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UPDATE: Stifel Upgrades Abercrombie & Fitch
Tuesday, August 12, 2014 - 9:00am | 110Read More...In a note released Tuesday morning, Stifel analyst Richard Jaffe upgraded shares of Abercrombie & Fitch (NYSE: ANF) from Hold to Buy with a $50 price target and called the stock the "best of the bunch." Jaffe wrote, "Despite an improved fashion assortment, the current...
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UPDATE: Stifel Upgrades The Men's Wearhouse As JOSB Acquisition Is Complete
Wednesday, July 2, 2014 - 8:34am | 209Read More...In a report published Wednesday, Stifel analyst Richard Jaffe upgraded the rating on The Men's Wearhouse (NYSE: MW) from Hold to Buy, and named a $67.00 price target. In the report, Stifel noted, “After reviewing our MW/JOSB assumptions following the closing of the JOSB acquisition and adjusting...
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Stifel: Chicos Acquisition Could Be Worth $3.2 Billion
Tuesday, June 10, 2014 - 1:19pm | 164Read More...Shares of Chicos (NYSE: CHS) are up more than eight percent after the Financial Times reported that the company may be looking to be acquired by a private equity firm. Stifel analyst Richard Jaffe commented that a deal of this nature could be beneficial for Chicos shareholders. According to...
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UPDATE: Stifel Upgrades L Brands Amid 'Solid' Q1 Results
Friday, May 23, 2014 - 9:10am | 107Read More...In a note released Friday morning, Stifel analyst Richard Jaffe upgraded shares of L Brands (NYSE: LB) from Hold to Buy. Jaffe began the note by citing first quarter sales growth of five percent and an above consensus EPS of $0.53. Additionally, Jaffe noted that this was achieved without...
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Gap's Q4 Comps Rise But Investors Are Underwhelmed
Thursday, February 27, 2014 - 5:59pm | 668Read More...Gap Inc. (NYSE: GPS) ended 2013 on a high note -- perhaps higher than some expected. The retailer's comparable sales increased one percent during the quarter and were up two percent for the full fiscal year. This was inline with the firm's third quarter, which also saw comps increase by one...
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Nordstrom's Quarterly Results: Analysts Calm About Long-Term, But Short-Term Questions Remain
Friday, February 21, 2014 - 5:15pm | 1208Read More...High-end retailer Nordstrom (NYSE: JWN) reported mixed fourth quarter results on Thursday. Revenue of $3.61 billion fell short of the consensus estimate by $110 million, while an EPS of $1.37 was good for $0.03 beat. Profit for the quarter was hurt by a promotional frenzied holiday season...
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UPDATE: Stifel Downgrades Nordstrom, Sees Few New Store Opportunities
Friday, February 21, 2014 - 1:00pm | 189Read More...In a report published Thursday, Stifel analyst Richard Jaffe downgraded Nordstrom (NYSE: JWN) from Buy to Hold and removed the $65.00 price target. On Thursday, Nordstrom reported fourth quarter and fiscal year 2013 earnings. The company reported fourth quarter EPS of $1.37, a 3% decrease from...
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Did Joseph A. Bank Just Choose Eddie Bauer Over Men's Wearhouse?
Friday, February 14, 2014 - 5:18pm | 779Read More...Joseph. A. Bank's (NASDAQ: JOSB) seemingly never ending saga with Men's Wearhouse (NYSE: MW) took an interesting turn on Friday. Jos. A. Bank has agreed to acquire Everest Holdings, the parent company of Eddie Bauer, in a cash and stock deal valued at $825 million. Under the terms of the deal...
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UPDATE: Stifel Downgrades American Eagle Outfitters Following CEO Replacement
Thursday, January 23, 2014 - 9:08am | 179Read More...In a report published Thursday, Stifel analyst Richard Jaffe downgraded American Eagle Outfitters (NYSE: AEO) to Hold from Buy, following the announcement that Jay Schottenstein, Executive Chairman of the Board, has been appointed as the company's Interim CEO, succeeding CEO Robert Hanson until a...
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Macy's To Beat Analyst Estimates And Cut Jobs
Thursday, January 9, 2014 - 9:34am | 590Read More...What a difference a few months can make. Macy’s (NYSE: M), the country’s second-largest department store chain, said it would beat analysts' estimates for profit through January 2015. In a statement, the company forecast profits per share of $4.40 to $4.50. According to Bloomberg, the average...
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UPDATE: Stifel Nicolaus Initiates Coverage on Vince Holdings, Says Positives are Fully Reflected in Share Price
Tuesday, December 17, 2013 - 9:27am | 140Read More...In a report published Tuesday, Stifel analyst Richard Jaffe initiated coverage on Vince Holdings Corp. (NYSE: VNCE) with a Hold rating. In the report, Stifel noted, “The outlook for the company is favorable, in our opinion, given its trend-right, attractive, and broadly appealing product and very...
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UPDATE: Stifel Reiterates on Tilly's on Guarded Outlook for Holiday
Wednesday, November 27, 2013 - 10:15am | 171Read More...In a report published Wednesday, Stifel analyst Richard Jaffe reiterated a Buy rating on Tilly's (NYSE: TLYS), but lowered the price target from $18.00 to $15.00. In the report, Stifel noted, “Tilly's Inc. reported 3Q EPS of $0.22 (company guided $0.19-$0.22), in line with our estimate and...
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UPDATE: Stifel Downgrades The Men's Wearhouse Ahead of Possible Acquisition by JOSB
Thursday, October 17, 2013 - 12:01pm | 121Read More...In a report published Thursday, Stifel analyst Richard Jaffe downgraded the rating on The Men's Wearhouse (NYSE: MW) from Buy to Hold, and removed the $40.00 price target. In the report, Stifel noted, “We are downgrading MW to a Hold rating from a Buy. In our opinion, the JOSB acquisition of MW...
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UPDATE: Stifel Nicolaus Lowers PT on American Eagle Outfitters Following Lowered 2Q EPS Guidance
Tuesday, August 6, 2013 - 11:21am | 150Read More...In a report published Tuesday, Stifel Nicolaus analyst Richard Jaffe reiterated a Buy rating on American Eagle Outfitters (NYSE: AEO), but lowered the price target from $26.00 to $22.00. In the report, Stifel Nicolaus noted, “[Last] evening American Eagle Outfitters lowered its 2Q EPS guidance...
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UPDATE: Stifel Nicolaus Raises PT on The Gap on Positive Summer Results
Friday, July 12, 2013 - 9:12am | 137Read More...In a report published Friday, Stifel Nicolaus analyst Richard Jaffe reiterated a Buy rating on The Gap (NYSE: GPS), and raised the price target from $45.00 to $48.00. In the report, Stifel Nicolaus noted, “Compelling merchandise and effective promotions across all divisions helped to drive...
