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BMO Slashes e.l.f. Beauty Price Target On Lack Of Earnings Visibility
Wednesday, February 27, 2019 - 12:55pm | 372e.l.f. Beauty Inc (NYSE: ELF) reported topline results Tuesday that were 4 percent below expectations and guided to fourth-quarter 2019 revenue that's15 percent lower than the current consensus estimate. The beauty brand has a lack of earnings visibility and is closing its unprofitable retail...
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Should Investors Buy The Dip In Ulta Beauty? The Street Debates
Friday, December 7, 2018 - 2:20pm | 592Retailer Ulta Beauty Inc (NASDAQ: ULTA) reported an earnings beat in its third-quarter results, while sales fell inline with expectations but management's outlook for the holiday quarter fell short of the Street's estimates. Here is a summary of how some of the Street's top analysts...
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6 Reasons Why Coty Is No Longer A Buy At BMO
Wednesday, August 22, 2018 - 10:35am | 417Beauty company Coty Inc (NYSE: COTY) reported fiscal fourth-quarter earnings Monday that prompted BMO Capital Markets to downgrade the stock on fears the company will miss its fiscal 2019 guidance. The Analyst BMO's Shannon Coyne downgraded Coty from Outperform to...
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BMO's 7 Reasons To Like Central Garden & Pet
Monday, August 13, 2018 - 3:01pm | 431Central Garden & Pet Co (NASDAQ: CENT), a producer and distributor of lawn, garden and pet supply products, boasts a strong product portfolio with substantial market share in niche categories, according to BMO Capital Markets. The Analyst BMO's Shannon Coyne initiated...
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7 Analysts Weigh In On Ulta's Q4 Miss
Monday, March 19, 2018 - 9:59am | 768Analyst updates poured in after Ulta Beauty Inc (NASDAQ: ULTA) reported a fourth-quarter earnings and sales miss, despite comps that were up 8 percent in the quarter. The cosmetics retailer issued weak first-quarter sales guidance and said it expects comps to rise 6-8 percent on the year. ...
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Ulta Beauty Bright Spots Don't Hide Its Blemishes
Friday, August 25, 2017 - 11:39am | 398Ulta Beauty Inc (NASDAQ: ULTA) reported a second-quarter earnings beat Thursday, but the market was skeptical, sending the stock down more than 10 percent in early Friday trading. According to BMO Capital Management analyst Shannon Coyne, investors have six reasons to be concerned about Ulta: The...
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Why E.L.F. Beauty's Inventory Build In Q4 Is A Good Thing
Thursday, March 9, 2017 - 2:05pm | 396Higher inventory is always considered as a negative for any company, but e.l.f. Beauty Inc (NYSE: ELF)’s heavier than expected inventory at the end of its fourth quarter is good. The cosmetics firm said it was a calculated move to increase supply of its fastest moving items, and should help...
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Beauty Stocks In The Eye Of One Sell-Side Beholder
Friday, December 16, 2016 - 3:43pm | 632BMO Capital Markets has started coverage of six beauty and consumer product stocks by assigning an Outperform rating for Spectrum Brands Holdings, Inc. (NYSE: SPB), Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ: ULTA) and e.l.f. Beauty Inc (NYSE: ELF). That said, the brokerage prefers be on...
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Clorox Pullback Presents A Clean Opportunity To Buy
Friday, December 16, 2016 - 11:45am | 297BMO Capital’s Shannon Coyne believes Clorox Co (NYSE: CLX) should be a “long-term core holding,” and that the recent selloff presents a buying opportunity. Coyne initiated coverage of the company with an Outperform rating and price target of $136. Attractive Opportunity...