armour’s analyst day has increased Sole’s confidence in the company becoming the No. 2...
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The Most Sustainable Apparel & Footwear Companies Might Surprise You
Thursday, August 20, 2015 - 3:42pm | 393Read More...According to a new report by Morgan Stanley analyst Jay Sole, Nike Inc (NYSE: NKE), Hanesbrands Inc. (NYSE: HBI) and VF Corp (NYSE: VFC) are the top companies among apparel and footwear names when it comes to managing environmental, social and governance (ESG) issues. The three companies...
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Morgan Stanley Says Athletic Footwear Is 'The Trend To Play' During Earnings Season
Friday, July 17, 2015 - 11:31am | 382Read More...In a new report, Morgan Stanley calls athletic footwear “the trend to play” during Q2 earnings season. Analyst Jay Sole suggests two pair trades in the space that the firm believes will allow traders to capture outperformance while limiting overall risk. Strong Trends According to...
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Morgan Stanley Reiterates Equal-Weight, Lowers PT On PVH On Reset EPS Expectations
Monday, March 30, 2015 - 7:51am | 96Read More...In a report published Monday, Morgan Stanley analyst Jay Sole reiterated an Equal-Weight rating on PVH Corp. (NYSE: PVH), but lowered the price target from $120.00 to $115.00. In the report, Morgan Stanley noted, "PVH reset EPS expectations. It also indicated increasing brand and systems investment...
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Morgan Stanley Believes Steven Madden 4Q Report Shows Progress, But Rebound Is Already Priced-In
Wednesday, February 25, 2015 - 10:44am | 86Read More...In a report published Wednesday, Morgan Stanley analyst Jay Sole reiterated an Equal-Weight rating and $35.00 price target on Steven Madden, Ltd. (NASDAQ: SHOO). In the report, Morgan Stanley noted, "New footwear fashion trends are emerging, which should stimulate double-digit 2H15 SHOO EPS growth...
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Morgan Stanley Bullish On Under Armour's 'Connected Fitness' Strategy, Hikes Bull Case Price Target
Monday, February 23, 2015 - 9:48am | 283Read More...In a report published Monday, Morgan Stanley analyst Jay Sole commented that Under Armour Inc's (NYSE: UA) "connected fitness" strategy could become worth billions of dollars under the right circumstances. Shares are Equal-weight rated with a $68 price target. Sole noted that...
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Morgan Stanley Reiterates Equal-Weight, Raises Price Target On Wolverine World Wide As Somewhat Negative Bias Turns Neutral
Wednesday, February 18, 2015 - 11:00am | 99Read More...In a report published Wednesday, Morgan Stanley analyst Jay Sole reiterated an Equal-Weight rating on Wolverine World Wide, Inc. (NYSE: WWW), and raised the price target from $28.00 to $29.00. In the report, Morgan Stanley noted, "FX and West Coast port issues overhang, but 4Q14 fundamentals showed...
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Here's Why Morgan Stanley Downgraded Deckers Outdoor
Monday, February 9, 2015 - 9:56am | 192Read More...Jay Sole of Morgan Stanley on Monday downgraded shares of Deckers Outdoor Corp (NYSE: DECK) to Equal-weight with an $82 price target, as the stock lacks the necessary drivers needed to warrant an Overweight rating. "Deckers Outdoor has fallen 11 percent since its 3Q report, but we don'...
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Morgan Stanley Analyst: Ralph Lauren Selloff 'Not An Over-Reaction'
Thursday, February 5, 2015 - 12:37pm | 323Read More...Ralph Lauren Corp (NYSE: RL) traded near a 52-week low Thursday after the company missed fiscal third-quarter expectations and cut its outlook. The apparel wholesaler and retailer changed hands recently at $141.82, up 1.5 percent. The shares are down more than 16 percent since Wednesday. The...
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Morgan Stanley Reiterates Equal-Weight Rating, Lowers Price Target On Ralph Lauren On Surprising EPS Miss
Thursday, February 5, 2015 - 10:56am | 92Read More...In a report published Thursday, Morgan Stanley analyst Jay Sole reiterated an Equal-Weight rating on Ralph Lauren Corp. (NYSE: RL), but lowered the price target from $181.00 to $145.00. In the report, Morgan Stanley noted, "RL delivered a surprising EPS miss. It also gave very weak 4Q15 and FY16...
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Morgan Stanley: Decline In Nike A Chance To Accumulate Shares That Are 'Ultimately Headed Much Higher'
Friday, December 19, 2014 - 11:15am | 195Read More...Jay Sole of Morgan Stanley commented in a note on Friday that Nike Inc's (NYSE: NKE) second quarter earnings per share not only grew by 25 percent, but suggests the company can deliver at least mid-teens growth throughout fiscal 2015. “Nike's second quarter report underscored why we have high...
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Analysts: Finish Line Rebounds From Q2 Basketball Trouble
Monday, December 15, 2014 - 11:54am | 352Read More...Finish Line Inc (NASDAQ: FINL) shares are down more than 9 percent in the past three months, but the company's business is in recovery mode, a couple of analysts said Monday. The athletic shoe retailer's shares plunged in September after it failed to anticipate a shift in consumer...
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Footwear Pair Trades From Morgan Stanley; UGG Boots Are A 'Top Holiday Gift'
Monday, December 8, 2014 - 5:12pm | 354Read More...Morgan Stanley issued an analyst note Monday and proposed a pair trade in branded apparel and footwear along with comments on companies in the sector. Analysts Jay Sole and Joseph Watt commented that their favorite pair trade ideas included: Nike Inc (NYSE: NKE) over Under Armour Inc (NYSE:...




