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Citi Adds Kate Spade To Focus List, Reiterates Buy
Thursday, April 14, 2016 - 10:31am | 204Read More...Kate Spade & Co (NYSE: KATE) reported strong 4Q results and returned to positive free cash flows in 2015. Citi’s Kate McShane maintained a Buy rating for the company, while raising the price target from $26 to $32. The analyst also added Kate Spade to Citi’s focus list. Kate...
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Michael Jordan Still Dominates Basketball 13 Years After Retirement
Tuesday, February 16, 2016 - 11:32am | 316Read More...In a new report, analyst Kate McShane breaks down the results of Citi Research’s annual U.S. basketball footwear survey. McShane identifies the top trends in basketball footwear and which stocks are Citi’s top footwear picks. According to the report, Michael Jordan and Nike Inc (...
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Citi Sees 'Defendable Lead' In O'Reilly, Upgrades To Buy
Thursday, December 17, 2015 - 9:52am | 380Read More...Shares of O'Reilly Automotive Inc (NASDAQ: ORLY) have appreciated 33.76 percent year-to-date, reaching a high of $275.95 on October 29. Citi’s Kate McShane has upgraded the rating on the company from Neutral to Buy, while raising the price target from $275 to $295. McShane expects the...
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Citi Responds To Clients' Complaints Following Initiated Coverage Of Wal-Mart, Costco And Target
Tuesday, November 24, 2015 - 3:13pm | 493Read More...Citi's Kate McShane recently began coverage of Target Corporation (NYSE: TGT), Wal-Mart Stores, Inc. (NYSE: WMT) and Costco Wholesale Corporation (NASDAQ: COST). McShane added that the stocks are "highly controversial," as many of the firm's clients questioned the analyst's findings. The analyst...
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Costco Vs. Target Vs. Wal-Mart: Citi Takes A Look At This Retail Battle
Monday, November 9, 2015 - 12:41pm | 762Read More...Kate McShane, Citi's Retailing analyst, pitted Costco Wholesale Corporation (NASDAQ: COST) against Target Corporation (NYSE: TGT) and Wal-Mart Stores, Inc. (NYSE: WMT) in a head-to-head battle. McShane named Target as the "surprising winner" among the three retailers. The...
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Citi Thinks Target Could Turn Around Because Of This
Monday, November 9, 2015 - 9:47am | 358Read More...Target Corporation (NYSE: TGT) shares have declined 4.36 percent over the past six months, hitting a low of $72.94 on October 23. Citi’s Kate McShane has initiated coverage of the company with a Buy rating and price target of $88. McShane believes that the stock valuation is...
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5 Predictions Ahead Of Nike's Investor Day
Monday, October 5, 2015 - 11:17am | 398Read More...Nike Inc (NYSE: NKE) shares are up 29 percent year-to-date, breaching the $120 mark for the first time this year on September 25. Citi’s Kate McShane maintained a Buy rating for the company and a price target of $142. Although Nike’s shares have jumped 7 percent since the Q1...
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Citi: Time To Buy Ralph Lauren
Thursday, September 24, 2015 - 10:37am | 306Read More...Shares of Ralph Lauren Corp. (NYSE: RL) have declined almost 42 percent year-to-date. Citi’s Kate McShane has upgraded the company from Neutral to Buy, while lowering the price target from $134 to $125. While the stock is trading “close to the bottom of its valuation range,...
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Calls Of Note: Shake Shack, Kate Spade And Other Notable Research Notes Worth Following On Tuesday
Tuesday, August 11, 2015 - 10:53am | 1107Read More...The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." Longbow: Shake Shack Trends ‘Picking Up,' Maintains At Neutral Alton Stump of Longbow Research maintained a Neutral rating on shares of Shake Shack...
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Citi: 'Bigger And More Powerful' Trade Agreements On The Horizon
Thursday, June 25, 2015 - 4:04pm | 474Read More...The U.S. Senate finally approved Trade Promotion Authority (TPA) for the president on Thursday in a 60-38 vote. The six-year legislation will allow the commander-in-chief to "fast-track" trade agreements. Congress will only be able to vote trade legislation "up or down"...
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Citigroup: Under Armour's Results, Guidance Changed Nothing For Us
Tuesday, April 21, 2015 - 2:46pm | 334Read More...Under Armour Inc (NYSE: UA) shares plunged on Tuesday on back of mixed earnings and a lower than expected full-year earnings guidance. Citigroup analyst Kate McShane was on CNBC to share her outlook on the company. No Impact "Nothing changed at all for us," McShane said...
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Here's Why Nike Is A 'Slam-Dunk' Over Its Largest Competitors
Wednesday, April 1, 2015 - 11:46am | 308Read More...Nike Inc (NYSE: NKE) is the slam-dunk winner in a head-to-head match-up with its three largest competitors, an analyst said Wednesday. Nike has been winning market share from Adidas AG (OTC: ADDYY), while Under Armour Inc (NYSE: UA) has a lesser global reach, Citi's Kate McShane said in a...
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Analysts On Dicks Sporting Goods: 'Pain Mostly Behind Us'
Wednesday, March 4, 2015 - 9:54pm | 277Read More...Dicks Sporting Goods Inc (NYSE: DKS) faces pressure from winter weather and a West Coast port slowdown, but troubles from its golf and hunting segments are abating, analysts said Wednesday. The Pittsburgh-based retailer was little changed Wednesday, closing at $55.98, after beating fourth-...
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Citigroup Raises Home Depot Price Target Following Earnings
Wednesday, February 25, 2015 - 10:10am | 243Read More...In a note out Wednesday, Citigroup analyst Kate McShane maintained a Buy Rating on Home Depot Inc (NYSE: HD), while upping the price target to $133. McShane feels that buyback flexibility should provide support to EPS target, while the company's EPS guidance is conservative given buyback...
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Citigroup Singled Out These 2 Retailers As 'Being Concerned' Over Port Closures
Thursday, February 19, 2015 - 11:19am | 232Read More...In a report published Thursday, Citigroup analyst Kate McShane commented that both Steven Madden, Ltd. (NASDAQ: SHOO) and Skechers USA Inc (NYSE: SKX) are "concerned" that the West Coast Port closures could "curtail" this full-price selling season, which is already shorter due to an earlier Easter...
