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The 'Fate' Of 2 Theater Stocks Ahead Of A 'Furious' Easter Opening
Saturday, April 15, 2017 - 4:22pm | 388Millions of movie fans are likely excited to catch "The Fate of the Furious" film over the long Easter weekend, but how should investors position their portfolios? Buy Regal Matthew Harrigan of Wunderlich reiterated a Buy rating (with an unchanged $30 price target) on the movie theater chain Regal...
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Firearms Seeing Sharp Increase In Promotions; Analyst Expresses Concern For American Outdoor Brands
Thursday, April 13, 2017 - 8:21am | 316Recent channel checks indicate a “continued high level of competitive promotions and discounting, along with still elevated inventory levels, particularly in the lucrative modern sporting rifle (MSR) category,” Wunderlich’s Rommel Dionisio said in a report. American Outdoor Brands...
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The Street Tries To Get A Clear Signal On Comcast's New Mobile Phone Service
Sunday, April 9, 2017 - 11:15am | 733Comcast Corporation (NASDAQ: CMCSA)'s entrance into the mobile phone segment certainly changes the competitive landscape of the entire market. But what are Wall Street analysts saying? 'Cost Disciplined Approach' Matthew Harrigan of Wunderlich commented in a report that Comcast is...
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Comcast Execs Quiet On Verizon Partnership Details Amid Mobile Offering Launches
Friday, April 7, 2017 - 12:18pm | 363Comcast Corporation (NASDAQ: CMCSA) announced the launch of Xfinity Mobile via the Verizon Communications Inc. (NYSE: VZ) network. It’s unclear “whether Comcast can further benefit from its WiFi network while not compromising brand perception or QoS on a best efforts network,”...
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Extreme Networks Is The Next Major Networking Player
Thursday, March 30, 2017 - 10:15am | 383Extreme Networks, Inc (NASDAQ: EXTR) announced plans to purchase data center switching, routing and analytics assets that are currently part of Brocade Communications Systems, Inc. (NASDAQ: BRCD) (Sell Rated) from Broadcom Ltd (NASDAQ: AVGO), following the sale of Brocade to Broadcom next quarter....
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'The Time Is Coming' For Investors To See A Path To Guess?'s Multiple Expansion
Tuesday, March 28, 2017 - 8:21am | 459Wunderlich’s Eric Beder believes Guess?, Inc. (NYSE: GES) is on “two separate paths, materially reducing the money-losing domestic store footprint while employing capital to drive upside in international markets.” The analyst reiterated a Buy rating on the company, with a price...
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Bagging The Paisleys: Wunderlich's Bullish Thesis On Vera Bradley And PVH
Thursday, March 23, 2017 - 9:36am | 539While challenges for Vera Bradley, Inc. (NASDAQ: VRA) could continue in the near term, the company seems to be taking the necessary steps for a revival in the back half of fiscal-year 2018, Wunderlich’s Eric Beder said in a report. In a separate report, the analyst mentioned that PVH Corp (...
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'Beauty And The Beast' Drives Regal Comps Boost
Monday, March 20, 2017 - 8:49am | 484“The live action re-imagining of animated classic Beauty and the Beast [Walt Disney Co (NYSE: DIS)] opened at a March record $170 million, actually the seventh largest U.S. opening all-time and the best for a PG-rated film,” Wunderlich’s Matthew Harrigan said in a note. The...
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Adobe's Premium Valuation Is Warranted; Wunderlich Upgrades To Buy
Friday, March 17, 2017 - 7:53am | 345Adobe Systems Incorporated (NASDAQ: ADBE) reported another robust quarter, with Q1 2017 revenue and EPS well ahead of the consensus forecasts, along with stronger than anticipated guidance for Q2. Wunderlich’s Ryan MacDonald upgraded the rating on the company from Hold to Buy, while raising...
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A Peek Into The Markets: U.S. Stock Futures Edge Higher Ahead Of Consumer Sentiment Data
Friday, March 17, 2017 - 7:49am | 424Pre-open movers U.S. stock futures traded slightly higher in early pre-market trade. Data on industrial production for February will be released at 9:15 a.m. ET. The University of Michigan's consumer sentiment index for March and the index of leading economic indicators for February is schedule...
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The Intel-Mobileye Deal Caused This Analyst To Downgrade Sirius XM
Thursday, March 16, 2017 - 12:01pm | 309Intel Corporation (NASDAQ: INTC) has agreed to acquire Mobileye NV (NYSE: MBLY) for $15.3 billion. This move is “just the latest affirmation that autonomous cars are quite real with attendant eventual implications for a proliferation of in-car entertainment,” Wunderlich’s Matthew...
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Sturm Ruger: Strong Brand, Weak Industry
Tuesday, March 14, 2017 - 8:41am | 406Sturm Ruger & Company Inc’s (NYSE: RGR) “well-known Ruger brand enjoys considerable brand equity, having been the top selling brand of firearms in the U.S. market in the past decade, with a top 3 presence in each of the rifle, pistol, and revolver categories.” Wunderlich...
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Guess Investors Are Ignoring The Apparel Company's European, Asian Businesses
Monday, March 13, 2017 - 9:14am | 377Wunderlich's Eric Beder reiterated his Buy rating on Guess?, Inc. (NYSE: GES) shares, which were trading near a 52-week low last week, as he believes the market is ignoring the benefits of the company’s European and Asian businesses. Q4 Expectations Notably, Wunderlich is the only sell-...
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Low Expectations Were Still Too High For Tailored Brands In A Messy Q4
Thursday, March 9, 2017 - 11:51am | 426Shares of Tailored Brands Inc (NYSE: TLRD) plunged more than 30 percent after the company reported across the board miss in its fourth quarter as the solid results around the Thanksgiving Holiday didn't occur in the Christmas period and beyond. “The weakness was endemic, with not a single...
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Focus Points For Tailored Brands Q4 Report
Monday, March 6, 2017 - 9:59am | 391With Tailored Brands Inc (NYSE: TLRD) scheduled to report its fiscal-year 2017's fourth-quarter results after the close on March 8, Wunderlich’s Eric Beder noted, “While not an important bottom-line quarter for the company, investors will be focused on the return to positive comps at...