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UPDATE: Canaccord Genuity Reiterates on Francesca's Holdings as Pullback Provides Long-Term Buying Opportunity
Thursday, December 5, 2013 - 12:52pm | 185In a report published Thursday, Canaccord Genuity analyst Laura Champine reiterated a Buy rating on Francesca's Holdings (NASDAQ: FRAN), but lowered the price target from $35.00 to $30.00. In the report, Canaccord Genuity noted, “FRAN's Q3 EPS of $0.20 was $0.02 below our estimate and in line with...
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UPDATE: Canaccord Genuity Reiterates on L Brands as Promotions Drive October SSS
Thursday, November 7, 2013 - 12:52pm | 159In a report published Thursday, Canaccord Genuity analyst Laura Champine reiterated a Hold rating on L Brands (NYSE: LTD), and raised the price target from $50.00 to $54.00. In the report, Canaccord Genuity noted, “LTD reported consolidated SSS growth of 8% on top of +3% in October, above our...
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UPDATE: Canaccord Genuity Downgrades Bed Bath & Beyond, Reiterates on Limited Upside Potential
Wednesday, October 30, 2013 - 9:10am | 163In a report published Wednesday, Canaccord Genuity analyst Laura Champine downgraded the rating on Bed Bath & Beyond (NASDAQ: BBBY) from Buy to Hold, but reiterated the $84.00 price target. In the report, Canaccord Genuity noted, “We are downgrading shares of Bed Bath & Beyond from Buy to...
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UPDATE: Canaccord Genuity Downgrades Coach on Downside Near-Term Risk
Monday, October 14, 2013 - 9:14am | 141In a report published Monday, Canaccord Genuity analyst Laura Champine downgraded the rating on Coach (NYSE: COH) from Buy to Hold, and lowered the price target from $65.00 to $62.00. In the report, Canaccord Genuity noted, “We expect Coach will report a U.S. (70% of total sales) SSS decline of 6...
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UPDATE: Canaccord Genuity Upgrades Urban Outfitters on Undervalued Growth Prospects
Friday, September 20, 2013 - 10:12am | 163In a report published Friday, Canaccord Genuity analyst Laura Champine upgraded the rating on Urban Outfitters (NASDAQ: URBN) from Hold to Buy, and reiterated the $48.00 price target. In the report, Canaccord Genuity noted, “We believe the market has overreacted since URBN filed its 10-Q on...
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UPDATE: Canaccord Downgrades Williams-Sonoma Amid Ongoing Margin Pressure
Tuesday, September 3, 2013 - 10:36am | 168In a report published Tuesday, Canaccord Genuity analyst Laura Champine downgraded the rating on Williams-Sonoma (NYSE: WSM) from Buy to Hold, but reiterated the $59.00 price target. In the report, Canaccord Genuity noted, “WSM faces notable gross margin headwinds in H2 as we believe more...
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UPDATE: Canaccord Raises PT on Lowe's Companies Following Q2 SSS Growth
Wednesday, August 21, 2013 - 11:31am | 127In a report published Wednesday, Canaccord Genuity analyst Laura Champine reiterated a Hold rating on Lowe's Companies (NYSE: LOW), and raised the price target from $48.00 to $50.00. In the report, Canaccord Genuity noted, “LOW's Q2 SSS growth of 9.6% on top of -0.4% was its strongest quarterly...
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UPDATE: Canaccord Genuity Upgrades Lowe's as Home-Related Momentum Persists
Monday, August 12, 2013 - 8:07am | 152In a report published Monday, Canaccord Genuity analyst Laura Champine upgraded Lowe's (NYSE: LOW) from Sell to Hold, and raised the price target from $28.00 to $48.00. In the report, Canaccord Genuity noted, “We expect LOW will continue to benefit as the housing market recovery continues. Home...
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UPDATE: Canaccord Genuity Raises PT on Conns on Top-Line Growth and Expanding Retail Gross Margins
Tuesday, May 21, 2013 - 11:34am | 177In a report published on Tueday, Canaccord Genuity analyst Laura Champine raised the price target on CONN's (NASDAQ: CONN) from $53.00 to $63.00, and maintained a rating of Buy. In the report, Canaccord Genuity noted, "We expect Conn's to generate average annual revenue growth of 21% over the...
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Limited Discounting To Drive GPS Merchandise Margins
Wednesday, January 27, 2010 - 2:17pm | 162Analyst Laura Champine of Caris & Company reiterates her "outperform" rating on Gap (NYSE: GPS), while raising her estimates for the company. According to Caris & Company, store checks indicate that GPS has offered only limited discounting in its Gap segment. Although low discounting will...