Ike Boruchow

Retail is experiencing a huge sentiment shift amongst analysts after an encouraging holiday season at traditional brick-and-mortar stores. After multiple years of challenging fundamentals and investor skepticism, Wells Fargo now sees a "somewhat favorable" setup for retail in 2018....

The case for owning off-price retail stocks like TJX Companies Inc (NYSE: TJX) two years ago no longer applies today for one key reason, at least according to Wells Fargo.  The Analyst Wells Fargo's Ike Boruchow downgraded TJX Companies' stock from Outperform to Market Perform...

Beauty product retailer Ulta Beauty Inc (NASDAQ: ULTA) stands to be a major beneficiary of the corporate tax cut, and the Street may not be fully appreciating this tailwind, according to Wells Fargo.  The Analyst Wells Fargo's Ike Boruchow upgraded Ulta's stock rating from Market...

J.Jill Inc (NYSE: JILL) shares took a tumble on Thursday after the women's apparel retailer preannounced an earnings shortfall after the market close on Wednesday. Wells Fargo lowered its  price target for J.Jill from $12 to $10 and reiterated its Market Perform rating on the shares....

L Brands Inc (NYSE: LB) shares hit a new 52-week low, dropping more than 10 percent Thursday after cutting its FY17 EPS outlook, despite delivering a second-quarter earnings beat. The specialty retailer also expects to third quarter earnings to come in below consensus estimates, 25–30 cents...

Commenting on Under Armour Inc (NYSE: UAA)'s first-quarter results, Wells Fargo Securities said the company cleared the low bar, although it cautioned that red flags still abound. Q1 Print Analysts Tom Nikic and Ike Boruchow noted the company's first-quarter sales and earnings per share...

Wells Fargo reaffirmed its Outperform rating on Signet Jewelers Ltd. (NYSE: SIG) as the company’s credit catalyst is gaining clarity and there are multiple compelling growth drivers. Ike Boruchow said Signet sounded like it's “pretty far along” in its credit review process and...

Ike Boruchow, Wells Fargo's retail analyst, has plenty of company among his analyst peers in painting a dire picture of the retail sector. However, where the analyst differs from many others in the sense that he is optimistic on the segment over the long term. Speaking as a guest on CNBC's "...

Shares of Kate Spade & Co (NYSE: KATE) gained more than 12 percent on Thursday after the company confirmed it is evaluating strategic alternatives. Various media reports suggested late last year that the company is preparing for a sale of itself and expects to start a bidding process in the...

Following Under Armour Inc (NYSE: UA) (NYSE: UAA) fourth-quarter miss, Wells Fargo said this is a game changer and downgraded the shares of the company. The company announced before the markets opened on Tuesday fourth-quarter earnings and revenues that missed estimates. The company also announced...