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Is Nike's Stock Still A Buy At All-Time Highs? The Street Debates
Monday, December 21, 2020 - 11:25am | 636Nike Inc (NYSE: NKE) reported fiscal second-quarter results that came in better-than-expected and sent shares running to new all-time highs. The Analysts: Needham analyst Rick Patel maintains a Buy rating on Nike's stock with a price target lifted from $149 to $165. Raymond James analyst...
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Under Armour Analysts On Q3: 'All-Clear Signal Is Far From Here'
Monday, November 2, 2020 - 1:06pm | 671Under Armour Inc (NYSE: UAA)(NYSE: UA) shares were trading higher Monday after the company reported better-than-expected third-quarter earnings last week — and said its full-year numbers won’t be as bad as previously feared. Under Armour reported third-quarter adjusted EPS of 26 cents...
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Raymond James Upgrades O'Reilly Automotive On Bright Prospects
Monday, October 19, 2020 - 12:46pm | 261While O'Reilly Automotive Inc’s (NASDAQ: ORLY) near-term prospects for 2021 appear bright, its current stock valuation seems attractive for investors with long-term horizons as well, according to Raymond James. The O'Reilly Analyst: Matthew McClintock upgraded O'Reilly...
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Why This AutoZone Analyst Is Turning Bullish
Wednesday, October 14, 2020 - 11:47am | 288AutoZone, Inc. (NYSE: AZO) management issued guidance for the first time in around five years, and it's a positive signal for the fiscal first quarter and the full fiscal year 2021, according to Raymond James. The AutoZone Analyst: Matthew McClintock upgraded AutoZone from Outperform to...
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Nike Analysts Bullish Following Earnings Beat: 'Long-Awaited, Structurally Higher Margins'
Wednesday, September 23, 2020 - 1:16pm | 765Nike Inc (NYSE: NKE) shares traded higher by 10% on Wednesday in a down day for stocks after the company reported a huge surge in online sales in the fiscal first quarter and said trends in China are improving. On Tuesday afternoon, Nike reported first-quarter EPS of 95 cents on revenue of $10.59...
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7 Lululemon Analysts On The Q2 Print: 'We See The Pullback As An Opportunity'
Wednesday, September 9, 2020 - 12:07pm | 640Lululemon Athletica Inc (NASDAQ: LULU) reported second-quarter revenue that was up 2%, led by direct-to-consumer sales that rose 155% year-over-year. Here's what the Street had to say. The Lululemon Analysts: KeyBanc Capital Markets analyst Matthew DeGulis maintains a Sector Weight rating...
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Wall Street Weighs In On Home Depot's Blowout Q2, BofA Upgrades Stock
Wednesday, August 19, 2020 - 12:33pm | 585Home Depot Inc (NYSE: HD) was one of several major retailers to report blowout second-quarter earnings this week, sending the home improvement stock soaring. Home Depot posted second-quarter EPS of $4.02 on $38.05 billion in revenue Tuesday. Both numbers topped consensus analyst estimates of $...
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The Early Reaction To Target's Blowout Q2, 195% Online Sales Growth
Wednesday, August 19, 2020 - 10:47am | 557Shares of Target Corporation (NYSE: TGT) gained more than 12% Wednesday morning after reporting second-quarter results that came in well above expectations. Q2 Recap: Target said it earned $3.38 per share versus the $1.62 consensus estimate. Same-store sales were a record high of 24.3%...
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Lululemon Analyst Says Mirror Acquisition Is A Win-Win
Wednesday, August 12, 2020 - 4:36pm | 250Lululemon’s (NASDAQ: LULU) acquisition of Mirror is mutually beneficial for both companies, according to Raymond James. The Lulumeon Analyst: Matthew McClintock reiterated a Strong Buy rating on Lululemon. The Lululemon Thesis: McClintock estimated that Mirror has the...
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Hanesbrands Analysts Upgrade Stock Ahead Of Q2 Report, Eye PPE Sales Opportunity
Wednesday, July 15, 2020 - 12:09pm | 413Hanesbrands Inc. (NYSE: HBI) is scheduled to report second-quarter results Thursday, July 30, and two analysts are upgrading the stock ahead of the print. The Hanesbrands Analysts BofA Securities analyst Heather Balsky upgraded Hanesbrands from Underperform to Neutral and lifted...
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The Street Debates Whether Best Buy Investors Should Buy The Dip
Friday, May 22, 2020 - 4:27pm | 1018Electronics retailer Best Buy Co., Inc. (NYSE: BBY) reported Thursday first quarter results, highlighted by a 5.7% year-over-year drop in comps which was still better than expected. EPS also came in better than expected but the stock traded lower as investors debated its outlook in an uncertain...
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Wall Street Weighs In On Target's Q1 Earnings
Thursday, May 21, 2020 - 12:35pm | 520Target Corporation (NYSE: TGT) reported some impressive first-quarter numbers on Wednesday, but the market response has been lackluster due to concerns over slumping margins. Target reported adjusted EPS of 59 cents on revenue of $19.62 billion. Both numbers beat consensus analyst estimates of 40...
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American Eagle Analyst Upgrades Retailer After It Shows 'Huge Signal Of Strength'
Wednesday, May 6, 2020 - 2:40pm | 295Shares of American Eagle Outfitters Inc (NYSE: AEO) are trading at attractive valuation levels, the company has enough liquidity to operate even if all its stores remain closed for the next 12 months, according to Raymond James. The American Eagle Analyst Matthew McClintock upgraded American Eagle...
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'Not Satisfied': The Street's Reaction To Under Armour's Q4
Wednesday, February 12, 2020 - 3:37pm | 653Under Armour Inc (NYSE: UAA) reported fourth-quarter results that prompted a big sell-off in the stock. Multiple Street analysts have weighed in to debate if investors should buy the dip. CEO 'Not Satisfied' Under Armour CEO Patrik Frisk said during the company's conference call he is...
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Analyst Says Buy The Dip Nike's Post-Earnings Drop
Friday, December 20, 2019 - 11:05am | 422Shares of Nike Inc (NYSE: NKE) traded lower despite reporting a top- and bottom-line earnings along with a net income of $1.12 billion in its fiscal second-quarter earnings report. Raymond James analyst Matthew McClintock offered his take as to why this happened. 'Buy The Dip' In NKE This...