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Credit Suisse On Nike: Momentum Persists Despite Currency Headwinds
Friday, December 19, 2014 - 11:37am | 227Christian Buss of Credit Suisse commented in a note on Friday that Nike Inc (NYSE: NKE) continued to demonstrate strong demand trends across regions in its second quarter results. “We continue to see opportunity for Nike to sustain low-double digit revenue growth, 40 to 50 basis points of...
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Analysts: Nike Has Room For More Gains
Monday, December 15, 2014 - 12:24pm | 366Nike Inc (NYSE: NKE) shares are still in shape for further gains, despite a 22 percent run-up year-to-date, analysts said Monday. The athletic footwear maker is set to post fiscal second-quarter earnings Thursday that should reveal continued gains in U.S. and Western European market share...
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Credit Suisse: Nike Could Achieve 20% EPS Growth In 2015
Wednesday, December 10, 2014 - 9:07am | 161Christian Buss of Credit Suisse commented in a note on Wednesday that Nike Inc (NYSE: NKE) is in a position to drive 20 percent earnings per share growth in fiscal 2015. "With dominant market share, the deepest pockets, and consistent innovation, we expect Nike to continue to capture market share...
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Credit Suisse Sees Earnings Power Turn The Corner For PVH
Friday, December 5, 2014 - 10:10am | 143In a report published Friday, Credit Suisse analyst Christian Buss reiterated an Outperform rating and $147.00 price target on PVH Corp. (NYSE: PVH). In the report, Credit Suisse noted, “PVH reported solid 3Q results (EPS $2.56 versus our $2.51), with better than expected flow-through on higher...
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Analysts: Cheap Gold Drives Tiffany & Co. Margins
Wednesday, November 26, 2014 - 1:58pm | 436Tiffany & Co. (NYSE: TIF) extended its losses Wednesday, a day after posting mixed third-quarter results and cutting its sales forecast. "Clearly, Street expectations got aggressive" based on strong performance in the past couple of quarters, Barrington's Kristine Koerber said...
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Credit Suisse Lowers Tiffany & Co. Price Target
Wednesday, November 26, 2014 - 8:46am | 122On Tuesday, analysts at Credit Suisse lowered the price target on shares of Tiffany & Co. (NYSE: TIF) from $112 to $108 and reiterated the Neutral rating. Christian Buss stated, “we remain concerned given weakness out of APAC and a muted outlook for the remainder of the year. While we...
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UPDATE: Credit Suisse Downgrades Abercrombie & Fitch As Transformation Initiatives Are Not Enough To Offset Sector Pressures
Friday, November 14, 2014 - 8:37am | 153In a report published Friday, Credit Suisse analyst Christian Buss downgraded the rating on Abercrombie & Fitch Co. (NYSE: ANF) from Outperform to Neutral, and lowered the price target from $53.00 to $28.00. In the report, Credit Suisse noted, “We downgrade shares to Neutral given our view that...
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Credit Suisse: Coach's Turnaround Seen In 2016
Wednesday, October 29, 2014 - 3:20pm | 278Coach Inc (NYSE: COH) remains a long ride from its hoped-for turn-around, an analyst said Monday. The New York-based high-end handbag maker opened Monday near a 52-week low in the wake of a disappointing outlook that forecast a continued steep decline in same-store sales. Shares traded recently...
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Analysts Focus On Deckers Outdoor Q2 Beat; Shares Sink
Friday, October 24, 2014 - 3:48pm | 410Deckers Outdoor Corp (NYSE: DECK) shares suffered Friday on a disappointing earnings outlook for the holiday period but analysts mostly looked on the bright side. Deckers lost 7 percent in the afternoon session Friday, trading at $81.27 per share. The company on Thursday forecast earnings for...
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UPDATE: Credit Suisse Initiates Coverage On Hanesbrands Inc. On Multiple Growth Drivers
Thursday, October 2, 2014 - 8:48am | 124In a report published Thursday, Credit Suisse analyst Christian Buss initiated coverage on Hanesbrands Inc. (NYSE: HBI) with an Outperform rating and $125.00 price target. In the report, Credit Suisse noted, “We initiate coverage of Hanesbrands Inc. with an Outperform rating and a $125 target price...
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UPDATE: Credit Suisse Upgrades Nike Inc On Multiple Positive Factors
Monday, September 29, 2014 - 7:59am | 175In a report published Monday, Credit Suisse analyst Christian Buss upgraded the rating on Nike Inc (NYSE: NKE) from Neutral to Outperform, and raised the price target from $80.00 to $100.00. In the report, Credit Suisse noted, “A truly exceptional quarter from Nike, with top-line strength, gross...
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UPDATE: Credit Suisse Upgrades L Brands Inc
Wednesday, September 10, 2014 - 8:29am | 97Analysts at Credit Suisse upgraded shares of L Brands Inc (NYSE: LB) to an Outperform rating with a $73 price target Wednesday. Christian Buss sees upside in shares of L Brands due to potential for margin-led earnings upside in the upcoming six to nine months. In its last earnings...
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UPDATE: Credit Suisse Downgrades Tiffany & Co.
Wednesday, September 10, 2014 - 8:21am | 143In a note published Wednesday morning, Credit Suisse analyst Christian Buss downgraded shares of Tiffany & Co. (NYSE: TIF) from Outperform to Neutral and maintained a $120 price target. Buss has based his price target on the average of three items 1) comparable multiples, 2) a five-year...
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L Brands Q2 Earnings Preview: Profit And Gross Margin A Question Mark
Wednesday, August 20, 2014 - 3:29pm | 577L Brands (NYSE: LB) will report its second quarter results after market close on Wednesday. L Brands reported its first quarter results on May 21. The company earned $0.53 per share, topping analyst expectations by $0.01. Revenue grew 5.3 percent from a year ago to $2.39 billion and came in $10...
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Why 3 Analysts Think Urban Outfitters Will Shine In Tough Specialty-Retailer Environment
Tuesday, August 19, 2014 - 3:20pm | 785Urban Outfiters (NASDAQ: URBN) reported its second quarter results on Monday. The specialty-retailer earned $0.49 per share, in-line with the consensus estimate. Revenue rose seven percent from a year ago to $811.25 million and came in $4.24 million higher than analysts expected. Urban...