-
Piper Sandler Upgrades Under Armour, Says 'Unloved' Stock Still Has Room To Run
Thursday, February 11, 2021 - 2:25pm | 351Under Armour Inc (NYSE: UAA) is an "unloved" company among analysts but the company has a path to deliver upside versus expectations, according to Piper Sandler. The Under Armour Analyst: Erinn Murphy upgraded Under Armour's stock from Neutral to Overweight with a price...
-
Why Piper Sandler Likes E-Commerce Stocks RealReal, Revolve Group
Tuesday, December 15, 2020 - 3:42pm | 523Research firm Piper Sandler initiated coverage of two fashion plays Tuesday: RealReal Inc (NASDAQ: REAL) and Revolve Group Inc (NYSE: RVLV). The Analyst: Erinn Murphy initiated coverage of RealReal with an Overweight rating and $19 price target. The analyst also initiated coverage of Revolve Group...
-
Funko's Stock Pops 25% After Piper Sandler Upgrade
Friday, December 4, 2020 - 3:32pm | 354Toy company Funko Inc (NASDAQ: FNKO) ranks among the worst-performing stocks under Piper Sandler's coverage, but the research firm is now confident in a rebound after chatting with management. The Funko Analyst: Erinn Murphy upgraded Funko's stock from Neutral to Overweight with a...
-
Piper Sandler Highlights Continued Foot Locker Store Closures In Downgrade
Monday, November 23, 2020 - 4:41pm | 433Footwear and apparel retailer Foot Locker, Inc. (NYSE: FL) is entering the final weeks of 2020 with many of its stores closed, and its long-term post-pandemic outlook has its own separate headwinds, according to Piper Sandler. The Foot Locker Analyst: Erinn Murphy downgraded Foot Locker from...
-
Nike Analysts Bullish Following Earnings Beat: 'Long-Awaited, Structurally Higher Margins'
Wednesday, September 23, 2020 - 1:16pm | 765Nike Inc (NYSE: NKE) shares traded higher by 10% on Wednesday in a down day for stocks after the company reported a huge surge in online sales in the fiscal first quarter and said trends in China are improving. On Tuesday afternoon, Nike reported first-quarter EPS of 95 cents on revenue of $10.59...
-
4 Stitch Fix Analysts Unpack Q4 Report As Stock Plunges
Wednesday, September 23, 2020 - 11:35am | 788Online personal styling company Stitch Fix Inc (NASDAQ: SFIX) reported Tuesday afternoon with fourth-quarter results that were highlighted by a return of double-digit organic sales growth, but a muted outlook for the start of the new fiscal year. Here's how the Street reacted. ...
-
7 Lululemon Analysts On The Q2 Print: 'We See The Pullback As An Opportunity'
Wednesday, September 9, 2020 - 12:07pm | 640Lululemon Athletica Inc (NASDAQ: LULU) reported second-quarter revenue that was up 2%, led by direct-to-consumer sales that rose 155% year-over-year. Here's what the Street had to say. The Lululemon Analysts: KeyBanc Capital Markets analyst Matthew DeGulis maintains a Sector Weight rating...
-
Lululemon Athletica Analysts Size Up Retailer Ahead Of Q2 Report, Talk Mirror Acquisition
Wednesday, September 2, 2020 - 3:04pm | 607Three analysts are increasing their Lululemon Athletica Inc (NASDAQ: LULU) price targets ahead of the retailer's second-quarter earnings report. Piper Sandler also went into detail on Lululemon's acquisition of the fitness company Mirror. The Lululemon Analysts: Wedbush analyst...
-
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...
-
Stitch Fix Stock Gets Cut Open, But Analysts Remain Bullish For Now
Tuesday, March 10, 2020 - 3:51pm | 646Stitch Fix Inc (NASDAQ: SFIX) plunged more than 40% Monday night after reporting third-quarter sales guidance of $465-$475 million, far below the $506 million estimate. Full-year sales guidance between $1.81 billion and $1.84 billion — also well below market forecasts of $1.92 billion. It...
-
'Not Satisfied': The Street's Reaction To Under Armour's Q4
Wednesday, February 12, 2020 - 3:37pm | 653Under Armour Inc (NYSE: UAA) reported fourth-quarter results that prompted a big sell-off in the stock. Multiple Street analysts have weighed in to debate if investors should buy the dip. CEO 'Not Satisfied' Under Armour CEO Patrik Frisk said during the company's conference call he is...
-
Elf Beauty Analyst Praises Platform's Use Of TikTok In Upgrade
Tuesday, February 4, 2020 - 11:48am | 373Since striking its nadir in 2019, e.l.f. Beauty Inc (NYSE: ELF) has more than doubled in share price. Analysts still see room for improvement. The Elf Beauty Rating Piper Sandler analysts Erinn Murphy and Eric Johnson upgraded e.l.f. to Overweight with a $19 price target. The Elft Beauty Thesis...
-
Lululemon Analysts Bullish After Q3 Print Amid High Expectations
Thursday, December 12, 2019 - 12:21pm | 918Lululemon Athletica Inc (NASDAQ: LULU) shares are trading down sharply despite the retailer's third-quarter earnings and sales beat on Wednesday. Here's what Wall Street analysts have to say. Piper Jaffray: Lululemon Loyalty Program Shows Promise Analyst Erinn Murphy...
-
'Nike Continues To Expand The Market': Analysts Applaud Q1 Beat
Wednesday, September 25, 2019 - 5:05pm | 836Nike Inc (NYSE: NKE) shares are in all-time high territory after the apparel company posted a first-quarter earnings beat Tuesday. Wells Fargo Weighs In Although expectations were very high heading into the first quarter, Nike was able to clear the bar with an earnings report that was solid from...
-
Analysts: Ulta Beauty's Drastic Second-Half Guidance Cut A Blemish For Retailer
Friday, August 30, 2019 - 1:07pm | 583Ulta Beauty Inc (NASDAQ: ULTA) shares tumbled to an eight-month low Friday in reaction to the retailer's second-quarter results, which revealed earnings and revenue misses as well as lower full-year guidance. The Analysts Piper Jaffray analyst Erinn Murphy downgraded Ulta from...