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Wunderlich Is Waiting On Vera Bradley's Brand Transformation, Reiterates Buy
Thursday, June 2, 2016 - 12:30pm | 351Wunderlich Securities maintained its Buy rating on Vera Bradley, Inc. (NASDAQ: VRA) as it's waiting for the brand transformation of the accessories player, known for its colorful, patterned cotton handbags. "Despite weak traffic trends materially reducing comparable sales YoY (-6.7%),...
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A Turnaround Is Coming At Vera Bradley
Tuesday, May 31, 2016 - 7:51am | 281Vera Bradley, Inc. (NASDAQ: VRA) is scheduled to announce its F1QY17 results on June 1. Wunderlich’s Eric Beder reiterated a Buy rating for the company, with a price target of $24. The analyst commented that while 1Q is unlikely to have been “the breakout quarter,” the company...
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PVH's Q1 Might Be 'Obscured' By FX Issues
Monday, May 23, 2016 - 9:14am | 294PVH Corp (NYSE: PVH) is scheduled to report its 1QFY17 results after market close on May 24. Wunderlich’s Eric Beder maintained a Buy rating on the company, with a price target of $125. FX Headwinds “While the domestic department store business remains difficult, we view our...
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Guess CEO's Impact Won't Be Felt Until Q3
Monday, May 23, 2016 - 8:54am | 376Guess?, Inc. (NYSE: GES) is scheduled to announce its F1Q17 results on May 25. Wunderlich’s Eric Beder reiterated a Buy rating for the company, with a price target of $27. The analyst said that CEO Victor Herrero's impact is unlikely to be fully felt until 3Q, although in the longer...
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This Analyst Isn't Convinced Of An Abercrombie & Fitch 'Comeback'
Monday, May 23, 2016 - 8:37am | 311Abercrombie & Fitch Co. (NYSE: ANF) is scheduled to report its 1Q17 results on May 26. Wunderlich’s Eric Beder maintains a Hold rating on the company, with a price target of $21. Comeback Unlikely Beder prefers to maintain a cautious stance on Abercrombie & Fitch, given the continuing...
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Perry Ellis' Original Penguin Brand, Others Perform Well
Friday, May 20, 2016 - 10:02am | 342Perry Ellis International, Inc. (NASDAQ: PERY) raised its FY17 adjusted EPS guidance from $1.90-$1.95 to $1.95-$2.00. Wunderlich’s Eric Beder maintained a Buy rating for the company, with a price target of $35, saying Perry Ellis remained well positioned within the perpetually shifting...
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Wunderlich Calls Their American Eagle Forecast 'Dooms Dayish'
Thursday, May 19, 2016 - 9:02am | 327American Eagle Outfitters (NYSE: AEO) reported strong 1Q results and announced in-line guidance, despite tough comps. Wunderlich’s Eric Beder reiterated a Hold rating for the company, with a price target of $13. While stating that American Eagle has a strong business model, the analyst...
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Wunderlich Not Very Positive On Urban Outfitters
Monday, May 16, 2016 - 8:20am | 336Wunderlich’s Eric Beder believes Urban Outfitters, Inc. (NASDAQ: URBN) is likely to remain range bound in the near term, given that the company’s domestic store growth seems almost at an end, and the stock has limited potential for multiple expansions. Beder reiterated a Hold rating on...
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Taking The Plunge On Vera Bradley: Should You?
Thursday, March 24, 2016 - 2:55pm | 426Wunderlich Securities has upgraded handbag maker Vera Bradley, Inc. (NASDAQ: VRA) to Buy from Hold and raised its price target to $24 from $15. Subsequently, the stock jumped roughly 7 percent. "We believe the company is nearing the next major round of upside catalysts which will amply demonstrate...
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What Urban Outfitters Investors Should Worry About
Monday, October 19, 2015 - 1:50pm | 361Urban Outfitters, Inc. (NASDAQ: URBN) shares have plunged 33 percent in the last six months, after trading above $40 till mid-May. Wunderlich’s Eric Beder downgraded the rating on the company from Buy to Hold, while reducing the price target from $49 to $30. Beder said there were...
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Wunderlich Sees Kate Spade As 'Truly Unique Story In Handbag, Accessory World'
Friday, September 18, 2015 - 11:23am | 350Kate Spade & Co (NYSE: KATE) shares have declined 19 percent over the past three months, remaining below $24 since June 24. Wunderlich’s Eric Beder maintained a Buy rating for the company, with a price target of $39. Kate Spade has a strong business model, Beder said, while...
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Why Wunderlich Believes The XCel Brands-HBC Deal Is A Long-Term 'Game Changer'
Thursday, September 3, 2015 - 2:09pm | 387In a report issued Wednesday, Wunderlich analyst Eric Beder reiterated a Buy rating and $11.00 price target on shares of XCel Brands Inc (NASDAQ: XELB), but trimmed his (2015 and 2016) estimates for the company, following the announcement of a material alliance with Hudson's Bay Company. As...
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Abercrombie & Fitch Has Hit A 'Glass Ceiling,' So Sell It: Wunderlich's Beder
Wednesday, August 26, 2015 - 3:50pm | 283In a report issued Wednesday, Wunderlich analyst Eric Beder reiterated a Sell rating and $15 price target on shares of Abercrombie & Fitch Co. (NYSE: ANF), raising his estimates for fiscal 2016 and fiscal 2017 after the company reported mixed second-quarter results in the morning, still...
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The Story Of Two Bears And A Bull: Abercrombie & Fitch Ahead Of Q2 Results
Monday, August 24, 2015 - 11:15am | 781Abercrombie & Fitch Co. (NYSE: ANF) is scheduled to report its second-quarter results before Wednesday's market open. The Estimize community (based on 13 estimates) is expecting the company to loss $0.11 per share on revenue of $796.63 million while the Street's consensus estimate is...
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Which Brands Do Social Media Users Like The Most?
Wednesday, August 12, 2015 - 2:48pm | 666Wunderlich recently conducted a social media study using Facebook Inc (NASDAQ: FB), Twitter Inc (NYSE: TWTR) and Instagram across the apparel industry. The survey focused on trends aimed at assessing “consumer acceptance regarding brands, fashion, and relevant topics across the most popular...