-
Why 2 Foot Locker Analysts Are Downgrading Stock After Q4 Earnings: 'We Were Not Expecting This'
Monday, February 28, 2022 - 2:50pm | 512Read More...Sports apparel and footwear retailer Foot Locker Inc (NYSE: FL) reported fourth-quarter financial results Friday. The earnings report resulted in downgrades by Seaport Research and Morgan Stanley. Here's what the analysts had to say. The Foot Locker Analysts: Seaport Research analyst...
-
Morgan Stanley: A Sears Bankruptcy Could Benefit JCPenney
Friday, October 12, 2018 - 3:23pm | 458Read More...As retailer Sears Holding Corp. (NASDAQ: SHLD) approaches bankruptcy, Morgan Stanley is considering the ramifications on competitors like J.C. Penney Co. Inc. (NYSE: JCP). The Analyst Morgan Stanley analyst Kimberly Greenberger maintained an Equal-weight rating on J.C. Penney with a $1.50...
-
Morgan Stanley Says Sell Into The Strength In Nordstrom Shares
Friday, August 12, 2016 - 9:02am | 312Read More...Morgan Stanley’s Kimberly C. Greenberger believes Nordstrom, Inc. (NYSE: JWN) shares are at an unsustainable valuation, “given limited scope for EPS growth & margin recovery,” and that stock strength should be used as an opportunity to trim positions. Greenberger...
-
Watch For Stabilization In Sales/EBIT Before Getting Constructive On Macy's
Friday, August 12, 2016 - 8:07am | 346Read More...Macy's Inc (NYSE: M) shares declined 17 percent following its Q2 results. Morgan Stanley’s Kimberly C. Greenberger maintained an Equal-weight rating on the company, while lowering the price target from $37 to $35. “We are encouraged by plans to close ~100 underperforming doors...
-
Here's Why Morgan Stanley Likes Lululemon's Report
Thursday, June 9, 2016 - 8:16am | 318Read More...Lululemon Athletica inc. (NASDAQ: LULU) reported its 1Q comp and gross margin ahead of expectations, while guiding to gross margin inflection in 2Q and 2016. This led to the stock appreciating 5 percent. Morgan Stanley’s Kimberly C. Greenberger maintains an Overweight rating on the company,...
-
3 Reasons Morgan Stanley Upgraded Urban Outfitters
Friday, May 20, 2016 - 9:42am | 312Read More...Despite the 14 percent rally in Urban Outfitters, Inc. (NASDAQ: URBN) shares on May 19, Morgan Stanley’s Kimberly C. Greenberger believes the current stock valuation is reasonable, with upside potential of another 14 percent. Greenberger upgraded the rating on the company from Equal-Weight to...
-
Macy's Worst Results Since Recession Could Signal Tough Road Ahead
Thursday, May 12, 2016 - 8:14am | 312Read More...Macy's, Inc. (NYSE: M) shares plunged 15 percent following the company reporting its worst quarterly results since the recession. Morgan Stanley’s Kimberly C. Greenberger maintains an Equal-Weight rating on the company, while lowering the price target from $40 to $35. “We've cut...
-
Nordstrom Is Best-In-Class Department Store, But Morgan Stanley Downgrades Stock
Thursday, January 7, 2016 - 10:00am | 374Read More...The share price of Nordstrom, Inc. (NYSE: JWN) has declined 38.11 percent over the past one year, falling to a low of $48.49 on January 6. r Morgan Stanley’s Kimberly C. Greenberger has downgraded the rating on the company from Equal-weight to Underweight, while lowering the price...
-
Morgan Stanley Sees Multiple Challenges Ahead For Tiffany & Co.
Monday, March 23, 2015 - 9:05am | 82Read More...In a report published Monday, Morgan Stanley analyst Kimberly C. Greenberger reiterated an Equal-Weight rating and $94.00 price target on Tiffany & Co. (NYSE: TIF). In the report, Morgan Stanley noted, "We think TIF remains a strong global luxury brand. However 2015 faces currency headwinds and...
-
Morgan Stanley Reiterates Overweight, Raises PT On Burlington Stores on 2015 Outlook
Wednesday, March 18, 2015 - 7:15am | 98Read More...In a report published Wednesday, Morgan Stanley analyst Kimberly C. Greenberger reiterated an Overweight rating on Burlington Stores Inc. (NYSE: BURL), and raised the price target from $50.00 to $60.00. In the report, Morgan Stanley noted, "BURL posted another impressive print, delivering a 6.7%...
-
Morgan Stanley Sees Ann Taking All The Right Steps For Long-Term Success
Monday, March 16, 2015 - 7:14am | 81Read More...In a report published Monday, Morgan Stanley analyst Kimberly C. Greenberger reiterated an Equal-Weight rating and $34.00 price target on Ann Inc. (NYSE: ANN). In the report, Morgan Stanley noted, "We believe ANN is financially well managed and making the correct decisions for the long-term success...
-
Morgan Stanley Still Has Liquidity Concerns For Aeropostale
Friday, March 13, 2015 - 9:40am | 87Read More...In a report published Friday, Morgan Stanley analyst Kimberly C. Greenberger reiterated an Underweight rating and $2.00 price target on Aeropostale Inc. (NYSE: ARO). In the report, Morgan Stanley noted, "We think it is unlikely ARO can earn a profit again. Mgmt is hoping for a 2H15 top-line...
-
UPDATE: Morgan Stanley Reiterates On Burlington Stores As Solid Q3 Reflects Off-Price Transformation Success
Wednesday, December 10, 2014 - 9:17am | 123Read More...In a report published Wednesday, Morgan Stanley analyst Kimberly C. Greenberger reiterated an Overweight rating on Burlington Stores (NYSE: BURL), and raised the price target from $38.00 to $47.00. In the report, Morgan Stanley noted, “5.2% 3Q comps (against 3Q13's 3.9%) beat 3.8% consensus/3% MSe,...
-
UPDATE: Morgan Stanley Reiterates On American Eagle Outfitters On No Clear Path To Financial Recovery
Friday, December 5, 2014 - 11:30am | 86Read More...In a report published Friday, Morgan Stanley analyst Kimberly C. Greenberger reiterated an Underweight rating on American Eagle Outfitters (NYSE: AEO), but lowered the price target from $9.50 to $9.00. In the report, Morgan Stanley noted, “We continue to believe AEO is a structurally challenged...
-
UPDATE: Morgan Stanley Reiterates On Abercrombie & Fitch As Long-Term Investment Concerns Remain
Thursday, December 4, 2014 - 10:21am | 88Read More...In a report published Thursday, Morgan Stanley analyst Kimberly C. Greenberger reiterated an Equal-Weight rating on Abercrombie & Fitch Co. (NYSE: ANF), but lowered the price target from $30.00 to $28.00. In the report, Morgan Stanley noted, “We believe management is focused on the correct long...
