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These Brands Just Went All-Out On Black Friday Promotions
Friday, November 27, 2015 - 2:07pm | 415Read More...In a report issued Friday, Piper Jaffray analysts Erinn E. Murphy and Christof R. Fischer shared some conclusions drawn from their preliminary store checks performed on Thanksgiving day. On Thursday evening, analysts visited malls and big box retailers during the initial 6 p.m. store openings....
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Experts 'Cautious' On GoPro Heading Into Holidays, See Stock Going Lower
Wednesday, November 18, 2015 - 11:02am | 318Read More...GoPro Inc (NASDAQ: GPRO) shares are down 69 percent year-to-date, declining steeply after touching a high of $64.74 on August 10. Piper Jaffray’s Erinn E. Murphy maintained an Underweight rating on the company, while reducing the price target from $20 to $15. Channel checks suggest...
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GoPro Will GoLow(er), Warns Piper Jaffray
Thursday, October 29, 2015 - 8:11am | 375Read More...Listen to traders dissect the GoPro news live on Benzinga's Premarket Prep. GoPro Inc (NASDAQ: GPRO) shares have declined 51.6 percent over the past three months, hitting a low of $27.60 on October 8. Piper Jaffray’s Erinn E. Murphy has downgraded the rating on the company from...
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Fitbit is No. 1 Teen Fitness Brand, New Data Shows
Thursday, October 22, 2015 - 10:42am | 296Read More...Fitbit Inc (NYSE: FIT) shares have lost 17 percent in the last three months, after hitting a high of $51.64 on August 5. Piper Jaffray’s Erinn E. Murphy maintained an Overweight rating on the company, with a price target of $60. Teen survey revealed positive results for the fitness...
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GoPro Facing Pricing Pressure And Lower Holiday Demand, Warns Piper Jaffray
Wednesday, October 14, 2015 - 12:13pm | 314Read More...GoPro Inc (NASDAQ: GPRO) shares have been steadily declining in 2015 and are 58 percent below from their January 2 high of $66.87. Piper Jaffray’s Erinn E. Murphy downgraded the rating on the company from Overweight to Neutral, while reducing the price target from $54 to $25. The...
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Michael Kors Tourism Traffic Down Significantly, New Channel Checks Show
Friday, October 9, 2015 - 9:41am | 324Read More...Michael Kors Holdings Ltd (NYSE: KORS) shares are down 42 percent year-to-date, having declined most sharply in May. Piper Jaffray’s Erinn E. Murphy maintained an Underweight rating on the company, with a price target of $38. While trends decelerated through September, there...
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Crocs Downgraded At Piper Jaffray On 'Dead Money' Thesis
Thursday, October 1, 2015 - 10:48am | 376Read More...Crocs, Inc. (NASDAQ: CROX) shares have plunged 21 percent over the last 5 trading days, declining from a high of $15.01 on September 25. Piper Jaffray’s Erinn E. Murphy downgraded the rating on the company from Overweight to Neutral, while reducing the price target from $17 to $12....
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Is Fitbit Still A Buy Heading Into Earnings?
Tuesday, August 4, 2015 - 9:11am | 345Read More...In a report published Tuesday, Piper Jaffray analyst Erinn E. Murphy maintained an Overweight rating and price target of $52 on Fitbit, Inc. (NYSE: FIT). The analyst expects the company to report robust results for Q2 when it releases its first reported quarterly earnings report as a publicly...
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Piper Jaffray Says GoPro Has 'Favorable' Risk-Reward, Reiterates Overweight
Thursday, July 16, 2015 - 12:37pm | 305Read More...In a report issued Thursday, Piper Jaffray analysts Erinn E. Murphy and Christof R. Fischer take a look at GoPro Inc (NASDAQ: GPRO) as it approaches it second quarter report. On the belief that current risk/reward on the stock is favorable and the expectation of another "beat & raise...
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Piper Jaffray Cuts Michael Kors Estimates & PT After Looking At Europe Data
Monday, July 6, 2015 - 1:51pm | 254Read More...In a report published Monday, Piper Jaffray’s fashion and lifestyle Sr. Research Analyst Erinn E. Murphy lowered her estimates and price target for Michael Kors Holdings Ltd (NYSE: KORS) as channel checks in Europe suggest moderating brand momentum. While momentum remains much stronger...
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Piper Jaffray Reiterates on Fossil Group as Proprietary Holiday Analysis Suggests Jewelry Momentum Could Continue
Thursday, November 14, 2013 - 11:44am | 189Read More...In a report published Thursday, Piper Jaffray analyst Erinn E. Murphy reiterated an Overweight rating and $147.00 price target on Fossil Group (NASDAQ: FOSL). In the report, Piper Jaffray noted, “We are reiterating our Overweight rating on FOSL following our proprietary analysis of the Michael...
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UPDATE: Piper Jaffray Upgrades Fossil Group on Accelerating Sales Catalysts, Margin Inflection Point
Wednesday, October 23, 2013 - 10:08am | 153Read More...In a report published Wednesday, Piper Jaffray analyst Erinn E. Murphy upgraded the rating on Fossil Group (NASDAQ: FOSL) from Neutral to Overweight, and raised the price target from $121.00 to $147.00. In the report, Piper Jaffray noted, “We are raising estimates, increasing our price target to $...
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UPDATE: Piper Jaffray Downgrades Ralph Lauren on Spending Pause Against Multi-Year Investment Cycle
Wednesday, October 9, 2013 - 9:04am | 178Read More...In a report published Wednesday, Piper Jaffray analyst Erinn E. Murphy downgraded the rating on Ralph Lauren Corp. (NYSE: RL) from Overweight to Neutral, and lowered the price target from $200.00 to $170.00. In the report, Piper Jaffray noted, “As we think about the RL stock (not the company) over...
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Piper Jaffray Reiterates Overweight on Deckers Outdoor on Long-Term Confidence
Wednesday, August 28, 2013 - 11:51am | 186Read More...In a report published Wednesday, Piper Jaffray analyst Erinn E. Murphy reiterated an Overweight rating and $68.00 price target on Deckers Outdoor Corp. (NASDAQ: DECK). In the report, Piper Jaffray noted, “DECK is our top margin recovery idea which we believe is benefiting from stabilizing demand...
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UPDATE: Piper Jaffray Downgrades Guess? on Choppy US Retail Environment
Friday, August 23, 2013 - 10:56am | 178Read More...In a report published Friday, Piper Jaffray analyst Erinn E. Murphy downgraded the rating on Guess? (NYSE: GES) from Overweight to Neutral, and lowered the price target from $35.00 to $31.00. In the report, Piper Jaffray noted, “While we flagged near-term concern in early August by lowering our 2H...
