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Analysts Like Gap's Old Navy December Comps
Friday, January 9, 2015 - 12:37pm | 229Gap Inc (NYSE: GPS) traded lower Friday on disappointing holiday sales, but a couple of analysts were pleased by the company's Old Navy outlets. The apparel retailer said late Thursday that its Gap outlets grew December same-store sales 1 percent, while its Old Navy stores saw increased...
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Topeka Capital Markets Sees Strong December Sales for The Gap
Friday, January 9, 2015 - 9:40am | 136In a report published Friday, Topeka Capital Markets analyst Dorothy S. Lakner reiterated a Buy rating and $50.00 price target on Gap Inc (NYSE: GPS). In the report, Topeka Capital Markets noted, “GPS' comps for December were in line with our +1% estimate, led by a stronger than expected Old Navy...
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Analysts: Aeropostale Profits May Be Grounded Indefinitely
Friday, December 5, 2014 - 9:35am | 327Aeropostale Inc (NYSE: ARO) could be grounded indefinitely, analysts said Thursday after the teen apparel retailer posted disappointing results. Aeropostale closed Thursday at $2.48, down $0.71. Year-to-date, the company has lost more than 72 percent of its value. "No matter how many...
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UPDATE: Topeka Capital Markets Reiterates On Aeropostale As Plan Back To Profit Takes Shapes
Friday, December 5, 2014 - 9:25am | 135In a report published Friday, Topeka Capital Markets analyst Dorothy S. Lakner reiterated a Hold rating on Aeropostale Inc (NYSE: ARO), but lowered the price target from $4.00 to $2.50. In the report, Topeka Capital Markets noted, “ARO's 3Q was in line, but after a good start to November, sales...
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Analysts: Guess? Turnaround 'Will Take Time'
Friday, December 5, 2014 - 9:14am | 270Guess?, Inc. (NYSE: GES) fell more than 9 percent Thursday after it cut guidance for the fourth quarter and analysts offered divided views on the company's outlook. The apparel retailer is struggling to turnaround its business, but "this will take time to play out," Topeka analyst...
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Aeropostale's Rough Friday: 'Brand Relevancy' At Stake
Friday, August 22, 2014 - 3:40pm | 223Aeropostale (NYSE: ARO) had a rough day Friday with shares tumbling more than 10 percent on disappointing outlook for the second half. Shares of the troubled teen apparel retailer are down more than 60 percent year to date and Topeka's Dorothy S. Lakner noted it's too soon after the...
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Coach Hits Year-Low; Analysts Skeptical Of Restructuring Plan
Friday, June 20, 2014 - 11:07am | 383Coach's (NYSE: COH) plan to shut 20 percent of its stores and upgrade the rest received uniformly dour reviews on Wall Street, as shares hit a low for the year on Friday. Coach on Thursday unveiled related restructuring charges of up to $300 million and said same-store sales were likely to...
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UPDATE: Topeka Capital Initiates Coverage On Coach
Tuesday, May 20, 2014 - 8:42am | 82In a report issued Tuesday,Topeka initiated coverage on Coach (NYSE: COH) with a Hold rating and a target price of $46. While there is a positive outlook for the future, Dorothy S. Lakner of Topeka sees that with estimated earnings for FY2015 being lower than the expected earnings for FY2014,...
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UPDATE: Topeka Capital Initiates Coverage On Michael Kors
Tuesday, May 20, 2014 - 7:57am | 95In a report issued Tuesday, Topeka initiated coverage on Michael Kors(NYSE: KORS) with a rating of Buy and a target price of $117. Analyst Dorothy S. Lakner of Topeka sees the prospect for 20-25 percent sales and earnings growth over the next few years. Lakner also sees that Michael Kors is...
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UPDATE: Topeka Capital Initiates Coverage on Signet Jewelers on Attractive Valuation, Significant Upside
Wednesday, October 2, 2013 - 9:49am | 139In a report published Wednesday, Topeka Capital Markets analyst Dorothy S. Lakner initiated coverage on Signet Jewelers Ltd. (NYSE: SIG) with a Buy rating and $83.00 price target. In the report, Topeka Capital Markets noted, “We are initiating coverage of SIG with a Buy rating and a PT of $83. We...
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UPDATE: Topeka Capital Markets Upgrades Children's Place Retail Stores Following Strong Quarter Report
Friday, August 23, 2013 - 9:08am | 125In a report published Friday, Topeka Capital Markets analyst Dorothy S. Lakner upgraded the rating on Children's Place Retail Stores (NASDAQ: PLCE) from Hold to Buy, and raised the price target from $58.00 to $63.00. In the report, Topeka Capital Markets noted, “In the midst of a retail rout for...
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UPDATE: Topeka Capital Markets Downgrades Aeropostale After Earnings Report
Friday, August 23, 2013 - 9:08am | 124In a report published Friday, Topeka Capital Markets analyst Dorothy S. Lakner downgraded the rating on Aeropostale (NYSE: ARO) from Buy to Hold, and lowered the price target from $18.00 to $12.00. In the report, Topeka Capital Markets noted, “While we expected a bumpy flight as ARO debuted its...
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UPDATE: Topeka Capital Markets Upgrades Aeropostale on 'Ready to Rock Fashion'
Tuesday, July 30, 2013 - 7:20am | 136In a report published on Tuesday, Topeka Capital Markets analyst Dorothy S. Lakner upgraded Aeropostale (NYSE: ARO) from Hold to Buy and raised the price target on the company from $15 to $18. In the report, Topeka Capital Markets stated, "After viewing ARO's new back-to-school floor set as it...
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Topeka Capital Markets Reiterates Buy on Tiffany & Co. on Global Mix, Recent Macro News
Wednesday, July 3, 2013 - 11:01am | 121In a report published Wednesday, Topeka Capital Markets analyst Dorothy S. Lakner reiterated a Buy rating and $86.00 price target on Tiffany & Co. (NYSE: TIF). In the report, Topeka Capital Markets noted, “In this note, we focus on TIF's global mix amidst recent macro news indicating continued...
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UPDATE: Topeka Capital Markets Initiates Guess? at Hold on Unresolved Business Issues
Monday, June 3, 2013 - 8:47am | 138In a report published on Monday, Topeka Capital Markets analyst Dorothy S. Lakner initiated coverage on Guess? (NYSE: GES) with a Rating of Hold and a price target of $34. In the report, Topeka Capital Markets stated, "While GES is a globally recognized brand with the potential to return to 15...