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Lululemon Athletica Q3 Earnings Preview
Wednesday, December 10, 2014 - 12:13pm | 512Lululemon Athletica inc (NASDAQ: LULU) will report its Q3 earnings on Thursday. The average Q3 analyst revenue estimates for the company were $424.60 million with EPS of $0.38. Ahead of the earnings release the stock traded higher Wednesday morning at $48.33, up 1.26 percent. Several...
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Broadcom Analyst Roundup
Wednesday, December 10, 2014 - 11:19am | 608Broadcom Corporation (NASDAQ: BRCM) announced a range of shareholder-focused initiatives at its annual Analyst Day on Tuesday. The stock responded by trading higher Wednesday morning with shares surging over 2 percent to $43.64. Below are highlights from analyst comments following the meeting...
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Analysts: Aeropostale Profits May Be Grounded Indefinitely
Friday, December 5, 2014 - 10:35am | 327Aeropostale Inc (NYSE: ARO) could be grounded indefinitely, analysts said Thursday after the teen apparel retailer posted disappointing results. Aeropostale closed Thursday at $2.48, down $0.71. Year-to-date, the company has lost more than 72 percent of its value. "No matter how many...
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Analysts: Guess? Turnaround 'Will Take Time'
Friday, December 5, 2014 - 10:14am | 270Guess?, Inc. (NYSE: GES) fell more than 9 percent Thursday after it cut guidance for the fourth quarter and analysts offered divided views on the company's outlook. The apparel retailer is struggling to turnaround its business, but "this will take time to play out," Topeka analyst...
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Abercrombie & Fitch Analyst Roundup
Wednesday, December 3, 2014 - 4:41pm | 397Abercrombie & Fitch Co. (NYSE: ANF) reported Q3 financial results Wednesday and lowered its full fiscal year forecast. The stock moved higher in spite of the results, trading at $28.75 Wednesday afternoon, up 3.27 percent. Below are highlights from analysts following the news along with...
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Topeka Discusses Thanksgiving Sales, Twitter, Oil & Amazon.com
Friday, November 28, 2014 - 2:59pm | 300Topeka released a note on Friday discussing online sales and the impact of oil prices. Analyst Victor Anthony noted that ChannelAdvisor reported online sales grew 20.1 percent year-over-year on Thanksgiving, with Amazon sales up 25.9 percent, eBay up 3 percent, Google PLA up 21.1 percent and...
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Palo Alto Networks Analyst Roundup Following Fiscal Q1 Earnings
Tuesday, November 25, 2014 - 4:18pm | 847Palo Alto Networks Inc (NYSE: PANW) reported fiscal Q1 results Monday and beat expectations. The stock surged Tuesday, trading at $119.8, up 5.78 percent in the afternoon. Below are highlights from analysts following the results along with current ratings and price targets. All those featured...
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Analysts Skeptical On Deal For DreamWorks Animation
Friday, November 14, 2014 - 3:05pm | 469DreamWorks Animation Skg Inc's (NASDAQ: DWA) big jump on speculation that it could be acquired by Hasbro, Inc. (NASDAQ: HAS) stirred skepticism among analysts Friday. Topeka's David Miller said the chatter marks the second time in six weeks -- and the seventh time he can remember --...
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Topeka Initiates Coverage On MasterCard And Visa
Wednesday, November 12, 2014 - 10:19am | 218John Williams of Topeka Capital Markets initiated coverage of MasterCard Inc (NYSE: MA) with a Hold rating and $87 price target on Wednesday. The analyst also initiated coverage of Visa Inc (NYSE: V) with a Hold rating and $261 price target. MasterCard: Fully Valued Williams notes that...
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Topeka Intiates Coverage On Visa, Verifone
Tuesday, November 11, 2014 - 6:07pm | 253Topeka issued reports Tuesday on Financial Technology, initiating coverage on Visa Inc (NYSE: V) and Verifone Systems Inc (NYSE: PAY). Analyst John T. Williams rated Visa a Hold with a $261 price target. Williams noted that Visa “remains the industry leader in terms of...
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Topeka Reiterates On Fossil Group Ahead Of Q3 Report
Tuesday, November 11, 2014 - 4:22pm | 149Topeka previewed Fossil Group Inc (NASDAQ: FOSL) Tuesday and reiterated its Buy rating and $150 price target ahead of the firm announcing Q3 results after the market close. Analyst Dorothy Lakner noted that “coming on top of a 1H where it beat expectations in both quarters, we expect...
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Topeka Reiterates On Yahoo
Thursday, November 6, 2014 - 12:36pm | 105On Thursday, analysts at Topeka reiterated the Buy rating and raised the price target from $47 to $57 on shares of Yahoo! Inc. (NASDAQ: YHOO). Analysts at the firm feel that Yahoo’s core business is showing signs of stabilization and management is committed to returning value to...
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Topeka Raises Alibaba Price Target, Gives Company An A-
Wednesday, November 5, 2014 - 11:47am | 205Topeka Capital raised its price target on Alibaba Group Holding Ltd (NYSE: BABA) Wednesday from $117 to $125. The firm noted that “Alibaba delivered a strong quarter, with accelerating GMV growth and accelerating revenue growth across all segments.” The price target was raised...
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Multiple Analysts Comment On Michael Kors Following Earnings
Tuesday, November 4, 2014 - 5:17pm | 219On Tuesday, Michael Kors Holdings Ltd (NYSE: KORS) reported financial results for the fiscal second quarter. Despite beating top and bottom line estimates, shares closed down 8.4 percent on Tuesday, possibly due to the company’s weaker revenue guidance. Following the results analysts at...
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A Bull And Bear On Crown Castle International
Monday, November 3, 2014 - 4:15pm | 204Topeka downgraded Crown Castle International Corp. (NYSE: CCI) from Buy to Neutral and lowered its price target from $85 to $80. Meanwhile, Goldman Sachs analyst Brett Feldman upgraded the stock from Neutral to Buy and felt it was more attractive than American Tower Corp., according to...