Kate McShane

Although Nike Inc (NYSE: NKE) may face some headwinds in China due to the recent backlash against Western brands, the social media and app download trends remain robust, according to Goldman Sachs. The Nike Analyst: Goldman's Kate McShane initiated coverage of Nike with a Buy rating and a...

Foot Locker, Inc. (NYSE: FL) has released many more new sneakers than its competitors, which further differentiates the company from other retailers and allowing for ongoing pricing power and top-line growth, according to Goldman Sachs. The Foot Locker Analyst: Kate McShane initiated coverage of...

As the economy gradually moves towards normalization and there is a ramp-up for vaccinations, auto parts retailers like Advance Auto Parts, Inc. (NYSE: AAP) are poised to benefit, despite strong comps in 2020, according to Goldman Sachs. The Advance Auto Parts Analyst: Kate McShane upgraded...

Retail giant Walmart Inc (NYSE: WMT) reported Thursday with fourth-quarter results that sent the stock down 6% on the day amid minimal EPS growth and elevated near-term investments. Multiple Walmart analysts continue to see a bullish picture and are recommending investors buy the dip.  The...

Seven key themes will dominate the retail sector investment landscape next year, and investors have plenty of choices, according to Goldman Sachs analyst Kate McShane. Seven Themes: The seven themes that will impact the hardline retail space next year are as follows, McShane said in a Thursday...

Ulta Beauty Inc (NASDAQ: ULTA) remains a highly debated stock, and Goldman Sachs is ready to pick a side in the bull versus bear debate after initiating at Neutral last October. The Ulta Analyst Kate McShane upgraded Ulta Beauty from Neutral to Buy with a price target lifted from $285 to $307. The...

Lowe's Companies, Inc. (NYSE: LOW) continues to put up strong margins even on below-expected sales, and the U.S. picture for home improvement is good and likely to improve into next year, sell-side analysts said. Lowe's put up a strong third-quarter earnings beat on Wednesday and raised...

Retailer Bed Bath & Beyond Inc. (NASDAQ: BBBY) suffered its worst trading day in history in late September in reaction to its fiscal second-quarter results. The company's third-quarter report Wednesday marked an improvement in performance highlighted by an earnings beat and better guidance...

Lowe’s Companies, Inc. (NYSE: LOW) shares have surged over 16 percent in the last six months, bolstered by strong earnings and new management. The Analyst Citi Research analyst Kate McShane upgraded Lowe’s from Neutral to Buy and maintained a $112 price target. The Thesis Citi...

Shares of lifestyle and performance footwear maker Skechers USA Inc (NYSE: SKX) are down nearly 30 percent since the start of 2018, and investors may want to reconsider buying the stock, as it has limited near-term upside, according to Citi.  The Analyst Citi's Kate McShane downgraded...

Nike Inc (NYSE: NKE) shares are down despite reporting a first-quarter beat that has the company on track to do roughly $40 billion in sales in 2019. The Analysts Weigh In Stifel analyst Jim Duffy said Nike’s first quarter was a strong start to the year that showcased acceleration in...

The bearish case for Advance Auto Parts, Inc. (NYSE: AAP) has come to an end after the company's second-quarter results came in better than expected, according to Citi. The Analyst Citi's Kate McShane upgraded Advance Auto Parts from Sell to Neutral. The Thesis Advance Auto Parts'...

Walmart Inc (NYSE: WMT) investors were blindsided by a disappointing fourth quarter this week, sending the stock tumbling by more than 11 percent. Several Wall Street analysts have jumped in to defend Walmart following the lackluster quarter. Here’s a rundown of what they had to say. Voices...

Foot Locker Inc (NYSE: FL) has done the unthinkable. After suffering through an abysmal 2017, the footwear retailer has climbed to the top of Citi’s Buy list for 2018. The Analyst Kate McShane of CitiBank reiterated a Buy rating on Foot Locker and raised the price target from $47 to $...