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Gildan The Price Leader In Fashion Basics, Says Bullish BofA
Wednesday, January 23, 2019 - 4:19pm | 409Read More...Several catalysts in 2019 are keeping Bank of America Merrill Lynch bullish on Gildan Activewear Inc (NYSE: GIL). The Analyst Analyst Heather Balsky maintained a Buy rating on Gildan with a $47 price target. The Thesis After meeting with customers, reps from Gildan and CFO Rhodri Harries at...
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Analysts Take Rain Check On Nordstrom After 'Eh' Q3 Report
Friday, November 16, 2018 - 10:40am | 594Read More...Nordstrom, Inc. (NYSE: JWN) plunged as much as 15 percent Friday despite reports of a marginal bottom-line beat, better-than-expected gross margins, in-line comps and raised sales guidance. Here's what the analysts are looking at. Inventory Trends Nomura is increasingly concerned with...
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BofA Double Downgrades Gildan On Nicaraguan Unrest
Tuesday, July 24, 2018 - 12:31pm | 400Read More...As geopolitical concerns weigh on the Central American supply chain, Gildan Activewear Inc (USA) (NYSE: GIL) is suffering from circumstances beyond its control, according to Bank of America Merrill Lynch. The Rating Analyst Heather Balsky downgraded Gildan from Buy to Underperform and cut the...
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Energy Sector Growth Will Help Fuel Dillard's, BofA Says In Double Upgrade
Monday, May 21, 2018 - 12:03pm | 399Read More...Dillard's is set to benefit from rising oil costs as a result of its high exposure to energy-dependent states, according to Bank of America Merrill Lynch. The Analyst BofA's Heather Balsky upgraded Dillard's, Inc. (NYSE: DDS) from Underperform to Buy and raised the price...
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Ralph Lauren Is Executing A 'Tough' Fashion Turnaround, Says BofA
Wednesday, December 13, 2017 - 3:27pm | 507Read More...Ralph Lauren Corp (NYSE: RL) has struggled to remain relevant in the fashion world despite a 90s fashion renaissance. The brand is undergoing a rebuilding process, but one analyst said she does not expect the company to achieve any sales growth until fiscal 2020. The Expert Bank of America...
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Can Fossil Fight Extinction In Competitive Wearable Climate Change?
Wednesday, August 9, 2017 - 1:22pm | 405Read More...The market hasn't much confidence in Fossil Group Inc (NASDAQ: FOSL). Shares have trended steadily downward from $129 in 2013 to under $10 per share, and Bank of America analysts don’t anticipate much improvement. Heather Balsky and Lorraine Hutchinson reiterated an Underperform rating...
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UPDATE: Bank Of America Upgrades Kate Spade
Monday, November 24, 2014 - 9:21am | 222Read More...Heather Balsky of Bank of America upgraded shares of Kate Spade & Co (NYSE: KATE) to Buy from Neutral on Monday with a price target raised to $34 from a previous $33. “Based on our handbag survey results, we think Kate Spade can offset fewer markdown sales with greater full price sell-through,...
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UPDATE: Bank Of America Downgrades Dillard's On Little Room For Further Multiple Expansion
Friday, November 21, 2014 - 8:53am | 162Read More...In a report published Friday, Bank of America analyst Heather Balsky downgraded the rating on Dillard's (NYSE: DDS) from Buy to Neutral, but reiterated the $125.00 price target. In the report, Bank of America noted, “We are downgrading Dillard's to Neutral from Buy as shares are trading near our $...
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UPDATE: Bank Of America Initiates Coverage On Kate Spade & Co As Long-Term Growth Potential Is Priced In
Tuesday, October 21, 2014 - 10:23am | 139Read More...In a report published Tuesday, Bank of America analyst Heather Balsky initiated coverage on Kate Spade & Co (NYSE: KATE) with a Neutral rating and $28.00 price target. In the report, Bank of America noted, “We are initiating coverage of Kate Spade with a Neutral rating. Kate Spade is an...
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Bank Of America Has Positive Outlook On Dillard's, Inc. Following 10Q
Friday, September 5, 2014 - 8:01am | 121Read More...In a report published Friday, Bank of America analyst Heather Balsky reiterated a Buy rating and $130.00 price target on Dillard's, Inc. (NYSE: DDS). In the report, Bank of America noted, “Our rating on Dillard's is a Buy. We think Dillard's focus on upscaling its business is the key driver of...
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UPDATE: Bank of America Merrill Lynch Initiates Coverage on Dillard's
Friday, January 17, 2014 - 9:13am | 185Read More...In a report published Friday, Bank of America Merrill Lynch analyst Heather Balsky initiated coverage on Dillard's (NYSE: DDS) with a Buy rating on attractive EPS and FCF growth trajectory, establishing a $110.00 price objective. According to the report, the coverage reflects the south and...
