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Why Urban Outfitters Is Trading Higher Today
Wednesday, May 26, 2021 - 7:57am | 251Urban Outfitters Inc (NASDAQ: URBN) is trading higher Wednesday morning after the company reported better-than-expected earnings results. What Happened: Urban Outfitters announced first-quarter earnings of 54 cents per share, which beat the estimate of 17 cents per share. It reported...
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JPMorgan Upgrades Gap, Highlights Old Navy's Recent Success
Monday, November 23, 2020 - 12:51pm | 346Shares of Gap Inc (NYSE: GPS) look attractive at current levels after underperforming the S&P 500 index by 50% over the past three years, according to JPMorgan. The Gap Analyst: Matthew Boss upgraded Gap's stock from Neutral to Overweight with a price target lifted from $22 to $30...
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American Eagle Outfitters Has Revenue Upside Despite Retail Struggles, JPMorgan Says
Wednesday, August 12, 2020 - 11:21am | 414Shares of American Eagle Outfitters Inc (NYSE: AEO) have declined by 45% over the last 18 months versus a 33% gain in the S&P 500 index, of which the stock is a member, according to JPMorgan. The American Eagle Outfitters Analyst: Matthew Boss upgraded American Eagle Outfitters...
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The Sell-Side's Opinion Of Levi Strauss Trickles In
Monday, April 15, 2019 - 4:19pm | 497Levi Strauss & Co. (NYSE: LEVI) shares resumed trading on a public market for the first time in more than 30 years in late March. The quiet period has now come to an end and multiple analysts are releasing their ratings and recommendations on the stock. JPMorgan: Iconic Brand Will Support...
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Ralph Lauren Brand Turnaround Is Gaining Traction, JPMorgan Says
Monday, March 18, 2019 - 2:46pm | 419Ralph Lauren Corp (NYSE: RL) may be on the verge of a comeback. The Analyst JPMorgan analyst Matthew Boss maintains an Overweight rating on the stock and raised his price target from $140 to $141. The Thesis Ralph Lauren CEO Patrice Louvet says the company’s execution of its five-year...
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Q4 Retail Earnings Season: A Cheat Sheet
Sunday, February 24, 2019 - 4:30pm | 1547Brick-and-mortar stores continue to suffer at the hands of e-commerce, with the spread between both widening by about 500 basis points over the past three months, JPMorgan's Matthew Boss said in a preview of fourth-quarter earnings for department stores and specialty softlines. A ...
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Nike Leads Dow After Rock-Solid Q2 Report: A Sell-Side Roundup
Friday, December 21, 2018 - 3:45pm | 1017Nike Inc (NYSE: NKE) shares are soaring higher in spite of overall market turmoil after reporting a big second-quarter earnings beat after the close Thursday. The world’s largest sportswear company delivered earnings of 52 cents per share, beating estimates by 6 cents. Revenue came in at $9.4...
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Lululemon Shares Are Getting Flexed, But Analysts Are Still Bullish
Friday, December 7, 2018 - 3:26pm | 601Lululemon Athletica inc. (NASDAQ: LULU) delivered yet another impressive earnings report Thursday, but shares are getting pummeled. The Canadian-based athletic apparel brand delivered third-quarter adjusted earnings of 75 cents per share, beating estimates by 5 cents. Sales came in at $748 million...
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Gap Hits 52-Week Low After JPMorgan Downgrade
Thursday, October 18, 2018 - 4:03pm | 282Clothing retailer Gap Inc (NYSE: GPS) continues to struggle with operational issues and could oversee a poor performance in the upcoming holiday season. The Analyst JPMorgan's Matthew Boss downgraded Gap from Neutral to Underweight with a price target lowered from $30 to $24. The...
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JPMorgan Sheds Bearish Under Armour Stance As Retailer's Turnaround Continues
Friday, September 21, 2018 - 10:48am | 387Under Armour Inc. (NYSE: UAA)’s recent multiyear margin initiatives under new President and COO Patrik Frisk spurred an upgrade from JPMorgan Friday. The Analyst Analyst Matthew Boss upgraded Under Armour from Underweight to Neutral and raised the price target from $16 to $20. The...
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Wall Street Weighs In On Five Below's Q1 Earnings
Thursday, June 7, 2018 - 5:19pm | 591Five Below Inc (NASDAQ: FIVE) shares rose 22 percent Thursday after the retailer's first-quarter earnings and sales beat. Discount retail remains one of the brightest spots in brick-and-mortar retail. On a scale of one to five, Five Below's Q1 print would rate "pretty close to a...
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Dollar General Shares Present Attractive Risk-Reward Entry Point, JPMorgan Says In Upgrade
Tuesday, April 17, 2018 - 4:26pm | 477A meeting with the management of Dollar General Corp. (NYSE: DG) left JPMorgan bullish on the discount retailer. This is in contrast to Raymond James' view that an increasingly competitive price strategy by Walmart Inc (NYSE: WMT) could hit encroach on the sector. The Analyst...
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JPMorgan On Kohl's Upgrade: 'Rare Large Cap Value Idea'
Friday, January 12, 2018 - 2:21pm | 413Despite gaining 70 percent over the past six months, Kohl's Corporation (NYSE: KSS)'s stock is still underperforming the S&P 500 index by 30 percent over the past three years. But according to Wall Street's newest bull analyst, the company should be viewed as a "rare large cap...
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What Does The Street Think Of Urban Outfitters Now?
Tuesday, January 9, 2018 - 3:33pm | 853Shares of Urban Outfitters, Inc. (NASDAQ: URBN) were trading lower by 4 percent Tuesday after the company released a concerning update to its holiday season performance. Specifically, total net sales for the two month period ended Dec. 31, 2017, rose 3.6 percent from the same period a year ago and...
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Nordstrom Troubles Are Priced In At This Point; JPMorgan Upgrades Stock
Tuesday, January 2, 2018 - 4:01pm | 3432017 wasn't doom and gloom for the entire retail and department sector and some Wall Street analysts are ready to become less bearish on underperforming names like Nordstrom, Inc. (NYSE: JWN). The Analyst JPMorgan's Matthew Boss upgraded Nordstrom's stock from Underweight to...