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Baird: Lululemon Remains One Of The Best-Positioned Retail Brands
Tuesday, August 29, 2017 - 11:31am | 387Read More...Lululemon Athletica inc. (NASDAQ: LULU), which is scheduled to report second-quarter earnings after the close Thursday, is on a “multiyear path toward double-digit EPS growth” and has an attractive risk/reward profile over the next year, according to Baird. Q2 comps and EPS figures are...
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Time For Profit Taking In Deere Shares?
Monday, August 21, 2017 - 2:37pm | 336Read More...Deere & Company (NYSE: DE) shares were up more than 50 percent in the past year prior to a 5.3 percent Friday sell-off in the wake of a disappointing earnings report. Now that the numbers are out, Deere investors must decide whether or not to join the ranks of the profit takers. Unfortunately,...
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What The Sell-Side Thought Of Bill Ackman's ADP Thesis Presentation
Monday, August 21, 2017 - 2:29pm | 369Read More...Billionaire activist investor Bill Ackman made his activist case against Automatic Data Processing (NASDAQ: ADP) public last week, which was well researched and "reflected significant efforts at due diligence," analysts at Baird Equity Research commented in a research report. Ackman and his team...
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Here's Why Baird Is Impressed With Alibaba
Friday, August 18, 2017 - 11:23am | 587Read More...After Alibaba Group Holding Ltd (NYSE: BABA) delivered a beat for the first quarter of fiscal 2018, Baird analysts are recommending investors “add to positions.” The e-commerce giant reported a Q1 adjusted EPS of $1.17 against a 93-cent estimate and sales of $7.403 billion against a $7....
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Walmart Continues Relevancy While Other Retailers Struggle
Friday, August 18, 2017 - 10:38am | 461Read More...Wal-Mart Stores Inc (NYSE: WMT) failed to impress Wall Street with its second-quarter earnings report, despite topping consensus expectations across the board. With Walmart’s stock already up 30 percent since the beginning of 2016, Baird analyst Peter Benedict says the company may not have...
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Sell-Side Sees Opportunity To Bag Shares Of Coach On Post-Earnings Pullback
Wednesday, August 16, 2017 - 1:31pm | 551Read More...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...
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Dressed To Kill Or Going Out In Style? Analysts Mixed On Ailing Urban Outfitters' Q2 Beat
Wednesday, August 16, 2017 - 11:18am | 506Read More...Is Urban Outfitters, Inc. (NASDAQ: URBN), once the epitome of hipster chic, in danger of falling completely out of fashion? “Fade away or here to stay?” wondered MKM Partners analyst Roxanne Meyer, who rated the kitschy clothier a Sell with a price target of $16. Shares were trading at...
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Walmart's Aggressive Online Expansion Should Please Investors
Monday, August 14, 2017 - 4:01pm | 404Read More...Wal-Mart Stores Inc (NYSE: WMT)'s aggressive expansion in its online business will likely help continue the company's momentum when second-quarter earnings are announced on Thursday, analysts say. “While the broader retail backdrop has been choppy, we believe ongoing investments in...
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Baird Analyst: Tesla Is Not A Good Short With Model 3 On Its Way
Monday, August 14, 2017 - 9:50am | 417Read More...Tesla Inc (NASDAQ: TSLA) is one of the most polarizing stocks in the market. Baird analyst Ben Kallo is among the most optimistic Tesla bulls. On Monday, Kallo reiterated his Overweight rating for Tesla and raised his price target for the stock from $368 to $411. He also issues a word of warning...
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Nordstrom Remains A Bright Spot In A Dismal Quarter For Retail
Friday, August 11, 2017 - 2:57pm | 616Read More...In retail, a sector that’s been hammered by store closings and bankruptcies, the second-quarter report from Nordstrom, Inc. (NYSE: JWN) Thursday was a rare beat. The luxury retailer is a bright spot in retail, KeyBanc Capital Markets analyst Edward Yruma said in a Thursday note. The research...
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Vantiv Added To Stifel's 'Select List' Following WorldPay Acquisition
Thursday, August 10, 2017 - 11:26am | 839Read More...Payment processing company Vantiv Inc (NYSE: VNTV) announced Wednesday a deal to buy U.K.-based peer WORLDPAY GRP PLC UNSPON ADR EACH REPR 3 ORD (OTC: WPYGY) for $10 billion. Following the announcement, Stifel added shares of Vantiv to the Stifel Select List, citing its belief that the stock...
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Great Expectations For Canada Goose's Q1
Wednesday, August 9, 2017 - 1:45pm | 579Read More...Analysts from Baird and Barclays have a positive outlook for the Canada Goose Holdings Inc. Subordinate Voting Shares (NYSE: GOOS) first-quarter earnings report when it lands Thursday morning. Q1 represents only 3 to 4 percent of Canada Goose’s annual sales, Baird analyst Jonathan Komp said...
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Look Closer, Tenet Healthcare Is Making More Progress Than It Seems
Tuesday, August 8, 2017 - 1:46pm | 409Read More...At first glance, Baird said Tenet Healthcare Corp (NYSE: THC)'s second-quarter result is better than it looks. The firm clarified that the optics of the print, guide-down and complexity once again overshadowed progress. Overall In-Line Results Analyst Whit Mayo noted Tenet Healthcare's second-...
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As EBITDA Evaporates, Plains All American Shares Downgraded
Tuesday, August 8, 2017 - 11:51am | 504Read More...Baird downgraded the units of Plains All American Pipeline, L.P. (NYSE: PAA) and Plains GP Holdings LP (NYSE: PAGP). The firm premised its stance on the potential evaporation of $400 million in annual EBITDA in 2018 from the previously normalized level of $500 million, implied by the preliminary...
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Twilio Bears Lick Their Wounds After Q2 Beat And Raise
Tuesday, August 8, 2017 - 9:48am | 389Read More...Twilio Inc (NYSE: TWLO) easily beat second-quarter expectations with a 55.4 percent surge in revenues, sending the stock up more than 12 percent in pre-market trading. Twilio, a cloud communications platform that lets software developers make and receive phone calls, shook off the loss of some...
















