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Retail Analyst: Foot Locker, Skechers And Steve Madden Poised To Run Higher
Wednesday, April 18, 2018 - 3:32pm | 600Shoes are a new must-have for Buckingham Research. The firm initiated coverage on five companies Wednesday with bullish to neutral sentiment across manufacturers and distributors. Foot Locker: Buy, $54 Foot Locker, Inc. (NYSE: FL) is seen to have the most upside potential (28 percent) of the...
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Analyst: For Wolverine World Wide, The 'Heavy Lifting' Is Done
Thursday, February 22, 2018 - 1:59pm | 385After a multiyear restructuring effort by Wolverine World Wide, Inc. (NYSE: WWW) the "heavy lifting" is now complete and a D.A. Davidson analyst said he's taking a bullish stance. The Analyst D.A. Davidson's Andrew Burns upgraded Wolverine World Wide's stock...
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Finish Line Shares Receive A Boost After Buckingham Upgrade
Wednesday, February 21, 2018 - 3:17pm | 465Finish Line Inc (NASDAQ: FINL) shares rose Wednesday following an upgrade from Buckingham Research Group. The Analyst Buckingam's Scott Krasik upgraded Finish Line from Underperform to Neutral and maintained a $10 price target. The Thesis Finish Line has the clear No. 2 position...
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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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Nike Analyst: 'We Prefer To Be Patient For A Better Entry Point'
Friday, December 22, 2017 - 5:12pm | 503Nike Inc (NYSE: NKE) delivered a solid second-quarter earnings beat Thursday, but continued weakness in North America and potential fallout from tax reform have one analyst lowering his price target on the world’s biggest sportswear company. The Expert Camilo Lyon of Canaccord Genuity...
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Citi Names 'Controversial' Foot Locker As Its Top Footwear, Apparel Pick
Tuesday, December 19, 2017 - 3:43pm | 561Foot Locker Inc (NYSE: FL) has done the unthinkable. After suffering through an abysmal 2017, the footwear retailer has climbed to the top of Citi’s Buy list for 2018. The Analyst Kate McShane of CitiBank reiterated a Buy rating on Foot Locker and raised the price target from $47 to $...
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With Dad Shoes In Fashion, Is Skechers Set For A Big 2018?
Monday, December 18, 2017 - 12:30pm | 615With "dad shoes" dominating the fashion world, could the quintessential dad shoe brand — Skechers USA Inc (NYSE: SKX) — be poised for a big 2018? Skechers is known for latching onto current styles to its benefit. Luckily for Skechers, the next big look has come to them...
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Canaccord Genuity: Foot Locker's Fortunes Are Turning Toward The Upside
Friday, December 15, 2017 - 3:46pm | 538Foot Locker Inc (NYSE: FL)'s woes appear to be overplayed, according to Canaccord Genuity. Despite suffering a 35-percent year-to-date decline amid a struggling sports retail environment, a sell-side analyst is confident after a meeting with the retailer's management that it's...
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Nike Appears To Be Finally Turning The Corner; China Spurs Growth
Thursday, December 14, 2017 - 4:07pm | 469Nike Inc (NYSE: NKE)'s turnaround efforts may be starting to take hold. Shares have rallied 15 percent over the past month and the company is receiving a notable upgrade heading into its second-quarter report, which is scheduled for a Dec. 21 release. The Analyst John Staszak of Argus...
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Under Armour's Weak Q3 Leaves Investors With 3 Concerns
Tuesday, October 31, 2017 - 11:34am | 374Despite a more than 15-percent decline in Under Armour Inc (NYSE: UAA)'s stock Tuesday morning, analysts at Buckingham Research Group continue to see shares as trading at a "lofty" valuation. The firm's Scott Krasik maintains an Underperform rating on Under Armour's stock with an unchanged $14...
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Finish Line's Quarterly Pre-Announcement Complicates Footwear Story As Analysts Revisit Sector
Tuesday, August 29, 2017 - 11:22am | 759Finish Line Inc (NASDAQ: FINL)'s surprising second-quarter preliminary earnings release resulted in some analysts throwing in the towel, but Baird Equity Research's Jonathan Komp is sticking with his Neutral rating. The price target has, however, been lowered from $15 to $8. Finish Line's...
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Finish Line's Shin Splints: Poor Quarterly Pre-Announcement Pummels Stock, Downgrade Follows
Tuesday, August 29, 2017 - 9:21am | 389Shares of Finish Line Inc (NASDAQ: FINL) plummeted 30 percent after the retail sportswear chain surprised investors with its second-quarter earnings pre-announcement. As a result of the poor report, Buckingham Research Group's Scott Krasik downgraded Finish Line's stock from Neutral to Underperform...
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With NBA Finals Over, Checking In With Stars' Most Visible Brands
Tuesday, June 13, 2017 - 10:27am | 547The Golden State Warriors completed a nearly perfect sweep of the NBA playoffs by defeating the defending champions Cleveland Cavaliers in Game 5 of the NBA Finals. The Warriors' perfect 12–0 run heading into the Finals could in part be attributed to Under Armour Inc (NYSE: UAA)'s...
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Under Armour's Q1 Beat Sends Stock Sharply Higher
Thursday, April 27, 2017 - 7:57am | 427Shares of Under Armour Inc (NYSE: UAA) gained more than 10 percent early Thursday morning after the footwear, apparel and equipment maker reported a better than expected first quarter earnings report. Expectations heading into the report were high after two consecutive earnings report that...
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Deckers Outdoor Potential M&A: From Rumor To Reality
Wednesday, April 26, 2017 - 9:35am | 435Deckers Outdoor Corp (NYSE: DECK), the parent company behind various shoe brands including UGG, joins other fashion icons including Kate Spade & Co (NYSE: KATE) in exploring strategic alternatives. Deckers announced after Tuesday's market close that its board of directors began a strategic...