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Argus Turns Bullish On Abercrombie, Sees Upside To $25
Friday, January 19, 2018 - 10:45am | 383Read More...Abercrombie & Fitch Co. (NYSE: ANF) bottomed last year at $8.81, but shares have since rebounded to nearly $20. Despite the more than doubling in value, at least one Wall Street analyst sees further upside ahead on the basis of the retailer's turnaround plan. The Analyst Argus...
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Out Of Style: Abercrombie & Fitch Gets A Downgrade
Wednesday, November 1, 2017 - 10:26am | 438Read More...Analysts at JPMorgan recently met with members of Abercrombie & Fitch Co. (NYSE: ANF)'s executive team, including its CEO Fran Horowitz, which ultimately resulted in a downgrade of the stock. The firm's Matthew Boss downgraded Abercrombie's stock rating from Neutral to Underweight with a price...
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American Eagle Is A Standout In The Teen Apparel Space
Monday, February 27, 2017 - 3:49pm | 301Read More...The specialty teen retailer space is perhaps the most difficult segment to thrive in, but one company is doing exactly that. As noted by CNBC, American Eagle Outfitters (NYSE: AEO)'s Aerie segment has now shown investors five consecutive quarters of more than 20 percent comparable sales growth...
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Abercrombie Poised For Worst Holiday Teen Retail Performance
Tuesday, December 13, 2016 - 9:26am | 320Read More...Monday was a rough day for Abercrombie & Fitch Co. (NYSE: ANF) shareholders as the stock lost nearly 7 percent and was within striking distance of its 52-week lows of $14.00. Investors hoping for some support from Wall Street analysts were likely disappointed again as Eric Beder of Wunderlich...
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'Underlying Trends Remain Robust' Says Wunderlich On American Eagle
Thursday, December 1, 2016 - 9:35am | 429Read More...Wunderlich reiterated its Buy rating on American Eagle Outfitters (NYSE: AEO) despite the fact that
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How Did Teen Retailers Fare In Q3?
Friday, November 18, 2016 - 2:44pm | 753Read More...A positive start to the retail earnings season and the broader market rally set in motion by the U.S. presidential election results have proved salubrious for retail stocks in recent sessions. This is evident from the roughly 10 percent gain notched up the SPDR S&P Retail (ETF) (NYSE: XRT)...
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MKM 'Incrementally Positive' On Five Below After Meeting With Management
Monday, September 12, 2016 - 1:11pm | 375Read More...MKM Partners' Patrick McKeever recently met with Five Below Inc (NASDAQ: FIVE) management team and came away "incrementally bullish" for multiple reasons. First, McKeever noted he was "particularly impressed" with Five Below's Chief Merchant Michael Romanko as he has...
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Why These Analysts Say Buy Five Below For Cheap After Light Guidance Sparks Sell-Off
Tuesday, September 6, 2016 - 10:01am | 488Read More...Five Below Inc (NASDAQ: FIVE), a specialty teen retailer that sells all items for $1 to $5 a piece, saw its stock dip after its second-quarter comp increase fell short of expectations, and the company's third quarter sales guidance implies a lower rate of growth. Following the selloff, several Wall...
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Five Below Reports 41st Consecutive Quarter Of Comps Growth; RBC Analysts Are 'Aggressive Buyers'
Thursday, September 1, 2016 - 2:10pm | 321Read More...Five Below Inc (NASDAQ: FIVE) reported on Wednesday its second-quarter results, which consisted of not only top- and bottom-line beats but was the 41st consecutive quarter of positive comps. Scot Ciccarelli of RBC Capital Markets pointed out the Five Below's comp streak in a research report. The...
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The Struggle Is Real For Malls As Teen Retail Bankruptcies Pile Up
Friday, August 19, 2016 - 10:58am | 360Read More...The world seems to be changing faster than teen retailers can adjust. A number of popular brands have already declared bankruptcy, and several others could be next. Since the beginning of 2015, four major teen retailers have opted for bankruptcy: Seal123 Inc (OTC: WTSLQ) (Wet Seal) filed...
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Aeropostale's Stock Plunges Following Bloomberg Report Company Is Preparing To Declare Bankruptcy
Thursday, April 21, 2016 - 1:44pm | 141Read More...Shares of Aeropostale Inc (NYSE: ARO) plunged to a new 52-week low of $0.16 on Thursday following media reports the company is expected to declare bankruptcy. Aeropostale said in mid-March it is exploring strategic alternatives, including a sale of itself. However, Bloomberg reported that the...
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Pacific Sunwear Killed By Bloomberg Bankruptcy Prep Report
Tuesday, April 5, 2016 - 9:59am | 272Read More...Shares of Pacific Sunwear of California, Inc. (NASDAQ: PSUN) plunged nearly 40 percent early Tuesday morning following a report by Bloomberg the company is preparing to file for Chapter 11 bankruptcy. The Boston Globe, citing Bloomberg's report, noted that a Chapter 11 filing could come as early as...
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Urban Outfitters Impresses Investors With Encouraging Sales Growth Commentary
Friday, April 1, 2016 - 8:42am | 161Read More...Shares of Urban Outfitters, Inc. (NASDAQ: URBN) spiked higher after Thursday's market close as investors found the company's regulatory 10-K release to be a bullish indicator of the near-term prospects. Urban Outfitters stated in its 10-K release that "thus far" during the first quarter, comparable...
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Abercrombie & Fitch Surges 9% Following Better-Than-Expected Earnings, Guidance
Wednesday, March 2, 2016 - 9:46am | 268Read More...Shares of Abercrombie & Fitch Co. (NYSE: ANF) were trading higher by more than 9 percent after the company reported its fourth quarter results. Abercrombie said it earned $1.08 per share in the fourth quarter on revenue of $1.113 billion. Wall Street analysts were expecting the company to earn...
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Vetr Crowd Downgrades Urban Outfitters, Majority Bearish
Wednesday, February 17, 2016 - 12:37pm | 190Read More...Shares of Urban Outfitters, Inc. (NASDAQ: URBN) have gained more than 15 percent since the start of 2016 but are still lower by more than 30 percent over the past year. Teen retailers remain a hotly debated contest between the bulls and bears but Vetr top raters took a stance and downgraded Urban...
