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Cowen Initiates Apple At Outperform, Says Services EPS Can Double By 2021
Thursday, March 14, 2019 - 10:56am | 364Read More...Apple Inc. (NASDAQ: AAPL) shares traded higher Thursday following a high-profile initiation from one Wall Street analyst. The Analyst Cowen analyst Krish Sankar initiated coverage of Apple with an Outperform rating and $220 price target. The Thesis Moving forward, Apple Services will supply...
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Street Reacts To Dick's Sporting Goods Q4 Earnings, Stock Drop: Stay On The Sidelines
Wednesday, March 13, 2019 - 10:34am | 937Read More...Retailer Dicks Sporting Goods Inc (NYSE: DKS) on Tuesday morning reported fourth-quarter results that came in better than expected. Gross margins fell during the quarter and management offered concerning guidance for 2019. Here is a summary of how some of the Street's top analysts reacted to...
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Cowen Says Nike Has The Edge On Adidas, But Both Stocks Have Upside Ahead
Tuesday, March 12, 2019 - 4:47pm | 755Read More...The battle between Nike Inc (NYSE: NKE) and Adidas AG (ADR) (OTC: ADDYY) for sportswear supremacy remains one of the greatest rivalries in sports. Amid the fierce brand competition, a new report from Cowen outlines a path higher for both stocks while suggesting that Nike maintains the upper...
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Highlights From Cowen's Meeting With Ralph Lauren Management
Thursday, February 21, 2019 - 4:14pm | 456Read More...Cowen analysts met with Ralph Lauren Corp (NYSE: RL)'s management team, giving the research firm increased conviction in its bullish stance on the stock. The Analyst Cowen's John Kernan maintains an Outperform rating on Ralph Lauren with an unchanged $150 price target. The Thesis Cowen...
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Cowen: Puma's Q4 Strength Bodes Well For Nike, Adidas Earnings
Tuesday, February 19, 2019 - 3:33pm | 600Read More...Puma AG Rudolf Dassler Sport (OTC: PMMAF) remains one of the hottest brands in athletic apparel. The German sportswear brand finished its fiscal year with strong brand momentum after surpassing the 2 billion-euro sales mark for the first time, but the company issued a conservative EBIT outlook...
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Cowen Raises VF Corp Price Target Ahead Of Denim Spin-Off
Tuesday, February 19, 2019 - 12:48pm | 347Read More...Outdoor and footwear brands exhibited strength in the fourth quarter, and the positive trend appear to have continued into Q1. VF Corp (NYSE: VFC)'s stock seems undervalued ahead of the Jeanswear segment spin-off into Kontoor Brands, according to Cowen. The Analyst Cowen’s John...
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Under Armour Posts Q4 Earnings Beat, But Analysts Unconvinced
Wednesday, February 13, 2019 - 4:32pm | 792Read More...Under Armour Inc (NYSE: UAA) shares rose after the apparel maker reported a surprise fourth-quarter earnings beat. Still, several Wall Street analysts said in research reports that they're are unconvinced that Under Armour is an attractive buy. Wedbush Discouraged By Demand,...
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The Street Debates Skechers Q4: Sustainable Momentum Or One-Off Quarter?
Friday, February 8, 2019 - 12:47pm | 727Read More...Skechers USA Inc (NYSE: SKX) reported Thursday afternoon with a strong fourth-quarter earnings report and encouraging first-quarter guidance. Here's how the Street reacted to the footwear company's print and outlook. The Analysts Cowen's John Kernan maintains a Market...
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Columbia Capitalizes On Cold Weather With Strong Q4 Earnings: The Sell-Side Reacts
Friday, February 8, 2019 - 11:34am | 593Read More...Columbia Sportswear Company (NASDAQ: COLM) shares were higher by more than 15 percent Friday after the apparel retailer announced a fourth-quarter earnings beat, superior guidance and a $200-million buyback after Thursday's close. Earnings per share came in at $1.63 on sales of...
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Analyst: Buy-Side Investors Aren't Fully Onboard With Callaway's Jack Wolfskin Acquisition
Thursday, February 7, 2019 - 3:00pm | 559Read More...Callaway Golf Co (NYSE: ELY) shares were falling more than 5 percent Thursday despite the golf equipment maker's fourth-quarter earnings and sales beat the previous day. The company reported weak first-quarter and FY19 earnings guidance, likely sending shares lower. RayJay Stays Neutral...
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Cowen: Speed-To-Market Initiatives Are Emerging Catalysts For Nike, Adidas, While Kohl's Leads In Private Label
Saturday, February 2, 2019 - 9:44am | 703Read More...Two disruptive change agents in retail are under-appreciated: rapidly rising costs in the supply chain and technology that's enabling competition to scale at rapid rates, according to a Jan. 22 report from Cowen. With fashion trends changing faster than ever, aided by social media...
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Cowen Says PVH's Growth Expectations Are Too High, Downgrades Stock
Tuesday, January 22, 2019 - 2:48pm | 379Read More...Tommy Hilfiger and Calvin Klein parent company PVH Corp (NYSE: PVH) is among the most recommended clothing stocks in the sector and faces expectations from the Street that are too high, according to Cowen. The Analyst Cowen's John Kernan downgraded PVH from Outperform to Market Perform with a...
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Cowen Suits Up With Nike, Looks To Outperform
Tuesday, January 22, 2019 - 9:56am | 384Read More...Not everyone is loyal to the Swoosh, but Nike Inc (NYSE: NKE) won a fan in Cowen this week on a booming product cycle and conservative guidance. The Rating Cowen analysts John Kernan, Krista Zuber and Jared Orr upgraded Nike to Outperform and raised their price target from $80 to $90. The Thesis...
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Vans Momentum Isn't Slowing Down For VF Corp, According To Cowen
Thursday, January 17, 2019 - 3:35pm | 400Read More...Consensus estimates remain conservative heading into VF Corp (NYSE: VFC)'s third-quarter report, according to a new analyst report. The Analyst Cowen analyst John Kernan maintains an Outperform rating on VF Corp and lowered his price target from $106 to $95. The Thesis In December, VF Corp...
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Lululemon Issues Strong Q4 Guidance, Cowen Projects Upside To Consensus Estimates
Tuesday, January 15, 2019 - 5:39pm | 408Read More...Lululemon Athletica inc. (NASDAQ: LULU) raised its fourth-quarter earnings and comp guidance Monday, leading to an analyst price target increase. The athletic apparel maker lifted EPS guidance from a range of $1.64-$1.67 to $1.72-$1.74, ahead of consensus estimates. Comp guidance was raised...
















