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Buckingham Lowers Michael Kors Price Target To $47, Sees 13% Upside
Tuesday, May 31, 2016 - 3:52pm | 452Read More...Buckingham has cut the price target of Michael Kors Holdings Ltd (NYSE: KORS) by $7 to $47, implying a 13 percent upside. The brokerage also cut its EPS estimate to reflect more conservative sales assumptions as retailers reduce their exposure to the Michael Kors brand due to over distribution....
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Buckingham Defends Kate Spade, Says Macy's CEO Handbag Comments Are 'Irrelevant'
Thursday, May 12, 2016 - 6:17pm | 214Read More...Buckingham Research Group's Scott Krasik "reiterated" Kate Spade & Co (NYSE: KATE)'s Buy Rating and $31.00 price target. This support came after Kate Spade cut FY16 sales and EPS guidance Wednesday, which pushed the price down 16 percent. Krasik said the "pullback...
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Buckingham Starts Kate Spade At Buy With 31% Upside, Upbeat On Guidance
Wednesday, April 13, 2016 - 9:49am | 245Read More...Growth at Kate Spade & Co (NYSE: KATE) could outpace growth of the global accessories market. Buckingham Research Group’s Scott Krasik initiated coverage of the company with a Buy rating and a price target of $31. The analyst mentioned that the price target implies 31 percent upside...
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Foot Locker Sales Trends Likely To Decelerate Going Forward, Buckingham Research Warns
Tuesday, November 10, 2015 - 10:20am | 302Read More...Foot Locker, Inc. (NYSE: FL) shares have gained 20 percent year-to-date, and are trading close to their 52-week high of $77.25. Buckingham Research’s Scott Krasik downgraded the rating on the company from Buy to Neutral, while reducing the price target from $82 to $69. With key...
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Buckingham Research Reaffirms: Nike Is Still The Best Growth Story In Consumer
Friday, September 25, 2015 - 3:42pm | 344Read More...Shares of Nike Inc (NYSE: NKE) rose nearly 10 percent by Friday afternoon after the company reported its first-quarter results. Scott Krasik of Buckingham maintained a Buy rating on Nike with a price target raised to $140 from a previous $126. Krasik noted that Nike is still the best growth story...
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Deckers' Growth 'Entering Less Volatile Phase,' Upgraded by Buckingham
Thursday, April 10, 2014 - 11:10am | 126Read More...Analyst Scott Krasik believes Deckers (NASDAQ: DECK) is “entering a less volatile phase in its growth marked by new products, gross margin expansion, a timeline to expense leverage, and a formal plan to drive shareholder returns.” The $92 price target “assumes shares trade at 16.5x our FY2 EPS...
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Blackstone, Pending New CEO are 'Game-Changers' for Croc, Buckingham Says
Thursday, April 10, 2014 - 10:48am | 93Read More...On Thursday, Buckingham Research Group initiated coverage on Crocs (NASDAQ: CROX) with a Buy rating and $20 price target. “Blackstone's involvement and the pending new CEO announcement are game-changers for CROX long-term,” said analyst Scott Krasik. Earnings per share growth in 2015 will be...
