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Cowen: Sneaker Popularity, Resale Market Are Encouraging Signs For Brands
Friday, May 10, 2019 - 3:57pm | 649The hype around sneakers is at an all-time high. The industry has been buzzing for years, evidenced by the rise of sneaker resale platforms, two of which, StockX and Poison, just hit unicorn status; the entrance of luxury brands; and growing interest in sneakers within womens fashion....
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Cowen Says Nike Has The Edge On Adidas, But Both Stocks Have Upside Ahead
Tuesday, March 12, 2019 - 4:47pm | 755The battle between Nike Inc (NYSE: NKE) and Adidas AG (ADR) (OTC: ADDYY) for sportswear supremacy remains one of the greatest rivalries in sports. Amid the fierce brand competition, a new report from Cowen outlines a path higher for both stocks while suggesting that Nike maintains the upper...
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As Nike Rebounds, So Does Foot Locker, Says Bullish Jefferies
Friday, January 25, 2019 - 3:14pm | 468With the fourth quarter almost in the books, Jefferies sees several encouraging signs from Foot Locker, Inc. (NASDAQ: FL). The Analyst Jefferies analyst Janine Stichter maintains a Buy rating and raises her price target from $62 to $67. The Thesis Foot Locker’s business continues to...
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'A Clear Comeback': Nike Stock Hits All-Time High After Q4 Blowout
Friday, June 29, 2018 - 1:48pm | 695Nike Inc (NYSE: NKE) just keeps doing it. Shares of the world’s largest sportswear company are racing toward all-time highs after delivering a fourth-quarter earnings beat Thursday. Nike appears to emerged relatively unscathed from a severe management shakeup and pervasive ...
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Why The Nike Bull Thesis Actually Just Got Stronger
Wednesday, September 27, 2017 - 10:56am | 378Shares of Nike Inc (NYSE: NKE) were trading lower by more than 4 percent Wednesday morning in reaction to a mixed earnings report, but some analysts remain as bullish as they were heading into the print. Morgan Stanley's Jay Sole maintains an Overweight rating on Nike's stock with a price target...
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Finish Line's Stock Price Running Beyond Barclays' Target
Monday, September 26, 2016 - 12:01pm | 323Barclays remains on the sidelines on Finish Line Inc (NASDAQ: FINL), despite the company reporting better-than-expected quarterly EPS and improved comps. The brokerage reiterated its Equal-Weight rating on the stock and $18 price target on stretched valuation. Shares of Finish Line are trading...
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Foot Locker Is Still The Best House On The Retail Block, Could Be Amazon-Immune
Monday, May 16, 2016 - 4:05pm | 525Foot Locker, Inc. (NYSE: FL) is expected to report its first-quarter numbers on May 20, and Susquehanna expects EPS of $1.38, a penny below the Street's view. The brokerage also noted that the retailer is the least affected by Amazon.com, Inc. (NASDAQ: AMZN) within the retail sector....
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Wedbush: Foot Locker Benefited From 'Strong Shoe Release' Lineup In December
Monday, December 22, 2014 - 11:12am | 161According to Morry Brown of Wedbush, Foot Locker, Inc. (NYSE: FL) has seen elevated traffic levels in December following new shoe releases. “Recent interviews with managers at core Foot Locker stores indicate holiday sales in December were off to a strong start aided by a string of strong new...
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Say Goodbye to Syrian President Bashar Assad
Wednesday, November 16, 2011 - 10:11am | 608There are more reports coming out of Syria that soldiers from the Syrian army continue to turn on Syrian President Bashar Assad. Many members of the Syrian military are joining the opposition against Assad's brutal crackdown and are turning their guns away from protesters and directly at the forces...