Cowen

Lululemon Athletica, inc. (NASDAQ: LULU) hosted its analyst day this week, and it brought big announcements from an apparel company that has gained a lot of momentum in recent months.  Arguably, the biggest revelation was the announcement that Lululemon is entering the footwear business. Here...

Columbia Sportswear Company (NASDAQ: COLM) shares are off on Friday despite reporting a big first-quarter earnings beat and raised guidance. The Analyst Cowen's John Kernan maintains an Outperform rating and raised his price target from $120 to $123. The Thesis Kernan continues to see upside to...

It's a new era for Burlington Stores Inc (NYSE: BURL) after the retailer announced Wednesday that Thomas Kingsbury, its chairman and CEO for over a decade, will step down later this year. Michael O’Sullivan, formerly president and COO of Ross Stores, Inc. (NASDAQ: ROST), will take...

Multiple sell-side analysts issued buy recommendations on LYFT Inc (NASDAQ: LYFT) Tuesday with the expiration of a waiting period for banks that worked on Lyft's IPO to offer advice on the stock. Lyft is down nearly 20 percent from its opening price of $72 in late March, so buy...

Cowen recently took consultants and investors on a tour of off-price retail stores to conduct some channel checks. The Analyst John Kernan maintains an Outperform rating on Burlington Stores Inc (NYSE: BURL) with a $165 target. He maintains an Outperform rating on Ross Stores, Inc. (NASDAQ: ROST)...

Yeti Holdings Inc (NYSE: YETI) has been one of the hottest stocks of 2019 and could continue its run. The Analyst Cowen analyst John Kernan initiated coverage on Yeti with an Outperform rating and a $35 price target. The Thesis Kernan says Yeti’s consensus sales and EPS estimates appear...

New Guess?, Inc. (NYSE: GES) CEO Carlos Alberini outlined some of his strategic vision for the company after taking the reigns of the company at Cowen’s Future of the Consumer conference in New York City last week. The Analyst Cowen analyst John Kernan maintains an Market Perform rating with...

Analysts at Cowen turned bullish on Walt Disney Co (NYSE: DIS) ahead of the company's investor day presentation this week. The Analyst Cowen's Doug Creutz upgraded Disney from Market Perform to Outperform with a price target lifted from $102 to $131. The Thesis Disney's presentation on...

Micron Technology, Inc. (NASDAQ: MU) is poised to see its profitability fall yet again in calendar 2020, according to Cowen. This is in contrast to the bullish views most analysts are holding in following the release of the semiconductor maker's second-quarter report March 20. The Thesis...

Lululemon Athletica inc. (NASDAQ: LULU) shares are trading higher after reporting impressive fourth-quarter earnings Wednesday. According to a NPD Consumer panel, the athleisure-brand sold more women’s activewear in the U.S. last quarter than Nike Inc (NYSE: NKE). The Analysts Cowen analyst...

Amazon.com, Inc. (NASDAQ: AMZN) demand signals remain vibrant, a Cowen analyst said Tuesday after attending a conference for participants across the Amazon ecosystem. The Analyst  Cowen analyst John Blackledge maintains an Outperform rating with a $2,250 price target. The Thesis E-...

Apple, Inc. (NASDAQ: AAPL) had one of its most important new service unveilings in recent memory on Monday, giving fans their first glimpse at streaming service Apple TV+, subscription gaming service Apple Arcade and news service Apple News+. Unfortunately for investors, Apple didn't...

Nike Inc (NYSE: NKE) shares were falling Friday despite reporting a strong third-quarter earnings beat on Thursday. Morgan Stanley Analyst Lauren Cassel said that although expectations are high, Nike remains the firm's top pick and recommends buying the dip, as the apparel maker's direct-to...

U.S. investors might soon be able to invest in a new cannabis company. Greenlane Holdings filed the initial S-1 Form with the U.S. Securities and Exchange Commission to have its stock listed in the United States. What Happened Florida-based Greenlane Holdings, a distributor of premium vaporization...

Adidas AG (ADR) (OTC: ADDYY) shares were surging higher Thursday, one day after taking a dive amid fears that the company’s North American momentum was finally slowing following its fourth-quarter report. The company launched a remarkable comeback in 2015 in North America and has doubled...