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Brean Still Thinks Zumiez Is Best-In-Class
Friday, March 11, 2016 - 8:34am | 257Brean Capital’s Liz Pierce maintained a Buy rating on Zumiez Inc. (NASDAQ: ZUMZ), with a price target of $24, saying that the company is better positioned than it was a year ago, despite no change in sector challenges. The company reported better-than-expected 4Q GAAP earnings of $0.50 on...
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Urban Outfitters Still A Best Of Breed Retailer, Says Brean
Tuesday, March 8, 2016 - 8:15am | 281Brean Capital’s Liz Pierce reiterated a Buy rating on Urban Outfitters, Inc. (NASDAQ: URBN), while raising the price target from $32 to $35. Q4 Beat The company reported better-than-expected results for Q4, with EPS beating the estimate and the consensus, driven better than anticipation...
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The Defense Case For L Brands
Friday, March 4, 2016 - 10:16am | 223Brean Capital’s Liz Pierce maintained a Buy rating for L Brands Inc (NYSE: LB), with a price target of $100, after the company reported its February comp results in-line with expectations. L Brands comp results were impressive, “reinforcing our belief that its guidance is likely...
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Brean Upgrades L Brands To Buy; 'Overreaction Presents Buying Opportunity'
Monday, February 8, 2016 - 8:26am | 347The share price of L Brands Inc (NYSE: LB) has declined 11.87 percent over the past one month, although it has appreciated 4.16 percent over the last six months. Brean Capital’s Liz Pierce has upgraded the rating on the company from Hold to Buy, with a price target of $100....
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L Brands Outperforms, So Why Isn't The Street Impressed?
Thursday, February 4, 2016 - 11:40am | 366L Brands Inc (NYSE: LB) CEO Les Wexner put it quite bluntly in his Q4 earnings recap: "We achieved our best year ever in 2015." This follows its earnings report that posted a top-line beat of $4.395 billion against the estimated $4.37 billion. The specialty retailer guided Q4 EPS at...
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Brean Upgrades Zumiez, Positive On Execution Of Product Initiatives
Thursday, February 4, 2016 - 7:43am | 329Zumiez Inc. (NASDAQ: ZUMZ) shares have lost 29 percent since August 4. Brean Capital’s Liz Pierce upgraded the rating for the company from Hold to Buy, while establishing a price target of $24. Zumiez’s product initiatives seem to be working and the company appears to be...
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Why These Analysts Are Mixed Following Chico's Q3 Print
Friday, November 27, 2015 - 7:11am | 542Shares of Chico's FAS, Inc. (NYSE: CHS) have lost around one quarter of its value year-to-date. The company reported a top and bottom line miss in its third quarter print on Tuesday. Chico's results were sufficient for analysts at Brean Capital to maintain a bullish on the stock...
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Brean: Chico's Is Still Best In Class
Wednesday, November 25, 2015 - 9:08am | 304Shares of Chico's FAS, Inc (NYSE: CHS) have been treading a southward path in 2015 and are down 25 percent year-to-date. Brean Capital’s Liz Pierce maintained a Buy rating on the company, while reducing the price target from $22 to $18. Disciplined inventory and expense...
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Chef Vetri Defends Sale Of Restaurant To Urban Outfitters
Saturday, November 21, 2015 - 1:57pm | 427Shares of Urban Outfitters, Inc. (NASDAQ: URBN) hit a multi-year low of $19.26 following a poor third-quarter print and an announcement that it acquired the Vetri Group of restaurants. Elizabeth "Liz" Pierce of Brean Capital previously commented that the price Urban Outfitters paid for its...
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Urban Outfitters Bought A Pizza Company... And Reported Q3 Results: Here Are How Experts Reacted
Tuesday, November 17, 2015 - 10:21am | 1111Shares of Urban Outfitters, Inc. (NASDAQ: URBN) lost more than 7 percent on Monday after the company announced it acquired The Vetri group of restaurants. The specialty teen retailer noted that "spending on casual dining is expanding rapidly." Analysts were mostly negative on...
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Brean Treading Lightly On Urban Outfitters Amid Weather Concerns
Thursday, November 12, 2015 - 9:14am | 382Urban Outfitters, Inc. (NASDAQ: URBN) has seen a 34.48 percent decline in its share price, from $40.72 on May 18. Brean Capital’s Liz Pierce has maintained a Buy rating on the company, while lowering the price target from $46 to $37. While mentioning that the start to Q3 had been...
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Brean Downgrades Iconix Brand Amid 'Disappointing' Outlook, Restatements
Friday, November 6, 2015 - 7:55am | 435Iconix Brand Group Inc (NASDAQ: ICON) shares have gained 8 percent in the last one month, rising steeply from a low of $14.42 on October 28. Brean Capital’s Liz Pierce downgraded the rating on the company from Buy to Neutral. The company’s disappointing preannouncement for 3Q...
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Why Brean's Liz Pierce Is Still Buying Chico's Stock
Sunday, August 30, 2015 - 7:45pm | 342In a report issued Friday, Brean Capital analyst Liz Pierce looks into small-cap women’s apparel retailer Chico's FAS, Inc. (NYSE: CHS) and reiterates a Buy rating and $22.00 price target on the stock, as strategic initiatives start to pay off and the “exit of Boston Proper re-...
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Brean Capital Initiates Perry Ellis With Buy Rating, $30 Target
Wednesday, July 22, 2015 - 6:47am | 344In a report published Wednesday, Brean Capital analyst Liz Pierce initiated coverage of Perry Ellis International, Inc. (NASDAQ: PERY) with a Buy rating and price target of $30. The analyst believes that the company's initiatives to optimize its portfolio are bearing fruit. "Over the...
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Brean Capital On Retailers: Downside Risk To April Comps Possible
Wednesday, May 6, 2015 - 11:47am | 296In a report published Wednesday, Brean Capital analyst Liz Pierce commented on the retailing space, noting that the sector has already priced in a disappointing April but it is "premature to throw in the towel" for the group. Pierce stated that she had "relatively low...