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Analyst Reiterates Bullish Stance On Tapestry, Says China Remains Biggest Opportunity
Monday, June 10, 2019 - 1:32pm | 324After hosting an investor dinner with several Tapestry Inc (NYSE: TPR) executives including CEO Victor Luis, Piper Jaffray maintains its bullish stance on the company. The Analyst Piper Jaffray analyst Erinn Murphy reiterated an Overweight rating with a $40 price target. The Thesis Murphy said...
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Crocs Trading At Balanced Risk-Reward Profile, Piper Jaffray Says In Downgrade
Tuesday, April 23, 2019 - 2:16pm | 408Footwear maker Crocs, Inc. (NASDAQ: CROX) has seen its stock rise more than $10 per share from around the $15 level last year and now has a balanced risk-reward profile, according to Piper Jaffray. The Analyst Erinn Murphy downgraded Crocs from Overweight to Neutral with an unchanged $31...
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Piper Jaffray On How The Average Teen Spends $2,600 Annually
Monday, April 8, 2019 - 3:42pm | 357Research firm Piper Jaffray's semiannual "Taking Stock With Teens" survey found the average teenager thinks they spend on average of $2,600 a year on products and services. What Happened Piper Jaffray's survey of 8,000 teens across 47 states with an average age of 16 found...
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Piper Jaffray Upgrades Under Armour, Sees Path To Sales Growth
Monday, November 5, 2018 - 3:17pm | 417One week after its biggest share gain in 10 years, Under Armour Inc (NYSE: UAA) received a sell-side upgrade Monday. The Analyst Piper Jaffray analyst Erinn Murphy upgraded Under Armour from Neutral to Overweight with a price target raised from $20 to $32. The...
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Stitch Fix Churn, Prime Wardrobe Threat Keep Piper Analysts On The Sidelines
Thursday, October 11, 2018 - 9:23am | 412There’s a tear in Stitch Fix Inc (NASDAQ: SFIX)’s user base — a devaluing rip that may warrant a push to the back of the closet. The Rating Piper Jaffray analysts Erinn Murphy, Eric Johnson and Christian Yonkoski maintained a Neutral rating on the stock but cut their price target...
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Stitch Fix Falls After Piper Jaffray Downgrade; Analyst Says 'Smallest Hint Of Pressure' Could Threaten Valuation
Thursday, September 20, 2018 - 11:21am | 482Some bulls are taking a breather on Stitch Fix Inc (NASDAQ: SFIX) after the firm’s 125-percent year-over-year run. The Analyst Piper Jaffray analyst Erinn Murphy downgraded the stock to Neutral and raised the price target from $29 to $43. The Thesis The analyst ...
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Analysts Upgrade Nike On $50B Revenue Potential, Direct-To-Consumer Growth
Monday, August 20, 2018 - 2:54pm | 671Nike Inc (NASDAQ: NKE) may be stealing market share back from adidas AG (ADR) (OTC: ADDYY), according to a new report from Susquehanna. Analyst: Nike On Track For $50B In Revenue By 2023 Susquehanna's Sam Poser upgraded Nike from Neutral to Positive and raised the price...
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Piper Jaffray Raises Funko Price Target, Projects 'Strong Commercial Opportunities'
Thursday, July 19, 2018 - 3:42pm | 527Pop culture collectibles brand Funko Inc (NASDAQ: FNKO)'s brand licensing and more prominent retail placement is positioning the toy company for upside, according to Piper Jaffray. The Analyst Piper Jaffray analyst Erinn Murphy reiterated an Overweight rating on Funko and...
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Analysts React To L Brands Earnings
Thursday, May 24, 2018 - 1:57pm | 422L Brands Inc (NYSE: LB) stock traded higher by 4 percent Thursday after the company reported first-quarter earnings. Several Wall Street analysts weighed in on the stock following the report. Here’s a sampling of what they had to say. Voices From The Street Nomura analyst Simeon Siegel said...
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Piper Jaffray Upgrades Ulta; Survey Reveals Teens Spending More On Cosmetics
Tuesday, April 10, 2018 - 3:38pm | 386Against the backdrop of a populous teen beauty scene, Ulta Beauty Inc (NASDAQ: ULTA) is looking pretty. The Rating PiperJaffray analyst Erinn Murphy upgraded Ulta form Neutral to Overweight and raised the price target from $212 to $236. The Thesis PiperJaffray’s Teen Survey revealed a...
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With 'Favorable' Macro Climate, Piper Jaffray Turns Bullish On VF Corp
Monday, February 5, 2018 - 1:10pm | 445VF Corp (NYSE: VFC) shares have already gained more than 60 percent over the past year, but the macro backdrop gives the stock another leg of growth ahead, according to Piper Jaffray. The Analyst Piper Jaffray's Erinn Murphy upgraded VF's stock rating from Neutral to Overweight with a...
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2 Ways E.L.F. Beauty's Guidance Could Play Out
Wednesday, November 8, 2017 - 3:30pm | 335E.L.F. Beauty Inc (NYSE: ELF) reports earnings Wednesday after the bell and Piper Jaffray expects the company to reiterate its guidance. The Analyst Piper Jaffray's Erinn Murphy. The Rating Murphy downgraded E.L.F. Beauty Inc from Overweight to Neutral and lowered Piper Jaffray's...
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Ulta Beauty Loses Another Bull
Wednesday, October 18, 2017 - 9:51am | 342Down nearly 30 percent over the past six months, Ulta Beauty Inc (NASDAQ: ULTA) continues to lose support among Wall Street analysts. The latest to part ways with a bullish stance is Piper Jaffray's Erinn Murphy, who downgraded Ulta's stock from Overweight to Neutral with a price target...
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Coach Needs Time To 'Digest' Kate Spade, Stock Could Take Time To Adjust
Thursday, October 5, 2017 - 11:59am | 385Analysts at Piper Jaffray feel now is the time for Coach Inc (NYSE: COH)'s investors to move to the sidelines as the stock needs a "period of digestion." The firm's Erinn Murphy downgraded Coach's stock from Overweight to Neutral with a price target lowered from $48 to $43....
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Finish Line Downgraded Ahead Of Earnings
Monday, September 18, 2017 - 10:09am | 701Piper Jaffray downgraded shares of Finish Line Inc (NASDAQ: FINL) ahead of its earnings. The company is due to report its fiscal-year second-quarter results before the market open on Sept. 22. As such, the firm downgraded shares of Finish Line from Neutral to Underweight, while it maintains its...