Andrew Burns

Nike Inc (NYSE: NKE) may be in a ripe position to improve its earnings power during a period of retail turmoil. The leading global athletic brand has suffered from negative sentiment with shares failing to gain much traction over the year despite market-wide highs, but analysts are starting to turn...

Rumors of a potential Ford Motor Company (NYSE: F) Ranger Raptor prototype spread to the stock market on Wednesday morning. After hearing the rumors, D.A. Davidson analyst Andrew Burns reiterated his Neutral rating and $34 price target on Fox Factory Holding Corp (NASDAQ: FOXF). “In recent...

The underlying demand for firearms remains near record levels, according to a DA Davidson report on May criminal background check numbers.  Citing the data provided by the FBI, the firm said that adjusted firearms background checks, excluding permit checks and rechecks, rose 6.4 percent year...

Reviewing Lululemon Athletica inc. (NASDAQ: LULU)'s first-quarter results, DA Davidson said the company is regaining momentum exiting the first quarter. Encouraging Q1 Core Trends Commenting on the results, analyst Andrew Burns said, though he is encouraged by the better than expected first...

Nike Inc (NYSE: NKE) is scheduled to report its FQ3 2017 results on March 21. The company will likely report healthy, broadly in-line results, amid the challenging U.S. wholesale trends, DA Davidson’s Andrew Burns said in a report. Burns maintained a Buy rating on the company, with a price...

Under Armour Inc (NYSE: UAA) reported lower-than-expected results for Q4, with the revenue and EPS missing the consensus, estimates and guidance. D.A. Davidson’s Andrew Burns reiterated a Buy rating on the company, while lowering the price target from $42 to $28. Under Armour reported...

The coming days will see quarterly results from active lifestyle brand companies amid uncertainty from retail consolidation, potential tax and policy, and diverse equipment category trends. Andrew Burns of D.A. Davidson said the golf industry appears to be on solid footing, but the exercise...

D.A. Davidson’s Andrew Burns believes that while trends have improved for Nautilus, Inc. (NYSE: NLS) post-election, there continues to be headwinds during 2017. Burns downgraded the rating on the company from Buy to Neutral, while lowering the price target from $24 to $20. Challenges In 2017...

The numbers for firearm background checks, though firing to an all time record in 2016, were found wanting in December. Data released by the FBI based on the National Instant Background Check System, or NICS, showed that 2,771,159 checks were made in December 2016 compared to 3,314,594 in...

Nike Inc (NYSE: NKE) is scheduled to report its FQ2 2017 results on December 20. Upside to expectations is “limited by the lackluster retail environment and shifting athletic trends,” DA Davidson’s Andrew Burns said in a report. Burns maintained a Buy rating on the company,...