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Think Retail Is Making A Comeback? Citi Suggests O'Reilly And Walmart
Tuesday, December 19, 2017 - 11:59am | 623Read More...Is retail making a comeback? It may be too early to say, but analysts at Citi at the very least expect concerns to "subside in a meaningful way" in 2018. The Analyst Citi's Kate McShane and Geoffrey Small. The Thesis The tremendous growth of e-commerce and the rise of Amazon.com,...
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What Does Wall Street Think Of Costco Now?
Friday, October 6, 2017 - 2:32pm | 918Read More...Shares of Costco Wholesale Corporation (NASDAQ: COST) were trading lower by more than 5 percent on Friday after the company's fiscal fourth-quarter earnings report had many investors concerned with a dip in margins. Here is a roundup of what some of Wall Street's most notable analysts are saying...
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Why Foot Locker Is One Mall Stock That May Not Get Shuttered
Monday, May 22, 2017 - 1:36pm | 576Read More...Foot Locker, Inc. (NYSE: FL) shares fell significantly, over 17 percent from last Thursday into Friday, after the first-quarter earnings report miss last week. Citi's 4 Reasons To Buy Despite retails notable struggles recently, Citibank analyst Kate McShane does not view Foot Locker as a typical...
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The Sell-Side Reaction To Nike's Q2
Thursday, December 22, 2016 - 10:21am | 500Read More...Shares of Nike Inc (NYSE: NKE) gained nearly 1 percent on Wednesday following its much anticipated second-quarter earnings results, which included top- and bottom-line beats. Here is a summary of how Wall Street analysts reacted to the print. Morgan Stanley Morgan Stanley's Jay Sole maintains an...
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3 Reasons To Buy Nike Shares Following Q2 Results
Wednesday, December 21, 2016 - 11:22am | 320Read More...Nike Inc (NYSE: NKE) reported its Q2 EPS ahead of expectation and maintained its FY 2017 guidance. “We feel better about the story today than we did yesterday,” Citi’s Kate McShane said in a report. She maintains a Buy rating on the company, with a price target of $60. Nike posted...
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Here's Every Rating And Price Target On Target After Q3 Earnings
Thursday, November 17, 2016 - 2:31pm | 575Read More...Target Corporation (NYSE: TGT)'s third-quarter earnings report impressed investors, but is the same sentiment shared across Wall Street? Citi Kate McShane of Citi Research stated it remains to be seen if the traffic gains contributed to a beat-and-raise quarter are here to stay. The analyst noted...
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All The Sell-Side Reactions To Dick's Sporting Goods Q3
Wednesday, November 16, 2016 - 4:02pm | 304Read More...Dicks Sporting Goods Inc (NYSE: DKS) reported expectation-exceeding earnings on Tuesday. The share price, however, fell on conservative Q4 guidance. While investors reacted to the guidance in Tuesday's trading, analysts looked further. The gained market share from The Sports Authority and other...
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Oxford Industries And Gildan Activewear: Citi Suggests A Pair Trade
Tuesday, November 15, 2016 - 10:59am | 327Read More...Both Oxford Industries Inc (NYSE: OXM) and Gildan Activewear Inc (USA) (NYSE: GIL) are small-/mid-cap apparel manufacturers, with more than 90 percent of sales generated in North America. There is, however, “relative upside opportunity” for Oxford Industries versus Gildan Activewear...
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Under Armour's Q3 Report Underwhelms Investors
Tuesday, October 25, 2016 - 10:25am | 294Read More...Analyzing Under Armour Inc's (NYSE: UA) third quarter results, Citi said investor reaction would be mixed, as positive sentiment from the earnings beat and the unchanged guidance for 2016 is likely to be offset by the disappointing gross profit margins and the management's fiscal year...
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Citi Sees Key Controversies Still Surrounding Nike Ahead Of Q1 Earnings
Wednesday, September 21, 2016 - 9:05am | 311Read More...While there continue to be concerns around Nike Inc’s (NYSE: NKE) Q1 earnings and the possibility of disappointing Q2 guidance, there is “more upside than downside” in the near term, Citi’s Kate McShane said in a report. She maintained a Buy rating on the company, with a...
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4 Takeaways From Citi's Back-To-School Shoe Survey
Thursday, September 1, 2016 - 8:14am | 327Read More...Citi’s 2016 Back-to-School Footwear Survey indicated the Athletic Specialty category outperforming the broader industry trends, analyst Kate McShane said in a report. She added that the survey results suggested a “slightly stronger BTS season y/y.” 4 Drivers Of BTS Season...
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Citi Stays Sidelined On PVH Despite Q2 Beat And Raise
Friday, August 26, 2016 - 9:55am | 296Read More...PVH Corp (NYSE: PVH) reported Q2 results ahead of expectations and raised its full-year guidance. Citi’s Kate McShane maintained a Neutral rating on the company, citing “ongoing industry challenges in North America.” The price target has been raised from $96 to $110. PVH was...
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Citi Highlights Top Back-To-School Stocks
Monday, August 22, 2016 - 3:21pm | 633Read More...Citi's Kate McShane names Foot Locker, Inc. (NYSE: FL) as her top pick to play the back-to-school season sales, along with Dicks Sporting Goods Inc (NYSE: DKS) and Finish Line Inc (NASDAQ: FINL). Some Top Names "Although we have seen a significant move in FL since late June, and a strong quarter on...
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Dick's Locations That Once Competed With The Sports Authority Stores Are Now Outperforming
Wednesday, August 17, 2016 - 11:13am | 485Read More...Citi maintains its Buy rating and raised target price by $10 to $68 on Dicks Sporting Goods Inc (NYSE: DKS) shares after solid second-quarter results driven by earlier-than-expected The Sports Authority (TSA) store closings and a strong outdoor category. Dick's Sporting Goods reported second-...
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Kate Spade Is Still An Attractive Growth Story
Thursday, August 4, 2016 - 7:38am | 326Read More...Although Kate Spade & Co (NYSE: KATE) delivered extremely disappointing 2Q results, the company continues to face attractive opportunities for EPS growth, Citi’s Kate McShane said in a report. She maintained a Buy rating on the company, while reducing the price target from $33 to $23...















