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Lumber Liquidators Stock Collapsing After 'Unexpected' Resignation
Thursday, May 21, 2015 - 8:48am | 371Lumber Liquidators Holdings Inc (NYSE: LL) shares are down significantly in Thursday's pre-market after the company announced a series of management changes. According to a press release, Robert Lynch "unexpectedly notified" the company of his resignation as President and CEO. It...
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Cantor Fitzgerald Reviews Lumber Liquidators' Earnings, Says Business Model Is 'Still Intact'
Thursday, April 30, 2015 - 12:09pm | 264In a report published Wednesday, Cantor Fitzgerald analyst Laura Champine commented on Lumber Liquidators Holdings Inc (NYSE: LL)'s first quarter results, which demonstrated the company's business model isn't "broken" and its value proposition and broad assortment should enable it to regain sales...
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Lumber Liquidators Shares Limping Into Q1 Report
Tuesday, April 28, 2015 - 5:57pm | 240Lumber Liquidators Holdings Inc (NYSE: LL) shares are still limping from a damaging news report in February and the company is unlikely to report any significant surprise with first-quarter results Wednesday. The building supply retailer pre-announced first-quarter sales April 2. Wall Street...
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9 Retail Stocks Cantor Just Initiated On
Tuesday, April 21, 2015 - 1:13pm | 1274Cantor Fitzgerald initiated coverage on nine retail stocks Monday, many with Hold ratings. Below are the companies along with the ratings, price targets, and highlights from analysts Laura Champine and Jason Smith. Williams-Sonoma, Inc. (NYSE: WSM) - Hold, $77 price target “The...
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Why Canaccord Upgraded Bed Bath & Beyond
Friday, January 2, 2015 - 10:07am | 96Laura Champine of Canaccord Genuity upgraded shares of Bed Bath & Beyond Inc. (NASDAQ: BBBY) on Friday to Hold from Buy with a price target boosted to $91 from a previous $66 as sales momentum builds at the retailer. Based on store visits and checks, Champine sees the possibility of “healthy...
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UPDATE: Canaccord Genuity Downgrades Lumber Liquidators As Near-Term Visibility Remains Clouded
Tuesday, November 4, 2014 - 10:17am | 175In a report published Tuesday, Canaccord Genuity analyst Laura Champine downgraded the rating on Lumber Liquidators Holdings Inc (NYSE: LL) from Buy to Hold, and lowered the price target from $74.00 to $51.00. In the report, Canaccord Genuity noted, “Lumber Liquidators missed consensus expectations...
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Analysts Trim Outlook For Urban Outfitters
Friday, October 17, 2014 - 2:56pm | 402Urban Outfitters, Inc. (NASDAQ: URBN) made its second apology in a month Thursday, this time for falling same-store sales it said will hurt profits in the current quarter. Urban Outfitters fell more than 15 percent Friday to $29.15 per share. The Philadelphia-based company last month issued a...
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Francesca's Holdings Corp Falls After Canaccord Downgrade
Thursday, October 2, 2014 - 2:48pm | 160Francesca's Holdings Corp (NASDAQ: FRAN) was downgraded Thursday by Canaccord Genuity, with the price target lowered from from $17 to $14. Analysts Laura Champine and Jason Smith found it "difficult to envision Francesca’s regaining momentum amid the current challenging...
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Canaccord Maintains A 'Cautious' Hold On Coach Inc
Wednesday, September 17, 2014 - 11:23am | 111In a note dated September 15, Canaccord analyst Laura Champine maintained a "cautious" Hold rating on Coach Inc (NYSE: COH), citing a best in class dividend yield and appeal to private equity. Champine noted the $27 price target suggested by her DCF model represents "notable...
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Analysts See Q3 Margin Pressure At The Gap Inc.
Friday, September 5, 2014 - 3:47pm | 235The Gap Inc. (NYSE: GPS) is likely to face margin pressure in the current quarter as it moves to clear excess inventory, a couple of analysts said Friday. Gap shares fell more than four percent Friday after the company posted a two percent decline for August same-store sales, versus...
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Williams-Sonoma No Longer Immune To Promotional Pressures
Friday, August 29, 2014 - 7:01am | 310Williams-Sonoma (NYSE: WSM) closed down nearly 12 percent Thursday on a weaker than expected outlook suggesting the hardlines retailer is no longer immune to mounting competitive pressures in the sector. Street estimates and management guidance "could prove optimistic in an aggressively...
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UPDATE: Canaccord Genuity Reiterates On Lumber Liquidators As Momentum Vanishes In Q2
Thursday, July 10, 2014 - 10:26am | 183In a report published Thursday, Canaccord Genuity analyst Laura Champine reiterated a Buy rating on Lumber Liquidators (NYSE: LL), but lowered the price target from $122.00 to $100.00. In the report, Canaccord Genuity noted, “We are lowering our Q2 EPS estimate from $0.94 to $0.61, compared with...
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UPDATE: Canaccord Upgrades Gap Due To Supply Chain Initiatives, New Online Services
Wednesday, June 18, 2014 - 9:14am | 153In a note released early Wednesday morning, Canaccord analyst Laura Champine upgraded shares of The Gap (NYSE: GPS) from Hold to Buy and raised the price target from $47 to $51. Champine explained that the upgrade is due primarily to supply-chain initiatives and new online services. In terms...
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UPDATE: Lowe's Downgraded At Canaccord Amid Management Changes
Wednesday, May 28, 2014 - 9:09am | 124In a report issued Wednesday, Canaccord downgraded its rating of Lowe's Companies (NYSE: LOW) from Hold to Sell with a new target price of $37. Analyst Laura Champine sees that a loss of experience in merchandising and customer experience will greatly affect Lowe's. Champine estimates a...
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UPDATE: Canaccord Genuity Reiterates on Big Lots Based on DCF Model
Friday, December 6, 2013 - 12:22pm | 144In a report published Friday, Canaccord Genuity analyst Laura Champine reiterated a Hold rating on Big Lots (NYSE: BIG), but lowered the price target from $37.00 to $34.00. In the report, Canaccord Genuity noted, “BIG's Q3 loss of $0.07/share in the U.S. business was $0.06 worse than we had...