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Analysts Mostly Impressed With Nike's China Recovery
Wednesday, March 25, 2020 - 4:30pm | 794Read More...Nike Inc (NYSE: NKE) reported fiscal third-quarter results that came in better than expected and prompted a rally in the stock. Here is a summary of how some of the Street's top analysts reacted to the print and management's commentary. 5 Takeaways The five main takeaways from Nike...
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Analyst Talks Nike's Leadership Shuffle
Wednesday, February 19, 2020 - 5:39pm | 380Read More...Nike Inc (NYSE: NKE) announced Tuesday a handful of leadership changes, including a new CFO, COO, and president of consumer and marketplace. According to BMO Managing Director Simeon Siegel, Nike is demonstrating the strength of its management roster. What Happened Despite multiple leadership...
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UBS Says Nike's Stock Is About To Go For A Run
Monday, February 3, 2020 - 10:44am | 281Read More...Nike Inc (NYSE: NKE) is in for a long-term run of sales growth that will make it more valuable over the next few years, UBS said Monday. The Nike Analyst UBS analyst Jay Sole upgraded Nike from Neutral to Buy and raised the price target from $103 to $136. The Nike Thesis Sole said he thinks the...
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Now You Can Outrun Imperial TIE Fighters With New Adidas Star Wars Running Shoes
Thursday, November 21, 2019 - 4:53pm | 566Read More...Yoda taught us that a Jedi must have the deepest commitment, the most serious mind. But good shoes can't hurt. For that, Adidas AG (OTC: ADDYY) in collaboration with Walt Disney Co.'s (NYSE: DIS) Lucasfilm, has a Star Wars-themed line of athletic shoes, the newest of which, the Space Battle...
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Gap's Athletic Brand Signs Olympic Star Allyson Felix
Wednesday, July 31, 2019 - 10:20am | 442Read More...Gap Inc (NYSE: GPS) announced Wednesday its first ever multiyear sponsorship deal with an Olympic athlete, Allyson Felix. What Happened Felix is one of the most decorated track and field athletes in U.S. history and will join Gap's athletic apparel brand, Athleta, as its first-ever sponsored...
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Street Reacts To Dick's Sporting Goods Q4 Earnings, Stock Drop: Stay On The Sidelines
Wednesday, March 13, 2019 - 10:34am | 937Read More...Retailer Dicks Sporting Goods Inc (NYSE: DKS) on Tuesday morning reported fourth-quarter results that came in better than expected. Gross margins fell during the quarter and management offered concerning guidance for 2019. Here is a summary of how some of the Street's top analysts reacted to...
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Analysts Mixed On Foot Locker Following Strong Q4 Earnings
Monday, March 4, 2019 - 5:49pm | 424Read More...Foot Locker, Inc. (NYSE: FL) last week reported fourth-quarter results that came in better than expected across multiple metrics and an encouraging outlook to 2019. Despite the stock's initial strong reaction, some Street analysts aren't running away with it. Morgan Stanley: Concerns Into...
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Piper Jaffray Upgrades Under Armour, Sees Path To Sales Growth
Monday, November 5, 2018 - 3:17pm | 417Read More...One week after its biggest share gain in 10 years, Under Armour Inc (NYSE: UAA) received a sell-side upgrade Monday. The Analyst Piper Jaffray analyst Erinn Murphy upgraded Under Armour from Neutral to Overweight with a price target raised from $20 to $32. The...
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'We Believe This Momentum Will Likely Continue': 4 Reasons Behind Canaccord's Lululemon Upgrade
Wednesday, October 24, 2018 - 10:14am | 441Read More...Investors should take advantage of Lululemon Athletica Inc. (NASDAQ: LULU)’s 15-percent pullback over the last month, according to Canaccord Genuity. The Analyst Analyst Camilo Lyon upgraded Lululemon from Hold to Buy and raised the price target from $152 to $160. The Thesis The recent...
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Stifel 'Highly Encouraged' After Chat With Under Armour, Raises Price Target
Monday, June 4, 2018 - 9:10am | 446Read More...Stifel's December 2017 upgrade of Under Armour Inc (NYSE: UAA) was based on a "speculative thesis," but the sell-side firm's recent conversations with the apparel maker left analysts "highly encouraged." The Analyst Stifel's Jim Duffy maintains a Buy rating on...
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Bernstein Questions The Sustainability Of Lululemon's Momentum
Friday, June 1, 2018 - 10:33am | 417Read More...Lululemon Athletic inc. (NASDAQ: LULU) reported a "home run" earnings report Thursday, but Bernstein questions the sustainability of the athletic apparel maker's momentum. The Analyst Bernstein's Jamie Merriman maintains a Market-Perform rating on Lululemon's stock with...
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Analyst: Under Armour Offers 'One Of The Strongest Absolute Return Opportunities'
Saturday, May 5, 2018 - 1:39pm | 405Read More...Under Armour Inc (NYSE: UAA) (NYSE: UA) reported its first-quarter results earlier this week that signaled signs of "early green shoots." The Analyst KeyBanc Capital Markets' Edward Yruma maintained an Overweight rating on Under Armour's stock with an unchanged $22 price...
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Nike's 10-Q: What You Need To Know
Saturday, April 7, 2018 - 3:45pm | 606Read More...Nike Inc (NYSE: NKE) released its fiscal third-quarter 10-Q regulatory filing Thursday, revealing multiple metrics that indicate there is plenty of work ahead for the company before it can show "sustained trajectory improvement," according to Canaccord Genuity. The Analysts...
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Morgan Stanley: Lululemon Satisfies Necessary Condition For Growth With Expense Guidance
Monday, April 2, 2018 - 11:11am | 419Read More...Lululemon Athletica inc. (NASDAQ: LULU) reported fourth-quarter results Tuesday that not only marked its best quarterly comp and flow-through in five years, but satisfied a necessary condition for continued growth, according to Morgan Stanley. The Analyst Morgan Stanley's Kimberly...
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Why Stifel Remains Bullish On Under Armour After Data Breach
Monday, April 2, 2018 - 9:32am | 386Read More...Under Armour Inc Class A (NYSE: UAA) confirmed Thursday it suffered a data breach that impacted 150 million of its MyFitnessPal users. The report sent shares of the athletic apparel maker down by nearly 5 percent, but the reaction may be overblown, according to Stifel. The Analyst Stifel...
