Market Overview

Piper Jaffray's Tamminga On 'Why Mall-Based Retail Still Matters'

Piper Jaffray's Tamminga On 'Why Mall-Based Retail Still Matters'

Ahead of Piper Jaffray’s 36th annual consumer conference, analysts Neely J.N. Tamminga and Kayla R. Wesser shared their “high-level insights into why mall-based retailing still matters.”

Nine companies in the firm’s coverage universe are participating in the event: Nordstrom, Inc. (NYSE: JWN), Wayfair Inc (NYSE: W), J C Penney Company Inc (NYSE: JCP), Ascena Retail Group Inc (NASDAQ: ASNA), Christopher & Banks Corporation (NYSE: CBK), Gordmans Stores, Inc. (NASDAQ: GMAN), Kirkland's, Inc. (NASDAQ: KIRK), Zumiez Inc. (NASDAQ: ZUMZ) and HSN, Inc. (NASDAQ: HSNI).

However, the analysts “shine a spotlight on three of the top four in-demand companies at the conference when looking across all 60+ companies in attendance,” as these three are among those covered by Piper Jaffray. The firms in question are Nordstrom, Wayfair and J C Penney.

While almost countless elements, ranging from channel issues to the impact of a potentially soft consumer base, are at play within the retail space, the analysts look to the third quarter as a moment of potential breakout for consumer cyclical and discretionary stocks, “based on both historical trading patterns and the potential for fundamental improvement.” This would suggest investors could be well off considering a few down-and-out stocks for a possible recovery in the second half of the year.

Latest Ratings for ASNA

Apr 2019CitigroupUpgradesSellNeutral
Sep 2018CitigroupMaintainsSellSell
Aug 2018B. Riley FBRMaintainsNeutralNeutral

View More Analyst Ratings for ASNA
View the Latest Analyst Ratings


Related Articles (CBK + ASNA)

View Comments and Join the Discussion!

Posted-In: Kayla R. Wesser Neely J.N. Tamminga Piper JaffrayAnalyst Color Previews Analyst Ratings Trading Ideas

Latest Ratings

MNSTTruist SecuritiesMaintains105.0
MNSTDeutsche BankMaintains102.0
AXUAlliance Global PartnersInitiates Coverage On4.0
SNYDeutsche BankInitiates Coverage On
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at