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UPDATE: Sterne Agee Upgrades Finish Line on More Positive Outlook
Monday, November 25, 2013 - 9:44am | 121In a report published Monday, Sterne Agee analyst Sam Poser upgraded the rating on Finish Line (NASDAQ: FINL) from Underperform to Neutral, but removed the $18.00 price target. In the report, Sterne Agee noted, “After being on the wrong side of the trade this year and after a recent meeting with...
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UPDATE: Sterne Agee Downgrades Lululemon Athletica as Current Valuation is Not Sustainable
Thursday, November 14, 2013 - 11:08am | 125In a report published Thursday, Sterne Agee analyst Sam Poser downgraded the rating on Lululemon Athletica (NASDAQ: LULU) from Neutral to Underperform, and lowered the price target from $75.00 to $56.00. In the report, Sterne Agee noted, “Downgrading to Underperform: The current valuation of over...
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UPDATE: Sterne Agee Downgrades Lululemon Athletica Following Signs of Leadership Alienating Customer Base
Thursday, November 14, 2013 - 8:08am | 115In a report published Thursday, Sterne Agee analyst Sam Poser downgraded Lululemon Athletica (NASDAQ: LULU) from Buy to Underperform and moved the price target to $56.00. In the report, Sterne Agee said, "The current valuation of over 27X 2014E is not sustainable as the company is alienating the...
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UPDATE: Sterne Agee Downgrades Shoe Carnival on Multiple Challenges Ahead
Monday, October 28, 2013 - 9:14am | 111In a report published Monday, Sterne Agee analyst Sam Poser downgraded the rating on Shoe Carnival (NASDAQ: SCVL) from Buy to Neutral. In the report, Sterne Agee noted, “SCVL's customer base has been pressured by the government shutdown, which continues to hurt store traffic. Trends in athletic...
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UPDATE: Sterne Agee Upgrades Nike After Earnings Report
Friday, September 27, 2013 - 12:09pm | 113In a report published Friday, Sterne Agee analyst Sam Poser upgraded the rating on Nike (NYSE: NKE) from Neutral to Buy, and named an $85.00 price target. In the report, Sterne Agee noted, “Strong results, a 10% increase in FX neutral future orders, material improvement in the Western European...
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Sterne Agee Reiterates Neutral Rating on Lululemon Athletica, Awaiting New CEO Announcement
Wednesday, September 4, 2013 - 9:07am | 98In a report published Wednesday, Sterne Agee analyst Sam Poser reiterated a Neutral rating on Lululemon Athletica (NASDAQ: LULU). In the report, Sterne Agee noted, “The stock will likely be range-bound until there is more certainty with regards to CEO replacement. It will be much tougher to find...
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Sterne Agee Reiterates Neutral Rating on Genesco, Awaiting Further Clarity
Tuesday, September 3, 2013 - 8:45am | 117In a report published Monday, Sterne Agee analyst Sam Poser reiterated a Neutral rating on Genesco (NYSE: GCO). In the report, Sterne Agee noted, “Do not add to positions until there is more clarity on 4Q trends. 2H14 results should benefit from easing SSS comparisons, an NFL licensed business...
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Sterne Agee Reiterates Buy on Shoe Carnival on Mixed Factors
Tuesday, September 3, 2013 - 8:44am | 119In a report published Monday, Sterne Agee analyst Sam Poser reiterated a Buy rating and $30.00 price target on Shoe Carnival (NASDAQ: SCVL). In the report, Sterne Agee noted, “Reiterate Buy rating. While we were disappointed with top-line results, margins and expenses were managed well. QTD SSS...
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UPDATE: Sterne Agee Downgrades Crocs on Raised Concerns, Lowered Estimates
Thursday, August 8, 2013 - 9:08am | 91In a report published Thursday, Sterne Agee analyst Sam Poser downgraded Crocs (NASDAQ: CROX) from Neutral to Underperform, and named a $10.00 price target. In the report, Sterne Agee noted, “Vacate positions in CROX: There is a global senior leadership void. 3 of 5 regions have no director....
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UPDATE: Sterne Agee Downgrades DSW on Fair Valuation
Monday, July 15, 2013 - 8:53am | 96In a report published Monday, Sterne Agee analyst Sam Poser downgraded DSW (NYSE: DSW) from Buy to Neutral, and removed the $80.00 price target. In the report, Sterne Agee noted, “The stock is fairly priced and is trading at our previous price target of $80. Current trends continue to be robust...
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UPDATE: Sterne Agee Downgrades Genesco on Valuation
Monday, July 15, 2013 - 8:49am | 107In a report published Monday, Sterne Agee analyst Sam Poser downgraded the rating on Genesco (NYSE: GCO) from Buy to Neutral, and removed the $74.00 price target. In the report, Sterne Agee noted, “We are moving to the sidelines based on valuation. The recent rapid run-up in the stock has...
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UPDATE: Sterne Agee Downgrades Steven Madden on Valuation
Monday, July 15, 2013 - 8:39am | 106In a report published Monday, Sterne Agee analyst Sam Poser downgraded the rating on Steven Madden (NASDAQ: SHOO) from Buy to Neutral, and removed the $51.00 price target. In the report, Sterne Agee noted, “The stock is priced for perfection and is trading at our previous price target of $51....
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UPDATE: Sterne Agee Raises PT on Wolverine World Wide on Adjusted Estimates
Wednesday, July 10, 2013 - 8:48am | 139In a report published on Wednesday, Sterne Agee analyst Sam Poser raised the price target on Wolverine World Wide (NYSE: WWW) from $36 to $43 and maintained an Underperform rating. In the report, Sterne Agee stated, "The current EBITDA multiple of 12.5X our '14 estimates is far to rich given...
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UPDATE: Sterne Agee Downgrades Lululemon Athletica on CEO Resignation
Tuesday, June 11, 2013 - 9:03am | 189In a report published on Tuesday, Sterne Agee analyst Sam Poser downgraded Lululemon Athletica (NASDAQ: LULU) from Buy to Neutral, and lowered the price target from $90.00 to $75.00. In the report, Sterne Agee noted, "We believe that the cultural cohesiveness that Ms. Day brought to LULU will...
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Sterne Agee's Poser Bullish on Nike
Monday, March 5, 2012 - 3:48pm | 72Sterne Agee's analyst Sam Poser just appeared on CNBC and presented a bullish case for Nike (NYSE: NKE). Poser based his case on the company's move to incorporate technology into its products. Nike recently released its Fuelband--a wrist bracelet that tracks the activity of the wearer throughout...