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Hibbett Sports Uncertainly Remains High
Monday, May 23, 2016 - 9:43am | 299Read More...Hibbett Sports, Inc. (NASDAQ: HIBB) reported its 1Q results with the comp and EPS in line with expectations. Brean Capital’s Eric Tracy maintains a Sell rating on the company, with a price target of $30. Limited Visibility Although management maintains its FY16 comp +LSD and EPS guidance for...
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While Dick's Earnings Were 'Better Than Feared,' Brean Cuts Price Target To $47
Friday, May 20, 2016 - 8:52am | 284Read More...Brean Capital’s Eric Tracy mentioned that Dicks Sporting Goods Inc (NYSE: DKS) announced “better than feared” 1Q results, with the EPS a penny ahead of the consensus and the estimate. Tracy maintains Buy rating on the company, while lowering the price target from $50 to $47. 1Q...
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Brean Downgrades Under Amour, But Still Likes Its Long-Term Story
Wednesday, May 4, 2016 - 7:39am | 300Read More...Under Armour Inc (NYSE: UA) announced the departure of its Chief Merchandising Officer Henry Stafford and Chief Digital Officer Robin Thurston in July. Brean Capital’s Eric Tracy downgraded the rating for the company from Buy to Hold. The analyst expressed concern regarding risks to the...
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Brean Offers Takeaways From Under Armour's Connected Fitness Facility Tour
Monday, April 4, 2016 - 8:18am | 272Read More...Under Armour Inc (NYSE: UA) has been generated a strong top-line performance, and has a 2018 revenue target of $7.5B, representing a 4-year CAGR of 25 percent. Brean Capital’s Eric Tracy maintained a Buy rating for the company, with a price target of $88, after meeting with management...
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Nike Missed On Top Line, But Analysts Still Bullish On The Swoosh
Wednesday, March 23, 2016 - 11:21am | 589Read More...Nike Inc (NYSE: NKE) reported Q4 EPS of $0.55, topping consensus expectations of $0.49. The company also reported Q4 revenue of $8.0 billion, slightly below consensus expectations of $8.2 billion. Nike shares are down about 4.5 percent in early Wednesday trading, but the revenue miss didn...
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6 Reasons Under Armour Is Still A Buy After CES Unveilings
Thursday, January 7, 2016 - 9:12am | 498Read More...Shares of Under Armour Inc (NYSE: UA) have appreciated 19.49 percent over the past one year, from a low of $64.65 on January 15, 2015. Brean Capital’s Eric Tracy has maintained a Buy rating on the company, with a price target of $110. Following the presentation and Q&A session...
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Top Nike Analysts Love Recent Numbers
Wednesday, December 23, 2015 - 11:53am | 1043Read More...Shares of Nike Inc (NYSE: NKE) have appreciated 38.51 percent year-to-date, touching a high of $134.33 on November 27. Several top analysts recommended buying the stock, while one preferred to remain on the sidelines. The analysts believe that “Santa came early” for Nike this...
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Brean Cuts Target On Deckers From $70 To $63 Amid 'Caution'
Wednesday, December 2, 2015 - 8:30am | 317Read More...Deckers Outdoor Corp (NYSE: DECK) shares are down 46 percent year-to-date, having declined steadily through the year. Brean Capital’s Eric Tracy maintained a Buy rating on the company, while reducing the price target from $70 to $63. Unseasonably warm weather could continue into 4Q...
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Brean On VF Corp: 'We Are Buyers...'
Monday, October 26, 2015 - 10:18am | 318Read More...The share price of VF Corp (NYSE: VFC) has declined 15.46 percent year-to-date, touching a low of $63.75 on October 23. Brean Capital’s Eric Tracy has maintained a Buy rating on the company, while lowering the price target from $79 to $73. Tracy believes that the recent sell-off in...
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Brean Cuts Under Armour Targets: Here's Why
Friday, October 23, 2015 - 8:38am | 367Read More...Under Armour Inc (NYSE: UA) shares are down 8 percent in the last one month, from a high of $105.70 on September 25. Brean Capital’s Eric Tracy maintained a Buy rating on the company, while reducing the price target from $117 to $110. Expected drag on 4Q margins and questions around...
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Brean: Eight Branded Apparel, Footwear Stocks Worth Buying
Friday, October 16, 2015 - 2:07pm | 540Read More...Brean Capital has initiated coverage at Buy for eight stocks in the branded apparel and footwear space. Despite stretched valuations, the firm sees five key growth themes in the industry over the next two years. Leading companies will continue to focus on high-margin, direct-to-customer services...
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Under Armour Decline May Be Buying Opportunity, Janney Says
Wednesday, April 30, 2014 - 4:11pm | 133Read More...On Wednesday, Janney Capital upgraded Under Armour (NYSE: UA) the stock from Neutral to Buy and lowered the price target from $170 to $125. Analyst Eric Tracy sees the recent 24 percent decline as a buying opportunity as the company is “positioned over the next 12-24 months to realize the...
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Janney Capital Markets Reiterates Buy on Deckers Outdoor Ahead of 3Q Print Next Week
Thursday, October 17, 2013 - 12:00pm | 166Read More...In a report published Thursday, Janney Capital Markets analyst Eric Tracy reiterated a Buy rating on Deckers Outdoor Corp. (NASDAQ: DECK). In the report, Janney Capital Markets noted, “We remain constructive on the shares of DECK heading into the company's 3Q print next week (expected 10/24, after...
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FBR Capital Markets Raises Price Target For Under Armour, Inc. (UA)
Wednesday, April 28, 2010 - 3:33pm | 123Read More...Analyst Eric Tracy at FBR Capital Markets has released an update on Under Armour, Inc. (NYSE: UA). The company reported its first-quarter results on Tuesday. Under Armour posted substantial upside to sales in the first-quarter. FBR Capital Markets believes that restocking and release of pent-up...
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FBR Capital Markets Upgrades The Finish Line, Inc. (FINL) To Outperform Rating
Thursday, April 1, 2010 - 10:05am | 147Read More...Analysts Eric Tracy and Kelly Duval at FBR Capital Markets have upgraded The Finish Line, Inc. (NASDAQ: FINL) to Outperform rating. The price target for The Finish Line, Inc. stock has been established at $19. Analysts believe that visibility to sustained positive top-line growth, coupled with...
