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Pullback In Express Is A Buying Opportunity
Friday, June 10, 2016 - 3:19pm | 311BlueFin Research Partners analyst Rebecca Duvai believes that any pullback in Express, Inc. (NYSE: EXPR) is a buying opportunity, as the fundamentals remained strong. However, while maintaining Market Outperform rating on the shares of the company, the analyst reduced her 12-month price target to $...
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Most Investors Underappreciate Lululemon's Recent Supply Chain Fixes
Friday, June 3, 2016 - 10:14am | 268Lululemon Athletica inc. (NASDAQ: LULU) is scheduled to report its FYQ1 results on June 8. FYQ1 Expectations BlueFin’s Rebecca Duval believes that the FYQ1 sales might have been better than expected, while the EPS was likely to be in line with the consensus. Duval mentioned that...
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We Might Be Underestimating The Magnitude Of Semtech's Return To Growth
Thursday, May 26, 2016 - 11:31am | 325While Semtech Corporation (NASDAQ: SMTC) has been expected to return to strong growth, the magnitude was underestimated, BlueFin Research Partners’ Paul Peterson said in a report. In February, the rating for the company has been raised from Negative to Neutral. Compelling Story...
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It's The Same Old Song For GoPro
Monday, May 9, 2016 - 11:06am | 235Bluefin Research Partners’ John Donovan said that during Q1 GoPro Inc (NASDAQ: GPRO) purely focused on product consolidation and properly addressing the low-end, high-end, and mid-range markets. There was a sharp decline in inventory during the first three months and GoPro cut prices to...
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BlueFin Skeptical On iPhone Builds, Cuts Shipment Forecasts By 15%
Thursday, April 28, 2016 - 9:35am | 399Apple Inc. (NASDAQ: AAPL) reported in-line iPhone shipments of 51.2 million for 1Q, while cutting its 2Q guidance for iPhone builds and shipments. BlueFin Research Partners’ John Donovan mentioned that the Apple story continued to be likeable over the long term. Analyst John Donovan said...
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This Analyst Remains Bearish On Western Digital Despite 60%+ Slide
Friday, April 8, 2016 - 10:58am | 265BlueFin’s John Donovan expects Western Digital Corp (NASDAQ: WDC) to continue to witness volatility in the near term. The analyst continued to maintain a negative stance on the stock, despite the share price having plunged over the past 15 months. Near Term Concerns Donovan expressed...
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Fitbit Investors Take Profits Following Favorable Reaction To Blaze, Alta Shipment News
Friday, April 1, 2016 - 11:31am | 498The Fitbit Inc (NYSE: FIT) battle of bull versus bear continued on Friday as analysts at BlueFin Research Partners issued cautious commentary, while analysts at Leerink countered with a positive sentiment. Shares of Fitbit were higher by more than 1 percent on Friday, adding to the more than 25...
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Michael Kors Has Upside…In 2017, BlueFin Says
Thursday, March 31, 2016 - 12:17pm | 467Luxury apparel, footwear and accessories retailer, Michael Kors Holdings Ltd (NYSE: KORS) has made a substantial rebound in 2016 Q1 off the back of a rough previous two years. With the stock up over 40 percent for the first quarter, it's no surprise analysts are taking note. However, the...
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This Apple Supplier Is Doing Better Than Some Expected
Monday, March 28, 2016 - 9:57am | 312BlueFin Research Partners’ Steve Mullane said that Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE: TSM) 16nm is surging, led by Apple Inc. (NASDAQ: AAPL), and this could benefit 3Q revenues, while not having an impact on 2Q. The company’s Q1 supplier forecasts have increased...
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Express Trends Still Strong, BlueFin Sees Stock At $26
Wednesday, March 23, 2016 - 10:53am | 298BlueFin’s Rebecca Duval maintained a Market Outperform rating on Express, Inc. (NYSE: EXPR), while raising the price target to $26. Trending Right Duval expressed optimism regarding the current stock valuation, as well as the company’s “fashion forward product that is being...
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Apple Chip Production Finally Improving After 7 Months Of Decline
Tuesday, March 22, 2016 - 1:52pm | 330Following seven months of dampened numbers, foundry (chip) production numbers have been seen on the rise for Apple Inc. (NASDAQ: AAPL), BlueFin Research Partners shared. Since December, the figures have "edged up modestly" on a monthly basis, with forecasts now projected to grow 1.4...