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Nike Analyst Says Nike's Entry Point Is Best In 20 Years
Wednesday, June 29, 2016 - 5:38pm | 157Read More...On CNBC earlier Wednesday, Evercore ISI analyst Omar Saad said Nike Inc (NYSE: NKE) has "one of the best entry, points for the stock in the last 20 years." He followed this bullish commentary saying, "Not only do we believe that recent mishaps are now largely in the rearview...
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Evercore ISI Upgrades JC Penney To Buy, Highlights 'Accelerating Outperformance'
Friday, March 4, 2016 - 9:23am | 251Read More...Evercore ISI’s Omar Saad upgraded the rating for J C Penney Company Inc (NYSE: JCP) from Hold to Buy, while raising the price target from $8 to $15, after the company beat expectations amid a challenging and volatile environment. Analyst Omar Saad commented that JC Penney’s recent...
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Evercore Upgrades Guess On Improvements In Europe
Wednesday, July 15, 2015 - 9:27am | 357Read More...In a report published Wednesday, Evercore analyst Omar Saad upgraded the rating on Guess?, Inc. (NYSE: GES) from Sell to Hold, while raising the target price to $22, following the announcement that CEO Pail Marciano is to step down in August and will be succeeded by Victor Herrero, currently Head...
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UPDATE: ISI Upgrades Fossil Group Inc
Thursday, October 2, 2014 - 1:14pm | 139Read More...ISI Group on Thursday upgraded shares of Fossil Group Inc (NASDAQ: FOSL) to Buy from Neutral with a $125 price target. Omar Saad increased the investment rating on Fossil for three main reasons: "The smartwatch threat, including Apple Watch, is overblown and illegitimate. Fears...
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Shares of Deckers Gain Traction on Solid Results and Analyst Notes
Friday, April 25, 2014 - 4:50pm | 698Read More...On Thursday, Deckers Outdoor Corp (NASDAQ: DECK) reported financial results for the three month transition period ending March 31, 2014. Deckers changed its fiscal year from December 31 to March 31. The company refers to this three month period as the transition period. Summary of Transition...
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Analysts Respond to Lululemon's Q4 Upside and 2014 Guidance
Thursday, March 27, 2014 - 3:51pm | 479Read More...Analysts are eager to comment on Lululemon Athletica (NASDAQ: LULU) following Fourth Quarter and Fiscal Year 2013 results. Summary of Results and Guidance Lululemon reported $521 million in revenue and $0.75 EPS in constant currency. Store revenue increased 5 percent year-over-year. Direct...
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What The DECK Happened? Deckers Outdoor Announces Ugly Guidance
Friday, February 28, 2014 - 3:19pm | 894Read More...Despite a strong fourth quarter report released on Thursday, shares of Deckers Outdoor (NASDAQ: DECK) tumbled lower as investors clearly signaled the company's guidance for 2014 was unacceptable. Deckers easily beat its fourth quarter consensus estimate of $3.80 by $0.24. Revenue of $736...
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UPDATE: ISI Group Downgrades Ralph Lauren on Expected Lull
Thursday, August 8, 2013 - 9:04am | 255Read More...In a report published Thursday, ISI Group analyst Omar Saad downgraded Ralph Lauren (NYSE: RL) from Strong Buy to Buy, and lowered the price target from $220.00 to $190.00. In the report, ISI Group noted, “Although we remain firm believers in Ralph Lauren's enormous long-term growth and margin...
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UPDATE: ISI Group Upgrades Hanesbrands Following Maidenform Brands Acquisition Announcement
Thursday, July 25, 2013 - 8:35am | 279Read More...In a report published Thursday, ISI Group analyst Omar Saad upgraded Hanesbrands (NYSE: HBI) from Neutral to Buy, and raised the price target from $55.00 to $70.00. In the report, ISI Group noted, “We are upgrading Hanesbrands to Buy from Neutral following its announced acquisition of...
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UPDATE: ISI Group Raises PT on Nike Following Solid 4Q Print, Positive Outlook
Friday, June 28, 2013 - 11:01am | 306Read More...In a report published Friday, ISI Group analyst Omar Saad reiterated a Strong Buy rating on Nike (NYSE: NKE), and raised the price target from $70.00 to $80.00. In the report, ISI Group noted, “We think Nike's solid 4Q print and decidedly positive outlook and tone last night should dispel the...
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Urban Outfitters Soars as Fossil Drops on Downgrade
Tuesday, August 21, 2012 - 9:04am | 577Read More...Struggling for many months leading up to its second quarter earnings call, Urban Outfitters (NASDAQ: URBN) pulled off a beat that had traders frantically snatching up shares on Monday in after-hours trading. Conversely, Fossil (NASDAQ: FOSL) was downgraded from Buy to Hold on Tuesday morning as the...
