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'Nothing To Fear' In Nike's Earnings, Sterne Agee CRT Says
Thursday, March 17, 2016 - 12:35pm | 429Nike Inc (NYSE: NKE) is expected to report its third quarter financial results on March 22. Analyst Sam Poser of Sterne Agee CRT says "nothing to fear" about the upcoming quarterly report. Wall Street analysts, on average, expect the athletic footwear and apparel giant to earn $0.49 a...
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Wolverine World Wide Upgraded By This Firm, But Bulls Be Warned
Tuesday, January 5, 2016 - 6:02pm | 241Sterne Agee CRT analyst Sam Poser upgraded Wolverine World Wide, Inc. (NYSE: WWW) on Tuesday, noting "things aren't pretty, but the story has played out." The firm now holds a Neutral rating on shares versus a previously held Underperform. Despite the upgrade, the firm cut...
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Recent Selloff In Shoe Stocks No Reason To Panic, Report Says
Monday, December 28, 2015 - 1:29pm | 432Shares of Nike Inc (NYSE: NKE) and Under Armour Inc (NYSE: UA) are down 6 percent and 9 percent, respectively, in the last one month, while Skechers USA Inc shares (NYSE: SKX) are up 1 percent. Sterne Agee CRT’s Sam Poser maintained Buy ratings on all three companies. The weekly...
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Wolverine World Wide Outlook Much Worse Than Expected, Warns Analyst
Wednesday, October 21, 2015 - 9:33am | 293Wolverine World Wide, Inc. (NYSE: WWW) shares have been treading a downward path in the last three months and are down 30 percent since July 21. Sterne Agee CRT’s Sam Poser downgraded the rating on the company to Underperform, while establishing a price target of $16. A weak...
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Lululemon Athletica Shares Jump On Improved Outlook
Monday, January 12, 2015 - 11:42am | 212Lululemon Athletica Inc. (NASDAQ: LULU) jumped after the apparel retailer boosted its fourth-quarter outlook, citing strong holiday sales and improving trends. Lululemon changed hands recently at $61.89, up more than 5 percent. The apparel retailer was also upgraded to Neutral, from...
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UPDATE: Sterne Agee Downgrades Nike As Long-Term Story Remains Intact
Friday, November 14, 2014 - 8:57am | 130In a report published Friday, Sterne Agee analyst Sam Poser downgraded the rating on Nike Inc (NYSE: NKE) from Buy to Neutral, and removed the $95.00 price target. In the report, Sterne Agee noted, “The stock is priced for perfection and is trading above our prior PT of $95. Current trends are...
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UPDATE: Sterne Agee Downgrades Lululemon On Damaged Brand
Friday, November 14, 2014 - 8:46am | 133In a report published Friday, Sterne Agee analyst Sam Poser downgraded the rating on Lululemon Athletica inc. (NASDAQ: LULU) from Neutral to Underperform, but named a $39.00 price target. In the report, Sterne Agee noted, “The Lululemon brand has been damaged due to the many events of 2013 and the...
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Sterne Agee Lowers 4Q14 Estimates For Wolverine World Wide, Inc.
Monday, October 6, 2014 - 10:23am | 109In a report published Monday, Sterne Agee analyst Sam Poser reiterated an Underperform rating and $23.00 price target on Wolverine World Wide, Inc. (NYSE: WWW). In the report, Sterne Agee noted, “Reiterate Underperform rating. Trends in Sperry and Merrell have not improved since WWW provided...
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Skechers USA Inc Sinks On Back-To-School Wind-Down
Wednesday, September 17, 2014 - 1:21pm | 223Skechers USA Inc (NYSE: SKX) tumbled Wednesday from near a 52-week high after a market researcher reported sharply slowing sales growth for U.S. athletic footwear in the important back-to-school season. SportsOneSource Group said sales in the category grew two percent in the week ended...
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UPDATE: Lululemon Shares Respond To Rating Change
Thursday, June 5, 2014 - 9:28am | 225Shares of Lululemon (NASDAQ: LULU) are up more than two percent in pre-market trading following an upgrade by Sterne Agee. Sterne Agee currently has a Neutral rating on Lululemon. Commenting on valuation, analyst Sam Poser stated, “There is a likelihood that LULU will continue to drift...
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Dick's Sporting Goods Upgraded At Sterne Agee And Intiated At CRT Capital
Wednesday, May 14, 2014 - 3:20pm | 272Dick's Sporting Goods (NYSE: DKS) managed to capture the attention of CRT, which initiated coverage on the company with a $65 price target this morning. Sterne Agee analyst Sam Poser is out also with a Buy rating on Dick's along with a $64 price target. Aside from the typical excuse this year...
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UPDATE: Sterne Agee Downgrades Under Armour
Thursday, March 20, 2014 - 8:44am | 103High flying share of Under Armour (NYSE: UA) were downgraded by Sterne Agee from Buy Neutral, but announced a 2017 price target of $170. Analyst Sam Poser remains “very bullish on the long-term outlook for UA due to the ongoing momentum of all apparel categories, progress in athletic footwear, and...
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These Boots are Made for Walking: Sterne Agee Reiterates Deckers
Monday, January 6, 2014 - 2:15pm | 183In an intraday report published Monday, Sterne Agee analyst Sam Poser reiterated a Buy and $110 price target on Deckers Outdoor (NASDAQ: DECK). Retailers reported that UGG sales increased over 20% in December. Poser noted that waterproof boots, other boots and slippers are strong sellers. These...
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Sterne Agee Optimistic on Deckers Outdoor
Thursday, December 19, 2013 - 3:35pm | 163Analysts at Sterne Agee issued a positive commentary note on Deckers Outdoor (NASDAQ: DECK) on December 19. Sam Poser, analyst at Sterne Agee spoke with independent and larger retailers and came to the conclusion that the company's UGGs business is showing a resurgence this holiday season. “Based...
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UPDATE: Sterne Agee Reiterates on Deckers Outdoor Following Review of Fall '14 UGG Product Offerings
Wednesday, December 4, 2013 - 1:01pm | 115In a report published Wednesday, Sterne Agee analyst Sam Poser reiterated a Buy rating on Deckers Outdoor (NASDAQ: DECK), and raised the price target from $88.00 to $110.00. In the report, Sterne Agee noted, “After previewing the fall '14 UGG collection, for 2H14, we anticipate a modest increase...