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Hasbro Consensus Estimates Appear Conservative, Does Not Reflect Success Of Digital Gaming Strategy, Says Bullish Analyst
Friday, June 14, 2024 - 12:09pm | 276Hasbro Inc (NASDAQ:HAS) shares were climbing Friday morning, with more analysts turning bullish on the stock. The current consensus does not fully reflect the success of the company's digital gaming strategy with Monopoly Go!, according to BofA Securities. The Hasbro Analyst: Alexander Perry...
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Auto Aftermarket Company Holley Has A 'Buy' Rating And A 'Strong Portfolio,' Analyst Says
Wednesday, June 22, 2022 - 10:34am | 199Holley Inc. (NYSE: HLLY) is poised to benefit from the significant whitespace in the $35 billion performance automotive aftermarket, while there is also potential for acquisition-driven upside, according to Bank of America Securities. The Holley Analyst: Alexander Perry initiated coverage of Holley...
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Could A Buy Rating From BofA Make Clarus Stock Reach A Peak?
Tuesday, December 21, 2021 - 12:14pm | 301Clarus Corp (NASDAQ: CLAR) has a unique portfolio of “Super Fan” leisure brands and is poised to benefit from the trend of “solitary leisure,” according to BofA Securities. The Clarus Analyst: Alexander Perry initiated coverage of Clarus with a Buy rating and a price target...
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BofA Downgrades Hibbett On Lower Stimulus, Inventory Challenges
Thursday, December 2, 2021 - 12:45pm | 272Hibbett Inc (NASDAQ: HIBB) is likely to witness a decline in consumer demand from January, given the end of government stimulus payments and rising inflation, according to BofA Securities. The Hibbett Analyst: Alexander Perry downgraded the rating for Hibbett from Buy to Neutral, while reducing the...
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Columbia Sportswear Analyst Downgrades Retailer On Supply Chain Woes
Tuesday, October 5, 2021 - 11:20am | 270Columbia Sportswear Company’s (NASDAQ: COLM) growing footwear business has outsized exposure to delays in wholesale shipments in the first half of 2022 due to global supply chain constraints, according to BofA Securities. The Columbia Sportswear Analyst: Alexander Perry downgraded ...
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Funko Stock Jumps After Double Upgrade, Analyst Raises Price Target By 150%
Thursday, May 13, 2021 - 11:56am | 479Shares of toy and collectible maker Funko Inc (NASDAQ: FNKO) jumped 8% on Thursday morning after the stock landed a double upgrade on Wall Street. The Analyst: Bank of America analyst Alexander Perry upgraded Funko from Underperform to Buy and raised his price target from $12 to $30. Related Link...
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Why Did BofA Upgrade Columbia Sportswear Stock?
Monday, March 22, 2021 - 12:11pm | 333A strong sell-through, helped by cold weather conditions in January and February, should support channel restocking and lend upside to Columbia Sportswear Company’s (NASDAQ: COLM) Fall 2021 order book, according to BofA Securities. The Columbia Sportswear Analyst: Alexander Perry upgraded the...
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Why This Columbia Sportswear Analyst Is No Longer Bullish
Wednesday, December 9, 2020 - 1:21pm | 267Columbia Sportswear Company (NASDAQ: COLM) faces a more challenging near- and medium-term outlook than previously anticipated, according to BofA Securities. The Columbia Sportswear Analyst: Alexander Perry downgraded Columbia Sportswear from Buy to Neutral and lowered the price target from $100 to...
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BofA Raises Hibbett Sports Price Target After Q3, Says Retailer Well-Positioned For Holidays
Monday, November 23, 2020 - 3:43pm | 318Hibbett Sports, Inc. (NASDAQ: HIBB) reported robust results for the fiscal third quarter, with little impact of government stimulus, and appears poised to perform well during the holiday season, according to BofA Securities. The Hibbett Sports Analyst: Alexander Perry maintained a Buy rating on...
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BofA Upgrades Hibbett Sports On Retailer's Pandemic Positioning
Thursday, July 2, 2020 - 5:39pm | 458Athleisure and footwear retailer Hibbett Sports, Inc. (NASDAQ: HIBB) boasts a strong omnichannel business that should translate to an accelerating market share gains amid the COVID-19 pandemic, according to BofA Securities. The Hibbett Sports Analyst: Alexander Perry upgraded Hibbett Sports from...
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Nike Picks Up Orders In Times Of Distress, Analyst Says In Upgrade
Friday, March 20, 2020 - 9:15am | 372Nike Inc (NYSE: NKE), like many of its major distributors, has temporarily shuttered stores to help fight the spread of the coronavirus. Distributors that remain open continue to lose foot traffic as customers practice precautionary isolation. The resulting sales cut doesn’t look great on the...
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Pop! And Dropped: Funko Plummets On Earnings, But Analysts Stay Bullish
Saturday, November 2, 2019 - 12:07pm | 509Funko Inc (NASDAQ: FNKO) shares fell more than 15% Friday after reporting a third-quarter earnings miss and guidance that came in below Street estimates. Funko reported adjusted quarterly earnings of 38 cents per share, which beat the consensus estimate of 32 cents. The company reported...
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Bank Of America Likes Funko After 2019 Guidance Raise
Friday, August 9, 2019 - 2:59pm | 394Funko Inc (NASDAQ: FNKO) shares are moving higher despite delivering a mixed second-quarter earnings report on Thursday. Second-quarter adjusted earnings came in at 25 cents per share, better than the analyst consensus estimate of 7 cents. Sales came in at $191.2 million, beating estimates by $20....