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The Sell-Side's Opinion Of Levi Strauss Trickles In
Monday, April 15, 2019 - 4:19pm | 497Levi Strauss & Co. (NYSE: LEVI) shares resumed trading on a public market for the first time in more than 30 years in late March. The quiet period has now come to an end and multiple analysts are releasing their ratings and recommendations on the stock. JPMorgan: Iconic Brand Will Support...
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Gildan The Price Leader In Fashion Basics, Says Bullish BofA
Wednesday, January 23, 2019 - 4:19pm | 409Several catalysts in 2019 are keeping Bank of America Merrill Lynch bullish on Gildan Activewear Inc (NYSE: GIL). The Analyst Analyst Heather Balsky maintained a Buy rating on Gildan with a $47 price target. The Thesis After meeting with customers, reps from Gildan and CFO Rhodri Harries at...
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Analysts Take Rain Check On Nordstrom After 'Eh' Q3 Report
Friday, November 16, 2018 - 10:40am | 594Nordstrom, Inc. (NYSE: JWN) plunged as much as 15 percent Friday despite reports of a marginal bottom-line beat, better-than-expected gross margins, in-line comps and raised sales guidance. Here's what the analysts are looking at. Inventory Trends Nomura is increasingly concerned with...
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BofA Double Downgrades Gildan On Nicaraguan Unrest
Tuesday, July 24, 2018 - 12:31pm | 400As geopolitical concerns weigh on the Central American supply chain, Gildan Activewear Inc (USA) (NYSE: GIL) is suffering from circumstances beyond its control, according to Bank of America Merrill Lynch. The Rating Analyst Heather Balsky downgraded Gildan from Buy to Underperform and cut the...
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Energy Sector Growth Will Help Fuel Dillard's, BofA Says In Double Upgrade
Monday, May 21, 2018 - 12:03pm | 399Dillard's is set to benefit from rising oil costs as a result of its high exposure to energy-dependent states, according to Bank of America Merrill Lynch. The Analyst BofA's Heather Balsky upgraded Dillard's, Inc. (NYSE: DDS) from Underperform to Buy and raised the price...
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Ralph Lauren Is Executing A 'Tough' Fashion Turnaround, Says BofA
Wednesday, December 13, 2017 - 3:27pm | 507Ralph Lauren Corp (NYSE: RL) has struggled to remain relevant in the fashion world despite a 90s fashion renaissance. The brand is undergoing a rebuilding process, but one analyst said she does not expect the company to achieve any sales growth until fiscal 2020. The Expert Bank of America...
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Can Fossil Fight Extinction In Competitive Wearable Climate Change?
Wednesday, August 9, 2017 - 1:22pm | 405The market hasn't much confidence in Fossil Group Inc (NASDAQ: FOSL). Shares have trended steadily downward from $129 in 2013 to under $10 per share, and Bank of America analysts don’t anticipate much improvement. Heather Balsky and Lorraine Hutchinson reiterated an Underperform rating...
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UPDATE: Bank Of America Upgrades Kate Spade
Monday, November 24, 2014 - 9:21am | 222Heather Balsky of Bank of America upgraded shares of Kate Spade & Co (NYSE: KATE) to Buy from Neutral on Monday with a price target raised to $34 from a previous $33. “Based on our handbag survey results, we think Kate Spade can offset fewer markdown sales with greater full price sell-through,...
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UPDATE: Bank Of America Downgrades Dillard's On Little Room For Further Multiple Expansion
Friday, November 21, 2014 - 8:53am | 162In a report published Friday, Bank of America analyst Heather Balsky downgraded the rating on Dillard's (NYSE: DDS) from Buy to Neutral, but reiterated the $125.00 price target. In the report, Bank of America noted, “We are downgrading Dillard's to Neutral from Buy as shares are trading near our $...
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UPDATE: Bank Of America Initiates Coverage On Kate Spade & Co As Long-Term Growth Potential Is Priced In
Tuesday, October 21, 2014 - 10:23am | 139In a report published Tuesday, Bank of America analyst Heather Balsky initiated coverage on Kate Spade & Co (NYSE: KATE) with a Neutral rating and $28.00 price target. In the report, Bank of America noted, “We are initiating coverage of Kate Spade with a Neutral rating. Kate Spade is an...
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Bank Of America Has Positive Outlook On Dillard's, Inc. Following 10Q
Friday, September 5, 2014 - 8:01am | 121In a report published Friday, Bank of America analyst Heather Balsky reiterated a Buy rating and $130.00 price target on Dillard's, Inc. (NYSE: DDS). In the report, Bank of America noted, “Our rating on Dillard's is a Buy. We think Dillard's focus on upscaling its business is the key driver of...
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UPDATE: Bank of America Merrill Lynch Initiates Coverage on Dillard's
Friday, January 17, 2014 - 9:13am | 185In a report published Friday, Bank of America Merrill Lynch analyst Heather Balsky initiated coverage on Dillard's (NYSE: DDS) with a Buy rating on attractive EPS and FCF growth trajectory, establishing a $110.00 price objective. According to the report, the coverage reflects the south and...