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Analysts: Cheap Gold Drives Tiffany & Co. Margins
Wednesday, November 26, 2014 - 1:58pm | 436Tiffany & Co. (NYSE: TIF) extended its losses Wednesday, a day after posting mixed third-quarter results and cutting its sales forecast. "Clearly, Street expectations got aggressive" based on strong performance in the past couple of quarters, Barrington's Kristine Koerber said...
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UPDATE: Morgan Stanley Reiterates On L Brands Following Impressive Q3
Friday, November 21, 2014 - 8:54am | 99In a report published Friday, Morgan Stanley analyst Kimberly C. Greenberger reiterated an Overweight rating on L Brands (NYSE: LB), and raised the price target from $76.00 to $84.00. In the report, Morgan Stanley noted, “LB continues to out execute peers and deliver impressive financial...
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Morgan Stanley Sees Q3 EPS Miss For Urban Outfitters
Tuesday, November 18, 2014 - 9:06am | 87In a report published Tuesday, Morgan Stanley analyst Kimberly C. Greenberger reiterated an Equal-Weight rating and $31.00 price target on Urban Outfitters, Inc. (NASDAQ: URBN). In the report, Morgan Stanley noted, “URBN's 3Q showed more of the same: Anthro and Free People remain healthy businesses...
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Morgan Stanley Believes Guidance Appears Optimistic, Long-Term Outlook Remains Challenged For Kohl's
Friday, November 14, 2014 - 9:00am | 91In a report published Friday, Morgan Stanley analyst Kimberly C. Greenberger reiterated an Underweight rating and $48.00 price target on Kohl's Corporation (NYSE: KSS). In the report, Morgan Stanley noted, “3Q reinforces our concern that KSS appears in structural decline. Operating income has...
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UPDATE: Morgan Stanley Reiterates On J C Penney As Flat Comps Lower Revenue Recovery Trajectory
Thursday, November 13, 2014 - 11:09am | 98In a report published Thursday, Morgan Stanley analyst Kimberly C. Greenberger reiterated an Underweight rating on J C Penney Company Inc (NYSE: JCP), but lowered the price target from $7.50 to $5.50. In the report, Morgan Stanley noted, “While there were a few positive surprises, JCP's 3Q results...
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Morgan Stanley Expects 4Q Outperformance For Macy's
Thursday, November 13, 2014 - 10:43am | 96In a report published Thursday, Morgan Stanley analyst Kimberly C. Greenberger reiterated an Overweight rating and $66.00 price target on Macy's, Inc. (NYSE: M). In the report, Morgan Stanley noted, “Helped by low expectations, M shrugged off a 3Q sales miss and FY EPS guide down. Cost cuts drove a...
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Analysts: Teen 'Malaise' Hurts American Eagle Outfitters
Wednesday, November 12, 2014 - 2:50pm | 274American Eagle Outfitters (NYSE: AEO) gained 9 percent on better-than-expected third-quarter results, but a couple of analysts were unmoved. "The teen consumer remains in a malaise about shopping for apparel," Wunderlich's Eric Beder said in a note maintaining a Hold rating and $...
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Morgan Stanley Sees Low 1Q Earnings Visibility For Coach
Wednesday, October 22, 2014 - 8:06am | 88In a report published Wednesday, Morgan Stanley analyst Kimberly C. Greenberger reiterated an Underweight rating and $28.00 price target on Coach Inc (NYSE: COH). In the report, Morgan Stanley noted, “We think 1Q earnings visibility is low. While we see scenarios where COH could meet consensus, we...
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UPDATE: Morgan Stanley Downgrades Urban Outfitters As Recovery Is Not On Track
Friday, October 17, 2014 - 8:14am | 96In a report published Friday, Morgan Stanley analyst Kimberly C. Greenberger downgraded the rating on Urban Outfitters, Inc. (NASDAQ: URBN) from Overweight to Equal-Weight, and lowered the price target from $44.00 to $31.00. In the report, Morgan Stanley noted, “Our investment thesis was predicated...
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Morgan Stanley Sees Balanced Risk/Reward For Abercrombie & Fitch Co.
Monday, October 6, 2014 - 8:03am | 83In a report published Monday, Morgan Stanley analyst Kimberly C. Greenberger reiterated an Equal-Weight rating and $38.00 price target on Abercrombie & Fitch Co. (NYSE: ANF). In the report, Morgan Stanley noted, “We believe management is focused on the correct long-term initiatives. However,...
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Morgan Stanley Sees Further Downside Risk For J C Penney Company Inc
Wednesday, October 1, 2014 - 8:50am | 111In a report published Wednesday, Morgan Stanley analyst Kimberly C. Greenberger reiterated an Underweight rating and $7.00 price target on J C Penney Company Inc (NYSE: JCP). In the report, Morgan Stanley noted, “We are UW [on] JCP shares. We see further downside risk: we estimate JCP needs to comp...
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Lululemon Athletica inc. Could Beat Q2 Views; Outlook Cloudy
Wednesday, September 10, 2014 - 2:35pm | 362Lululemon Athletica inc. (NASDAQ: LULU) shares have seen some recovery in recent weeks, but whether fiscal second-quarter results will show a positive inflection is unclear. Stiff competition, heavy investments and weak sales suggest not to Deutsche Bank's David Weiner, who reiterated a...
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UPDATE: Morgan Stanley Reiterates On Chico's FAS, Inc. Following Analyst Day
Wednesday, September 10, 2014 - 10:01am | 98In a report published Wednesday, Morgan Stanley analyst Kimberly C. Greenberger reiterated an Equal-Weight rating on Chico's FAS, Inc. (NYSE: CHS), and named a $15.00 price target. In the report, Morgan Stanley noted, “Mgmt is confident it has made the right adjustments to deliver improved...
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UPDATE: Morgan Stanley Reiterates On Burlington Stores Inc Ahead Of 2Q EPS Report
Thursday, September 4, 2014 - 9:29am | 95In a report published Thursday, Morgan Stanley analyst Kimberly C. Greenberger reiterated an Overweight rating on Burlington Stores Inc (NYSE: BURL), and raised the price target from $35.00 to $37.00. In the report, Morgan Stanley noted, “BURL could deliver modest EPS upside, especially if margins...
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Morgan Stanley Has Positive Outlook For Ross Stores
Friday, August 22, 2014 - 10:48am | 155In a report published Friday, Morgan Stanley analyst Kimberly C. Greenberger reiterated an Overweight rating and $81.00 price target on Ross Stores (NASDAQ: ROST). In the report, Morgan Stanley noted, “ROST is a secular winner in the battle between moderate Department Stores and Off-Price Retail....