Mark Altschwager

Gap Inc (NYSE: GPS) shares are reeling despite the apparel retailer's second-quarter earnings and sales beat Thursday.  Wall Street Weighs In Nomura analyst Simeon Siegel maintained a Neutral rating on Gap with a $32 price target. Credit Suisse analyst Michael Binetti maintained ...

With Urban Outfitters Inc (NASDAQ: URBN) coming off a strong second-quarter earnings beat and record sales, Wall Street analysts came in droves to discuss the retailer's future prospects.  Analyst Ratings: Nomura analyst Simeon Siegel maintained a Neutral rating on Urban Outfitters...

Urban Outfitters, Inc. (NASDAQ: URBN)'s fashion sense might be back, but its premium valuation rules out a bullish thesis, according to Baird. The Analyst Baird Equity Research analyst Mark Altschwager downgraded Urban Outfitters from Buy to Neutral and maintained a $53 price target.  The...

Lululemon Athletica inc. (NASDAQ: LULU) were up more than 9 percent at the close Wednesday following a fourth-quarter earnings beat that saw comps up a remarkable 12 percent. The athletic apparel maker reported a Q4 adjusted EPS of $1.33 against a $1.27 estimate, sales of $928.8 million versus the...

Kohl's Corporation (NYSE: KSS)'s third-quarter earnings report on Thursday included an earnings miss, adding conviction to the theory of some investors that physical retailers are ultimately doomed. The Analyst Baird's Mark Altschwager. The Rating Altschwager upgraded Kohl's...

Unfortunately for Coach Inc (NYSE: COH) investors, the stock’s Barron’s bounce didn’t last for long. On Saturday, Barron’s journalist Emily Bary said the stock looks like a good buy at its current price given its upcoming name change and recent streamlining initiatives....

Investors turned their backs on Coach Inc (NYSE: COH) after Tuesday’s mixed earnings report, but Wall Street stood loyally by. The Buckingham Research Group called the 15-percent, $7.50 sell-off “overdone,” while UBS and Baird Equity Research tagged the pullback a buying...

Is Urban Outfitters, Inc. (NASDAQ: URBN), once the epitome of hipster chic, in danger of falling completely out of fashion? “Fade away or here to stay?” wondered MKM Partners analyst Roxanne Meyer, who rated the kitschy clothier a Sell with a price target of $16. Shares were trading at...

Lululemon Athletica Inc. (NASDAQ: LULU) is selling a wider variety of items, more new products and more markdowns, according to a Baird analysis. The athletic apparel retailer reported first-quarter sales of $520.3 million versus estimates of $513.9 million on June 1 and an adjusted EPS of $0.32...

The Wall Street Journal reported earlier this week private-equity firm Cerberus Capital Management is believed to be teaming up with American Eagle Outfitters (NYSE: AEO) to acquire rival teen retailer Abercrombie & Fitch Co. (NYSE: ANF). The WSJ report shouldn't come as a surprise; talks of M...

Ulta Beauty Inc (NASDAQ: ULTA) has been a beneficiary of the "selfie generation" where teens and millennials need to look their best for the constant stream of selfies posted to social media platforms. Ulta's nearly 800 percent gain over the past 10 years has rewarded long-term...

Urban Outfitters, Inc. (NASDAQ: URBN) first-quarter earnings were a disappointment, but the company could represent a long-term value in the troubled apparel and retail sector, according to a Baird analyst. The company reported an EPS of 10 cents vs. a consensus of 15 cents and lower-than-expected...

A year after upgrading its rating on J C Penney Company Inc (NYSE: JCP), Baird recalibrated its estimates and valuation framework to better align its cautious stance on the department store sector. A Recap Of Year-Earlier Rating Action And What Has Changed Baird noted it upgraded shares of JC...

Big-name retail stocks Macy’s Inc (NYSE: M), J C Penney Company Inc (NYSE: JCP), Nordstrom, Inc. (NYSE: JWN) and Kohl’s Corporation (NYSE: KSS) all reported earnings over the past two days, and all four stocks have been hammered. While 2017 is off to a rough start for U.S. retail stocks...

The luxury goods space saw a M&A announcement earlier this week. Coach Inc (NYSE: COH) announced a deal to buy Kate Spade & Co (NYSE: KATE) for $18.50 per share, or a total transaction value of $2.4 billion in cash. The deal is expected to close in July and will be financed with $1.2...