Wunderlich

The nineteenth ICR conference is underway at the Grand Lakes Resort in Orlando. The event, which began Monday and will end Wednesday, is a forum for exchanging insights into current consumer and economic trends. Wunderlich’s Eric Beder put out his thoughts on four apparel retailers that...

“Unlike the vast majority of its brethren, we believe American Eagle Outfitters (NYSE: AEO) has a focused plan to leverage its leadership positions in denim and its rising positions at Aerie and Tailgate to drive higher margins and returns,” Wunderlich’s Eric Beder said in a note...

Wunderlich reiterates its Buy rating and $33 price target on the shares of G-III Apparel Group, Ltd. (NASDAQ: GIII), saying the company is setting the platform for revival after a tough 2016. “We believe, after a tough 2016, that the company is once again setting the stage for a return to...

Wunderlich is positive on Brunswick Corporation (NYSE: BC)’s entry in to the wakeboarding market and sees in-line fourth-quarter results for the company, which makes recreational boats. Brunswick entered in to the fast growing wake surfing category with the launch of Sea Ray SLX-W 230 boat....

Wunderlich’s Bill Choi believes that there could be two reasons for higher risk of earnings volatility for Tableau Software Inc (NYSE: DATA). Choi downgraded the rating on the company from Buy to Hold, while lowering the price target from $58 to $50. Risks “While growth expectations...

Wunderlich’s Rommel Dionisio believes the upcoming launch of the Great Big Bertha Epic drivers by Callaway Golf Co (NYSE: ELY), expected before the PGA Merchandise Show, could be an important catalyst for the stock. Dionisio maintains a Buy rating on the company, with a price target of $15....

Wunderlich’s Matthew Harrigan expects to gain better clarity regarding Lions Gate Entertainment Corp. (USA) (NYSE: LGF) management’s long-term targets at the analyst day to be held on January 10. Harrigan maintains a Buy rating on the company, while raising the price target from $26 to...

Wunderlich’s Rommel Dionisio believes the upcoming Shot Show — the firearms industry’s most important annual trade show, scheduled for mid-January — is likely to intensify the competition for Smith & Wesson Holding Corp (NASDAQ: SWHC), challenging the company’s...

Wunderlich said in a report Tuesday it expects 2017 to be another transition year for retailers, as the shift from brick-and-mortar to omnichannel continues. The firm expects 2017 to be another period of "less" for the specialty retailing/apparel group — with less stores, less inventory,...

Wunderlich said the recent positive comments from NFL Commissioner Roger Goodell bode well for CBS Corporation (NYSE: CBS). The brokerage maintains its Buy rating and $72 price target on shares of CBS. Goodell On Ratings, CBS Goodell highlighted significant improvements post-election in...

Oracle Corporation (NYSE: ORCL) reported its Q2 revenue slightly below expectations, impacted by FX headwinds. The company’s initiatives to drive infrastructure cloud growth could result in some gross margin compression in the near term, Wunderlich’s Ryan MacDonald said in a report. He...

Oracle Corporation (NYSE: ORCL) is expected to report its 2017 Q2 earnings Thursday after the market close, and the Street is mostly Bullish leading in. The consensus EPS estimate is $0.60 with revenue at $9.12 billion. Ratings And Price Targets Bernstein: Outperform; $52 price target. BTIG: Buy; $...

Oracle Corporation (NYSE: ORCL) and Adobe Systems Incorporated (NASDAQ: ADBE) will report their quarterly numbers Thursday after market, and Wunderlich expects the prints to have macro implications given reported weakness in deal activity. Macro Influence “Overall, the key focus from a macro...

Wunderlich Securities has downgraded Bill Barrett Corporation (NYSE: BBG) to Hold from Buy, saying that no clear path mentioned for the use of recent funds raised, while the stock too has appreciated of late. Equity Surprises The brokerage is surprised with the equity issue, which adds $109.7...

Airgain Inc (NASDAQ: AIRG) shares plunged more than 17 percent after Wunderlich downgraded the stock to Hold from Buy as prospects for continued demand from top customer LeEco became unclear with LeEco trading halted since last week. LeEco's Influence “[W]e require more clarity regarding...