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Abercrombie No Longer In Talks For Sale
Monday, July 10, 2017 - 9:02am | 412Abercrombie & Fitch Co. (NYSE: ANF) shares plummeted as much as 16.4 percent in Monday’s premarket trading on news that it had terminated talks for a potential sale. The board announced in a press release that the best conceived way to increase shareholder value is through pursuit of its...
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InnerWorkings Represents A Pocket Of Value In An Otherwise Expensive Tech Sector
Thursday, June 29, 2017 - 10:12am | 370Wunderlich said in a note on Thursday InnerWorkings, Inc. (NASDAQ: INWK) represents a pocket of value in an otherwise expensive tech sector. The comment comes close on heels of the firm's marketing trip with CEO Eric Belcher. Analyst Ryan MacDonald noted that InnerWorkings remains focused on...
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Expect American Outdoor To Aim Conservatively When It Issues Guidance Next
Thursday, June 22, 2017 - 3:04pm | 356American Outdoor Brands Corp (NASDAQ: AOBC) will announce its fourth-quarter earnings on June 29, expected to be in line with guidance and consensus estimates. Wunderlich analyst Rommel Dionisio also expects the company to announce initial fiscal 2018 guidance. Dionisio reiterated a Hold rating and...
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As Abercrombie & Fitch's Sales Process Progresses, Is It Time To Step To The Sidelines?
Thursday, June 22, 2017 - 11:18am | 498Wunderlich analyst Eric Beder sees Abercrombie & Fitch Co. (NYSE: ANF) as a potential acquisition target, pushing him to raise his rating from Sell to Hold. “Although we believe the company's business model remains broken and the potential for a turn remains limited, in our view, the...
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Wunderlich Takes Adobe Price Target To $165 Following Q2 Earnings
Wednesday, June 21, 2017 - 9:25am | 307After a strong Q2 earnings report, Wunderlich analyst Ryan MacDonald reiterated his Buy rating on Adobe Systems Incorporated (NASDAQ: ADBE) and raised his price target from $145 to $165 . A Closer Look At Q2 Revenue: $1.77 billion vs. $1.73 billion consensus (86 percent comes from recurring...
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Tailored Brands Fitting Into A Better Business Model After Mixed Q1
Thursday, June 8, 2017 - 12:59pm | 412Shares of Tailored Brands Inc (NYSE: TLRD), the parent company of Men's Wearhouse and other men's apparel brands, initially traded lower after the company reported its first quarter results. But by Thursday, the stock was trading higher more than 7 percent as some among the Street found the...
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Eagle Ford, Texas Shale Oil, Still Has Plenty Of Life
Wednesday, June 7, 2017 - 8:37am | 420The Eagle Ford, a sedimentary rock formation in south Texas that has produced more than 3.8 billion barrels of oil equivalent since 2008, still has plenty of life left if the oil bust ever ends. Oil and Gas Investor magazine reported that Lonestar Resources US Inc. (NASDAQ: LONE) said May 30 it...
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Palo Alto Soars 15% On Thursday, But What Are Analysts Saying?
Thursday, June 1, 2017 - 2:17pm | 625Shares of Palo Alto Networks Inc (NYSE: PANW) gained more than 15 percent on Thursday after the company's fiscal third-quarter report handily exceeded expectations. Here is a summary of what some of Wall Street's most notable analysts are saying about Palo Alto's stock after the...
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Inside Palo Alto's 'Recovery Quarter'
Thursday, June 1, 2017 - 1:20pm | 537Reviewing Palo Alto Networks Inc (NYSE: PANW)'s third-quarter results, Wunderlich said investors will be encouraged by the better-than-expected in the recovery quarter. Q3 Review Analyst Bill Choi said the results showed signs of stabilization in sales cycles and improved predictability of...
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Amid Takeover Reports, Abercrombie & Fitch Flies On Eagle's Wings
Wednesday, May 24, 2017 - 1:41pm | 391Abercrombie & Fitch Co. (NYSE: ANF) soared more than 12 percent Wednesday afternoon on a Dow Jones report that Cerberus Capital Management and American Eagle Outfitters (NYSE: AEO) were collaborating on a joint acquisition and intend to close a deal within a month. None of the involved parties...
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Cisco's Sell-Side Roundup: The Good And Bad In Q3, And What's Next
Friday, May 19, 2017 - 7:46am | 739Cisco Systems, Inc. (NASDAQ: CSCO)'s fiscal third-quarter earnings report and fourth-quarter guidance was alarming enough for investors to send the stock lower by more than 7 percent Thursday. Here is a summary of what some of Wall Street's most notable analysts are saying after the report...
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For Cisco, The Environment Was Tougher Than Expected In Q2
Thursday, May 18, 2017 - 10:07am | 375Shares of Cisco Systems, Inc. (NASDAQ: CSCO) plunged more than 7 percent after its earnings report confirmed the legacy tech company is operating in a tougher-than-expected environment. Wunderlich's Matthew Robison maintains a Hold rating on Cisco's stock with an unchanged $30 price target as Cisco...
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Urban Outfitters, Anthropologie Continue To Struggle
Wednesday, May 17, 2017 - 9:58am | 471Urban Outfitters, Inc. (NASDAQ: URBN)'s first-quarter earnings report sent the stock lower by nearly 3 percent Wednesday. With the stock trading at its lowest level in years, some among Wall Street aren't ready to recommend the stock. Wunderlich's Eric Beder maintained a Hold rating on...
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One Trader's Options Bet On ZAGG Looks Like It May Pay Off
Wednesday, May 3, 2017 - 11:55am | 493Zagg Inc (NASDAQ: ZAGG) shares were up more than 5.2 percent Wednesday morning after the company reported Q1 revenue ahead of its previous guidance. For one trader in particular, the bullish earnings move may be an extremely profitable one if the stock picks up momentum. On Tuesday, Benzinga Pro...
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The South Beach Diet's Success Fattens Nutrisystem's Share Price
Saturday, April 29, 2017 - 5:54pm | 760Following NutriSystem Inc. (NASDAQ: NTRI)'s first-quarter results, Wunderlich said it believes part of the current premium valuation is attributed to expectations South Beach can develop into a sizeable revenue platform. A Briefing On The South Beach Diet Nutrisystem acquired South Beach Diet from...