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Morgan Stanley Expects 'Holiday Cheer' From Macy's
Thursday, November 20, 2014 - 9:40am | 228Read More...Kimberly Greenberger of Morgan Stanley is expecting Macy's, Inc. (NYSE: M) to deliver an out-performance fourth quarter due to easy comparisons, compelling strategies and a superior omni-channel network. "We are increasingly convinced that Macy's has the merchandise, infrastructure...
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Morgan Stanley Announces Price Target For TJX Companies
Wednesday, November 19, 2014 - 9:15am | 106Read More...In a note published Wednesday, Morgan Stanley analyst Kimberly Greenberger announced a $66 price target for TJX Companies Inc (NYSE: TJX) and maintained an Equal-Weight rating. Following an earnings report that was widely in-line with both guidance and consensus, Greenberger commented, "We vies TJX...
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Morgan Stanley Says Europe & Asia Will Anchor Michael Kors Growth
Thursday, November 13, 2014 - 12:15pm | 225Read More...Kimberly Greenberger of Morgan Stanley met with Michael Kors Holdings Ltd (NYSE: KORS) CEO John Idol and other key executives and left the meeting confident in the company's future prospects, particularly in Europe with Asian sales contributing nicely. North American retail sales...
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Morgan Stanley Remains Bearish On J C Penney, Lowers Price Target
Thursday, November 13, 2014 - 10:05am | 225Read More...Following J C Penney Company Inc's (NYSE: JCP) third quarter results on Wednesday, Kimberly Greenberger of Morgan Stanley reiterated an Underweight rating on the retailer with a price target lowered to $5.50 from a previous $7.50. "While there were a few positive surprises, J.C. Penney's third...
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Morgan Stanley Comments On Retail, Softlines Sector
Friday, November 7, 2014 - 12:16pm | 167Read More...Analysts at Morgan Stanley commented on the retail softlines sector in a research note titled ‘October Recap/November Preview: Real Test Approaching.' Kimberly Greenberger stated, "Numerous negative 3Q data points suggest a clear disconnect between consumer's ability and willingness to spend, with...
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Morgan Stanley On Michael Kors: Reaction Overdone, Buy The Pullback
Wednesday, November 5, 2014 - 10:38am | 268Read More...Michael Kors Holdings Ltd (NYSE: KORS) earned $0.11 per share on revenue of $1.06 billion in its second quarter, both topping analyst expectations. However, shares were punished on Tuesday after the company reported North American comps slowed to a low double-digit growth rate. Kimberly...
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Morgan Stanley Adds Michael Kors To 'Best Ideas' List
Friday, October 31, 2014 - 8:20am | 145Read More...On Friday, Morgan Stanley analysts reiterated the Overweight rating and $105 price target on Michael Kors Holdings Ltd (NYSE: KORS). Analysts at the firm added Michael Kors to Morgan Stanley’s “Best Ideas” list. Kors is scheduled to announce second quarter 2015 earnings on...
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Morgan Stanley: Consumers Choosing Restaurants, iPhones Over Apparel
Tuesday, October 21, 2014 - 1:51pm | 344Read More...Kimberly Greenberger, retail analyst at Morgan Stanley, published a report Tuesday on the state of the consumer and where they are spending their money. According to Greenberger, consumers have clearly signaled thus far in October a preference for electronics and dining out instead of apparel....
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Morgan Stanley Comments on J C Penney Company Inc Following Analyst Day
Thursday, October 9, 2014 - 8:58am | 150Read More...Early Thursday morning, Morgan Stanley analyst Kimberly Greenberger reiterated an Underperform rating an $7 price target for J.C. Penney Company, Inc. (NYSE: JCP). According to Greenberger, J.C. Penney's management highlighted three areas: Center core, Home and Omni-channel, which management...
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Morgan Stanley Sees Stable, Not Stellar September for Retail Softline Sales
Monday, October 6, 2014 - 11:07am | 297Read More...Morgan Stanley issued its Retail and Softlines Sales Preview report Monday which observed “stable” but “not stellar” numbers for September. Analysts led by Kimberley C. Greenberger expressed that “September sales were in-line to slightly below August. Week 1 was...
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Morgan Stanley On Michael Kors Holdings Ltd: Fundamentals Intact, Compelling Valuation
Wednesday, October 1, 2014 - 8:43am | 311Read More...Morgan Stanley's Kimberly Greenberger defended shares of Michael Kors Holdings Ltd (NYSE: KORS) following a recent decline in share prices. "Within the past week KORS dropped five percent on fears of heightened inventory and incremental promotions pressuring gross margin," Greenberger wrote...
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Lululemon Athletica inc. Rallies But Fails To Impress Analysts
Friday, September 12, 2014 - 11:34am | 302Read More...Lululemon Athletica inc. (NASDAQ: LULU) shares opened sharply higher Friday on both an apparent short squeeze and investor enthusiasm for better-than-expected second-quarter results. But better than expected for Vancouver-based Lululemon, meant flat same-store sales that left a number of...
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Best Buy Earnings Preview: Is The Turn-Around Still On Track?
Monday, August 25, 2014 - 2:20pm | 1010Read More...Best Buy (NYSE: BBY) will report its second quarter results before markets open on Tuesday, August 26. Best Buy last reported its quarterly results on May 22. The retailer earned $0.33 per share, topping analyst expectations by $0.13. However, revenue declined 3.4 percent from a year ago to $9....
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Macy's Shares Higher As Morgan Stanley Adds To 'Best Ideas' List
Wednesday, August 6, 2014 - 8:21am | 194Read More...Shares of Macy's (NYSE: M) have received a bump Wednesday morning as Morgan Stanley analyst Kimberly Greenberger reiterated an Overweight rating, raised the price target from $60 to $66 and added the stock to the firm's "Best Ideas" list. In the note, Greenberger called Macy...
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Morgan Stanley: Michael Kors A 'Best Idea' Investment
Tuesday, August 5, 2014 - 12:05pm | 629Read More...Shares of Michael Kors (NYSE: KORS) traded lower by more than five percent on Monday following the company's first quarter results. While investors may have been spooked by Michael Kors' tightening margins guidance as the company continues to invest in more European stores, some...



