Cowen

Amid the rise of sportswear and the fall of performance apparel, Puma AG Rudolf Dassler Sport (OTC: PMMAF) the quintessential casual sportswear brand, is properly positioned for the trend, according to Cowen.  The Analyst  Analyst John Kernan initiated coverage of Puma's...

Despite the apparel maker closing 2018 with strong second-quarter performance, Wall Street analysts are notably divided on Nike Inc (NYSE: NKE) this week.  While HSBC upgraded the stock from Hold to Buy rating this week and lifted its price target from $92 to $95, Baird went in the...

Nike Inc (NYSE: NKE) shares are soaring higher in spite of overall market turmoil after reporting a big second-quarter earnings beat after the close Thursday. The world’s largest sportswear company delivered earnings of 52 cents per share, beating estimates by 6 cents. Revenue came in at $9.4...

Tilray Canada, a subsidiary of medical cannabis company Tilray Inc (NASDAQ: TLRY), entered into a global collaboration agreement with Sandoz AG, a generic pharmaceuticals and biosimilars company that's part of Novartis AG (NYSE: NVS). The agreement marks an expansion of an existing relationship...

Under Armour Inc (NYSE: UAA) shares took a nosedive Wednesday after the highly anticipated five-year plan unveiled at its Investor Day meeting failed to impress investors. CEO Kevin Plank introduced the company’s 2023 strategic growth plan at the meeting and said it was designed around two...

Lululemon Athletica inc. (NASDAQ: LULU) has been named a top idea for 2019 by Cowen. The Analyst Cowen analyst John Kernan maintains an Outperform rating on Lululemon with a $185 price target. The Thesis Lululemon has some of the the highest-quality growth, returns and brand durability...

Lululemon Athletica inc. (NASDAQ: LULU) delivered yet another impressive earnings report Thursday, but shares are getting pummeled. The Canadian-based athletic apparel brand delivered third-quarter adjusted earnings of 75 cents per share, beating estimates by 5 cents. Sales came in at $748 million...

AT&T Inc. (NYSE: T) was upgraded by two Street analysts Monday, while Verizon Communications Inc. (NYSE: VZ) caught a downgrade from JPMorgan that came with a projection of flat EPS growth.  The Analyst JPMorgan analyst Philip Cusick downgraded Verizon from Overweight to Neutral and...

PVH Corp (NYSE: PVH) recently passed a 52-week low immediately following its third-quarter report, which showed an earnings beat but sales miss. Wells Fargo: 'The Story Doesn't Appear To Be Unraveling'  Gross margin weakness at Calvin Klein was largely responsible for the difficult...

Apparel company Guess?, Inc. (NYSE: GES) reported third-quarter results Wednesday that initially sent shares tumbling lower, but Cowen said the print signals continued momentum in the brand.  The Analyst Cowen's John Kernan maintains a Market Perform rating on Guess ...

Burlington Stores Inc (NYSE: BURL) reported Wednesday with third-quarter results that arrived better than expected and helped push the stock higher by more than 10 percent. What Happened Burlington Stores said it earned $1.21 per share in Q3 on revenue of $1.63 billion versus expectations...

The oil market stabilized Monday following a 6 percent sell-off Friday ahead of this week’s G20 meeting. Saudi Arabia is reportedly producing record levels of crude oil in the month of November, and U.S. President Donald Trump has urged the Saudis not to cut production at the OPEC meeting...

Foot Locker, Inc. (NASDAQ: FL) shares are soaring after the retailer reported a third-quarter earnings and sales beat Tuesday. The footwear retailer reported Q3 earnings of 95 cents per share, beating estimates by 3 cents. Sales came in at $1.86 billion, beating estimates by $10 million. Many...

Ross Stores, Inc. (NASDAQ: ROST) shares traded lower despite reporting a third-quarter earnings beat Tuesday. The discount retailer reported third-quarter earnings of 91 cents per share, beating estimates by a penny. The company also raised FY18 EPS guidance from $3.92-$4.05 to $4.15-$4.20. Freight...

It’s the most wonderful time of the year, and that means retail stocks are back in action. Cowen’s retail team released a report Tuesday with ideas for holiday stock plays. Cowen analyst Oliver Chen lists Kohl’s Corporation (NYSE: KSS), Target Corporation (NYSE: TGT) and Tiffany...