-
2 Stocks Jefferies Just Downgraded; Should You Be Concerned?
Friday, November 6, 2015 - 11:56am | 578Men's Wearhouse Inc (NYSE: MW) shares have plumged 45 percent in the last one month, while shares of Skullcandy Inc (NASDAQ: SKUL) are down 14 percent over the same period. Jefferies analysts downgraded the ratings on both the companies from Buy to Hold, while reducing their price...
-
Why Jefferies Likes Nike After Earnings
Friday, June 26, 2015 - 1:36pm | 384It seems like almost everyone was surprised by Nike Inc (NYSE: NKE)’s earnings, reported on Thursday afternoon. Even the most bullish estimates pointed to earnings below $0.90 per share, but they finally came in at $0.98 per share, up 25 percent year-over-year. The Rating Following the...
-
Jefferies Says Vera Bradley 'Tough To Stomach,' Cuts Target
Thursday, June 4, 2015 - 10:52am | 295In a report published Thursday, Jefferies analyst Randal J. Konik maintained a Buy rating on Vera Bradley, Inc. (NASDAQ: VRA), while lowering the price target from $23 to $18. While trends continue to be extremely challenges for the company, the situation is exacerbated due to signs of softening in...
-
Skullcandy Is 'Sweet Music' To This Analyst's Ears
Thursday, April 2, 2015 - 12:09pm | 264Jefferies raised its price target on Skullcandy Inc (NASDAQ: SKUL) Thursday from $14 to $17 and maintained a Buy rating following an investor meeting. Analysts led by Randal J. Konik viewed the company "as the best small cap idea in consumer discretionary today based on better management,...
-
Wall Street Reacts To Fossil Group
Wednesday, February 18, 2015 - 12:21pm | 367Shares of Fossil Group Inc (NASDAQ: FOSL) fell more than 18 percent Wednesday following a disappointing Q4. Below are two analyst reactions to the news. Barclays analyst Matthew McClintock commented that Fossil had been making long-term investments but that investors had been unable to see the...
-
Analysts Diverge On Deckers Outdoor Forecast
Monday, February 9, 2015 - 4:09pm | 264Deckers Outdoor Corp's (NYSE: DECK) 13 percent sales growth year-to-date for its core UGG footwear brand suggest a "meaningful consumer appetite" for the product, an analyst said Monday. Jefferies' Randal J. Konik reiterated a Buy rating and $110 target on Deckers, and said...
-
Deckers Outdoor Plummets, Analysts Divided
Friday, January 30, 2015 - 12:58pm | 426Deckers Outdoor Corp (NYSE: DECK) shares tumbled Friday a day after the maker of Ugg boots missed expectations for its fiscal third quarter and cut its outlook. The company traded recently down more than 18 percent to $67.26 a share. With about a quarter of the company's revenue coming...
-
Jefferies Reiterates On Michael Kors, Sees Holiday Promotions 'In Check'
Thursday, January 8, 2015 - 2:37pm | 228Jefferies reiterated its Buy rating and $100 price target on Michael Kors Holdings Ltd (NYSE: KORS) Thursday. Analysts led by Randal J. Konik commented that “online channel checks show promotional levels at Michael Kors are in check, further reinforced by management's comments that...
-
A Closer Look At 3 Apparel Companies
Wednesday, January 7, 2015 - 3:08pm | 332Michael Kors Holdings Ltd (NYSE: KORS) fell 8 percent on Tuesday after Credit Suisse analyst Christian Buss downgraded it from Outperform to Neutral and lowered the price target from $103.00 to $79.00. So what are other options in the apparel industry? Hanesbrands Inc. (NYSE: HBI) Over the...
-
UPDATE: Jefferies Downgrades Under Armour But Sees Positive 2015 Outlook
Monday, January 5, 2015 - 11:32am | 113In a report published Monday, Jefferies analyst Randal J. Konik downgraded Under Armour Inc (NYSE: UA)from Buy to Hold and lowered the price target from $80.00 to $75.00. In the report, Jefferies noted, “After a tough year, we remain constructive on retail stocks into 2015 as the macro environment...
-
UPDATE: Jefferies Upgrades Skullcandy On Positive 2015 Outlook
Monday, January 5, 2015 - 11:21am | 111In a report published Monday, Jefferies analyst Randal J. Konik upgraded Skullcandy Inc (NASDAQ: SKUL) from Hold to Buy and raised the price target from $9.00 to $11.00. In the report, Jefferies noted, “After a tough year, we remain constructive on retail stocks into 2015 as the macro environment...
-
Jefferies: Michael Kors' International Story Unappreciated
Monday, December 22, 2014 - 3:43pm | 317Michael Kors Holdings Ltd's (NYSE: KORS) international business is a significant growth opportunity that is under-valued by the stock market, an analyst said Monday. Jefferies' Randal J. Konik said the British-based women's apparel and accessories designer's European revenue...
-
UPDATE: Jefferies Reiterates On Urban Outfitters On 4 Unique Views To Consider
Tuesday, November 18, 2014 - 9:33am | 111In a report published Tuesday, Jefferies analyst Randal J. Konik reiterated a Buy rating on Urban Outfitters, Inc. (NASDAQ: URBN), but lowered the price target from $45.00 to $40.00. In the report, Jefferies noted, “The URBN story going forward clearly hinges upon sustained progress at the core...
-
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...
-
UPDATE: Jefferies Reiterates On Ulta Salon, Cosmetics & Fragrance, Inc. Following Strong 2Q Results
Friday, September 12, 2014 - 9:08am | 123In a report published Friday, Jefferies analyst Randal J. Konik reiterated a Hold rating on Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ: ULTA), and raised the price target from $92.00 to $110.00. In the report, Jefferies noted, “ULTA delivered strong 2Q results, with topline and EPS above...