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Expectations For Finish Line's Q1 Earnings
Monday, June 20, 2016 - 2:57pm | 155Read More...Buckingham Research Group restated its Buy rating on Finish Line Inc (NASDAQ: FINL) with a $25 target price, about 45 percent higher than the current price. Buckingham changed its EPS estimate for the first quarter of 2017 below consensus, but kept yearly estimates steady, as it believes April...
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'A Lot Of Growth Ahead,' Buckingham Sees 22% Upside For Zoe's Kitchen
Friday, June 17, 2016 - 9:40am | 366Read More...Zoe's Kitchen Inc (NYSE: ZOES) offers investors an "attractive opportunity to participate in one of the best unit growth stories in the restaurant space," according to a note from Buckingham Research, which started coverage of the stock with a Buy and $45 price target (22 percent upside). "We like...
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Chipotle Is Ready To 'Guac & Roll'
Thursday, June 16, 2016 - 4:20pm | 246Read More...Buckingham Research analyst John Zolidis initiated his coverage on Chipotle Mexican Grill, Inc. (NYSE: CMG) with a Buy rating and established a $547 price target. He listed four main factors for the upgrade. The first is that Chipotle is under-earning. The second is that customers would finally...
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Gap Is Still Hooked To Mall Traffic Headwinds
Friday, June 3, 2016 - 4:23pm | 284Read More...Gap Inc (NYSE: GPS) is still hooked to mall traffic headwinds in May though sales for the month was better than feared, according to the Buckingham analyst Kelly Halsor. However, the traffic was in-line with overall mall traffic. The analyst reiterated his Neutral rating and $18 price target,...
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Five Below Has 16% Upside
Friday, June 3, 2016 - 3:53pm | 276Read More...Buckingham Research reiterated its Buy rating on Five Below Inc (NASDAQ: FIVE). The brokerage also boosted its price objective to $50 from $45 implying 16 percent potential upside from current levels. The analyst opinion comes on the heels of Five Below reporting yet another quarter of solid...
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Buckingham Defends Kate Spade, Says Macy's CEO Handbag Comments Are 'Irrelevant'
Thursday, May 12, 2016 - 6:17pm | 214Read More...Buckingham Research Group's Scott Krasik "reiterated" Kate Spade & Co (NYSE: KATE)'s Buy Rating and $31.00 price target. This support came after Kate Spade cut FY16 sales and EPS guidance Wednesday, which pushed the price down 16 percent. Krasik said the "pullback...
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Airline February Traffic Data: What To Know
Thursday, March 3, 2016 - 2:45pm | 396Read More...Delta Air Lines, Inc. (NYSE: DAL) has reported year-over-year (Y/Y) February traffic growth of 5.3 percent on a capacity increase of 6.0 percent. In a press release, Delta emphasized the strong environment for airlines. “Across all entities, booking trends into the peak leisure season are...
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Buckingham Initiates Buy Ratings On Dollar Stores
Tuesday, February 23, 2016 - 5:25pm | 446Read More...Buckingham Research has initiated coverage of Dollar General Corp. (NYSE: DG) and Dollar Tree, Inc. (NASDAQ: DLTR) with Buy ratings. The firm has a price target of $94 on Dollar General and $96 on Dollar Tree. Analyst John Zolidis believes Dollar General shares offer investors a way to play...
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Long-Time Boeing Seller Just Upgraded The Stock
Thursday, February 18, 2016 - 11:22am | 238Read More...Buckingham Research’s Richard Safran upgraded the rating for Boeing Co (NYSE: BA) from Underperform to Neutral, while reducing the price target from $108 to $102. He cited the absence of near-term negative catalysts as the reason for the upgrade. There already seems to be significant...
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Buckingham Sees 36% Upside in Virgin America
Monday, February 8, 2016 - 1:22pm | 378Read More...Buckingham Research slashed its price target and fourth-quarter earnings outlook Virgin America Inc (NASDAQ: VA) on the back of its recently released cost per available seat miles (CASM) outlook. However, the brokerage sees 36 percent upside on the stock, driven by the airline’s...
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Has Macy's Stock Bottomed?
Thursday, January 7, 2016 - 1:15pm | 391Read More...Bearish insights came from analysts about Macy's, Inc. (NYSE: M) stock, after the retail department store had been faced with a challenging Q4. The retailer reduced its full-year profit forecast to $3.85 to $3.90 per share compared to earlier guidance of $4.20 to $4.30. The company also...
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4 Rate-Sensitive Ways To Play The Great Rate Hike Of 2015
Thursday, December 24, 2015 - 11:49am | 410Read More...Buckingham Research believes the Fed rate hike is a clear buying opportunity for rate-sensitive stocks. Rate-sensitive stocks are down about 2 percent in 2015. Buckingham believes that the benefits of higher rates will soon lead to upward 2016 EPS revisions. The highly-anticipated...
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Buckingham Research: Southwest Has 31% Upside
Tuesday, December 15, 2015 - 3:20pm | 357Read More...Shares of Southwest Airlines Co (NYSE: LUV) have gained nearly 30 percent over the past six months. Despite the strong recent gains, Daniel McKenzie maintained a Buy rating and $57 price target on Southwest's stock. The analyst offered several catalysts that can result in earnings per share upside...
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J.C. Penney Has 61% Upside? Buckingham Research Thinks So
Wednesday, November 18, 2015 - 12:13pm | 332Read More...Shares of J C Penney Company Inc (NYSE: JCP) are up 15 percent year-to-date from their January 1 level of $6.29. Buckingham Research’s David J. Glick maintained a Buy rating on the company, with a price target of $12. MSD comp sales momentum and continued gross margin expansion,...
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Foot Locker Sales Trends Likely To Decelerate Going Forward, Buckingham Research Warns
Tuesday, November 10, 2015 - 10:20am | 302Read More...Foot Locker, Inc. (NYSE: FL) shares have gained 20 percent year-to-date, and are trading close to their 52-week high of $77.25. Buckingham Research’s Scott Krasik downgraded the rating on the company from Buy to Neutral, while reducing the price target from $82 to $69. With key...
