Robert Ohmes

On Tuesday, analysts at Bank of America raised the price target on shares of Nike Inc (NYSE: NKE) from $100 to $110 and maintained the Buy rating. The price target increase is a result of an athletic rebound in the Chinese market. Analysts find the rebound In China is supported by the...

As store traffic remains weak, retailers may be forced to maintain an elevated promotional environment going in to the all important winter holiday shopping season. Robert Ohmes of Bank of America published an industry wide report on Thursday. Ohmes believes that substitute purchases to apparel...

In a note released Friday morning, Bank of America analyst Robert Ohmes raised the price objective on Nike Inc (NYSE: NKE) from $88 to $92 and maintained a Buy rating. Ohmes noted Nike is still the leader in the global athletic cycle, a position he said the company is able to maintain primarily...

Analysts at Bank of America downgraded shares of PVH Corp (NYSE: PVH) from Neutral to Underperform with a $125 price target. Analysts point out three concerns moving forward: Unfavorable risk/reward. Robert Ohmes stated,”PVH is now trading at over 15x our below consensus F16 EPS...

In a report published Friday, Bank of America analyst Robert Ohmes raised the price objective on Columbia Sportswear Company’s (NASDAQ: COLM) from $50.00 to $58.00 and maintained a Sell rating. According to the report, the current price objective is 16 times its 2015E EPS. The move was due in...

In a report published Friday, Bank of America analyst Robert Ohmes raised Dicks Sporting Goods, Inc. (NYSE: DKS) price objective from $65.00 to $68.00. According to the report, the raise is 18 to 19 times their F16 EPS estimate of $3.60. BofA’s outlook is supported by DKS’s sustainable long-...

In a report published Friday, Bank of America analyst Robert Ohmes raised Foot Locker, Inc. (NYSE: FL) price objective from $43.00 to $45.00. According to the report, FL’s current price objective is 13 to 14 times the F2016 EPS estimate of $3.30. The move to raise it was due in part to...

In a report published Friday, Bank of America Merrill Lynch analyst Robert Ohmes raised the price objective on Under Armour, Inc. (NYSE: UA) from $85.00 to $95.00 and maintained a Buy rating. According to the report, UA's price objective raise is 41 to 42 times their C15 EPS estimate of $2.30, a...

In a report published Friday, Bank of America analyst Robert Ohmes raised the price objective on VF Corp (NYSE: VFC) from $62.50 to $70.00 and maintained a Buy rating. According to the report, VFC’s decision to raise the price objective was supported by their DCF analysis and is based on 20...