Michael Binetti

Analysts at Credit Suisse, led by Michael Binetti, after Monday's market close initiated coverage on a plethora of apparel and retail names. Here's a summary of the bull and bear calls from the team of analysts. The Bull Calls Tapestry Inc (NYSE: TPR) initiated at Outperform, $60...

Your athletic shoes might smell after heavy use, but it could be worse: They could stink like apparel and footwear stocks. Analysts at UBS turned bearish on both Foot Locker, Inc. (NYSE: FL) and Finish Line Inc (NASDAQ: FINL) Monday. Foot Locker's worse-than-expected earnings report on Friday...

Investors turned their backs on Coach Inc (NYSE: COH) after Tuesday’s mixed earnings report, but Wall Street stood loyally by. The Buckingham Research Group called the 15-percent, $7.50 sell-off “overdone,” while UBS and Baird Equity Research tagged the pullback a buying...

Under Armour, Inc. (NYSE: UAA) shares plummeted nearly 7 percent Tuesday, despite a second-quarter earnings and sales beat. The Baltimore-based sportswear company lowered its fiscal-year 2017 sales guidance and expects the rest of the year's EPS to come in lower than consensus. 2017 revenue...

Nike Inc (NYSE: NKE) shares were seen surging Friday after a fourth-quarter earnings beat that eased some investors concerns despite lower expectations. UBS analyst Michael Binetti said Nike management did the right thing by guiding fiscal year 2018 revenues below its long-term growth target. UBS...

Coach Inc (NYSE: COH)'s $2.4 billion acquisition of rival handbag and apparel maker Kate Spade (NYSE: KATE) is finalized, but begs the question: what impact will this have on Coach's stock? What You Need To Know One of the most important factors to consider is Kate Spade's very low...

Despite a 16.5-percent jump in share price Thursday on news of a possible leveraged buyout, UBS analyst Michael Binetti doubts Nordstrom, Inc. (NYSE: JWN) can rise much higher. “After [Nordstrom’s] stock run on news that the Nordstrom family is exploring privatization, we don't see...

J.Jill Inc (NYSE: JILL) turned heads when it strutted into the markets this spring. In the company’s first quarterly report since joining the exchange in March, J.Jill posted earnings per share of $0.24 over $0.18 consensus estimates with a 20-percent beat in same store sales increases. UBS...

UBS research analyst Michael Binetti reiterated his Buy rating on Coach Inc (NYSE: COH) and raised his price target to $55 from $49 after completing his Coach and Kate Spade & Co (NYSE: KATE) acquisition model. Why Binetti Likes The Deal Binetti believes Coach is the best acquirer for Kate...

The luxury goods space saw a M&A announcement earlier this week. Coach Inc (NYSE: COH) announced a deal to buy Kate Spade & Co (NYSE: KATE) for $18.50 per share, or a total transaction value of $2.4 billion in cash. The deal is expected to close in July and will be financed with $1.2...

Nordstrom, Inc. (NYSE: JWN) reported Thursday after the market close first-quarter earnings of $0.43 per share, ahead of the consensus estimate. However, same-store sales and gross margin trailed expectations. Notwithstanding the better-than-expected bottom-line results, the shares moved sharply...

Kohl's Corporation (NYSE: KSS)'s first-quarter earnings beat and growing profit, coupled with an attractive 6-percent dividend yield isn't enough to gain the support of analysts at UBS. UBS's Michael Binetti maintains a Neutral rating on Kohl's stock with an unchanged $44 price target as the...

Coach Inc (NYSE: COH) is set to report first-quarter earnings on May 2, and at least two Wall Street forms are bullish on the handbag giant headed into the big day. UBS's Take According to UBS analyst Michael Binetti, the Coach bull case revolves around a return to growth in outlet sales. “We...

Competition, for sure, is slowly and steadily chipping away into Nike Inc (NYSE: NKE)'s market share. However, the company is still a force to reckon with in its chosen line of business. However, others like Under Armour Inc (NYSE: UA) (NYSE: UAA) and adidas AG (ADR) (OTC: ADDYY) are...