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Why This Foot Locker Analyst Is Encouraged By New CEO
Friday, August 19, 2022 - 12:24pm | 273Foot Locker, Inc (NYSE: FL) unexpectedly announced the departure of current CEO Richard Johnson and named former Ulta Beauty Inc (NASDAQ: ULTA) CEO Mary Dillon as his replacement, which is a “thesis changing move,” according to BofA Securities. The Foot Locker Analyst: Lorraine...
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3 Analysts' Key Takeaways From Lululemon Athletica's Q1 Print
Friday, June 3, 2022 - 11:30am | 372Lululemon Athletica Inc (NASDAQ: LULU) reported revenues of $1.61 billion, ahead of the consensus estimate of $1.53 billion, and earnings of $1.48 per share, exceeding Street expectations of $1.43 per share. Wells Fargo On Lululemon Athletica: Analyst Ike Boruchow maintained an Equal Weight...
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Why This Columbia Sportswear Analyst Is Turning Bullish
Friday, January 28, 2022 - 12:48pm | 233Columbia Sportswear Company (NASDAQ: COLM) seems to be better positioned than was earlier anticipated for the second half of 2022, according to Seaport Research Partners. The Columbia Sportswear Analyst: Mitch Kummetz upgraded the rating for Columbia Sportswear from Neutral to Buy, while...
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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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Nike Down Before Earnings On Heavy Options Volume
Monday, December 20, 2021 - 4:28pm | 541Nike Inc (NYSE: NKE) is down more than 3% on the day heading into its earnings release, after the market closes today. As the COVID-19 omicron variant concerns continue to pop up in multiple countries, options traders are looking bearish on Nike, potentially over fears travel and holiday...
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Could Under Armour's Stock Be Positioned For Significant Upside Ahead Of Earnings?
Monday, August 2, 2021 - 12:12pm | 287Baird added Under Armour Inc (NYSE: UAA) to its positive fresh picks list Monday. The firm called it a catch-up trade and announced it sees $30 upside potential for the stock. Jim Cramer said he liked the Under Armour call by Baird, Monday on CNBC's "Squawk On The...
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Why Lululemon Stock Should Be Bought At Its Current Price
Wednesday, July 14, 2021 - 12:46pm | 281Investors should buy Lululemon Athletica Inc (NASDAQ: LULU) stock, Jim Cramer said Wednesday on CNBC's "Squawk On The Street." What Happened: Goldman Sachs analyst Brooke Roach initiated coverage of Lululemon with a Conviction Buy rating and announced a price target of...
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Lululemon's Prospects Remain Fit
Wednesday, March 31, 2021 - 3:05pm | 639Athletic apparel maker Lululemon Athletica Inc (NASDAQ: LULU) reported fourth-quarter results that came in better than expected but were overshadowed by management's outlook of higher investments in 2021. The Lululemon Analysts: Wells Fargo analyst Ike Boruchow maintains a Hold rating on...
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Is Nike's Stock Still A Buy At All-Time Highs? The Street Debates
Monday, December 21, 2020 - 11:25am | 636Nike Inc (NYSE: NKE) reported fiscal second-quarter results that came in better-than-expected and sent shares running to new all-time highs. The Analysts: Needham analyst Rick Patel maintains a Buy rating on Nike's stock with a price target lifted from $149 to $165. Raymond James analyst...
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Analysts Mostly Impressed With Nike's China Recovery
Wednesday, March 25, 2020 - 4:30pm | 794Nike Inc (NYSE: NKE) reported fiscal third-quarter results that came in better than expected and prompted a rally in the stock. Here is a summary of how some of the Street's top analysts reacted to the print and management's commentary. 5 Takeaways The five main takeaways from Nike...
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Analyst Talks Nike's Leadership Shuffle
Wednesday, February 19, 2020 - 5:39pm | 380Nike Inc (NYSE: NKE) announced Tuesday a handful of leadership changes, including a new CFO, COO, and president of consumer and marketplace. According to BMO Managing Director Simeon Siegel, Nike is demonstrating the strength of its management roster. What Happened Despite multiple leadership...
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UBS Says Nike's Stock Is About To Go For A Run
Monday, February 3, 2020 - 10:44am | 281Nike Inc (NYSE: NKE) is in for a long-term run of sales growth that will make it more valuable over the next few years, UBS said Monday. The Nike Analyst UBS analyst Jay Sole upgraded Nike from Neutral to Buy and raised the price target from $103 to $136. The Nike Thesis Sole said he thinks the...
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Now You Can Outrun Imperial TIE Fighters With New Adidas Star Wars Running Shoes
Thursday, November 21, 2019 - 4:53pm | 566Yoda taught us that a Jedi must have the deepest commitment, the most serious mind. But good shoes can't hurt. For that, Adidas AG (OTC: ADDYY) in collaboration with Walt Disney Co.'s (NYSE: DIS) Lucasfilm, has a Star Wars-themed line of athletic shoes, the newest of which, the Space Battle...
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Gap's Athletic Brand Signs Olympic Star Allyson Felix
Wednesday, July 31, 2019 - 10:20am | 442Gap Inc (NYSE: GPS) announced Wednesday its first ever multiyear sponsorship deal with an Olympic athlete, Allyson Felix. What Happened Felix is one of the most decorated track and field athletes in U.S. history and will join Gap's athletic apparel brand, Athleta, as its first-ever sponsored...
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Street Reacts To Dick's Sporting Goods Q4 Earnings, Stock Drop: Stay On The Sidelines
Wednesday, March 13, 2019 - 10:34am | 937Retailer Dicks Sporting Goods Inc (NYSE: DKS) on Tuesday morning reported fourth-quarter results that came in better than expected. Gross margins fell during the quarter and management offered concerning guidance for 2019. Here is a summary of how some of the Street's top analysts reacted to...