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Callaway Golf Downgraded Amid Product Competition From Top Brands
Wednesday, April 18, 2018 - 3:51pm | 548Read More...Callaway Golf Co (NYSE: ELY) shares have gained over 40 percent over the past year amid a resurgence in golf's popularity and some keen investments and acquisitions. Despite Callaway’s recent success, it was hit with a downgrade from D.A. Davidson on Wednesday on the firm's view that...
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Nike's Innovation Pipeline Fuels Analyst Optimism Ahead Of Q3 Report, Despite Management Shake-Up
Wednesday, March 21, 2018 - 12:16pm | 662Read More...Nike Inc (NYSE: NKE) is set to report earnings after the close on Thursday, March 22, one week after competitor adidas AG (ADR) (OTC: ADDYY) announced another quarter of double-digit growth in North America. B Riley Stays Neutral With Nike's promotional activity remaining high in North...
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Analyst: For Wolverine World Wide, The 'Heavy Lifting' Is Done
Thursday, February 22, 2018 - 1:59pm | 385Read More...After a multiyear restructuring effort by Wolverine World Wide, Inc. (NYSE: WWW) the "heavy lifting" is now complete and a D.A. Davidson analyst said he's taking a bullish stance. The Analyst D.A. Davidson's Andrew Burns upgraded Wolverine World Wide's stock...
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DA Davidson Gets Pumped About Planet Fitness, Initiates With Buy
Tuesday, November 21, 2017 - 2:03pm | 358Read More...Planet Fitness Inc (NYSE: PLNT) was initially rejected by investors following its 2015 initial public offering, but could be a compelling stock within the active lifestyle segment with over 1,400 locations, according to DA Davidson. The Analyst DA Davidson's Andrew Burns initiated...
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A Primer For Nike's Q1 Earnings Report
Wednesday, September 13, 2017 - 1:21pm | 355Read More...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...
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Word Of Ford Range Raptor May Have Boosted Shares Of Fox Factory
Thursday, June 29, 2017 - 4:42pm | 253Read More...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...
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DA Davidson: Underlying Firearms Demand Remains At Near-Record Levels
Friday, June 2, 2017 - 2:00pm | 603Read More...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...
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Lululemon Regains Momentum Coming Out Of Q1
Friday, June 2, 2017 - 8:59am | 572Read More...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...
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Nike Doesn't Get Affected By Retail Turmoil, Expect Healthy Results In Q3
Friday, March 17, 2017 - 10:09am | 292Read More...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...
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A Shifting Market Disrupts Under Armour's Growth Agenda; Analyst Reiterates Buy
Wednesday, February 1, 2017 - 10:12am | 316Read More...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...
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A Preview Of The Active Lifestyle Space: Fox Factory Has Greatest Potential For Positive '17 Outlook
Tuesday, January 31, 2017 - 12:29pm | 540Read More...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...
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Nautilus Downgraded; Long-Term Growth Goals Will Be Challenging In 2017
Monday, January 9, 2017 - 10:12am | 330Read More...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...
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Gun Stocks Affected By Tough Year-Over-Year Comparisons
Friday, January 6, 2017 - 10:45am | 453Read More...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...
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How To Position Ahead Of Nike's Q2 Earnings Report
Friday, December 16, 2016 - 11:52am | 295Read More...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,...
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The Selloff In Hanesbrands Shares Is 'Overdone'; D.A. Davidson Upgrades To Buy
Monday, December 12, 2016 - 10:37am | 332Read More...Following the 21 percent year-to-date decline in Hanesbrands Inc. (NYSE: HBI) shares as compared to the 7 percent rise in the S&P 500, D.A. Davidson’s Andrew Burns believes the weakness has created a compelling entry point into the stock. Burns upgraded the rating on the company from...
