Morry Brown

Abercrombie & Fitch Co. (NYSE: ANF) shares have lost 5 percent year-to-date. Wedbush’s Morry Brown said that the company’s performance during the Holiday weekend was most surprising, with strong traffic and sell through. Promotions in teen retail remained broadly flat to...

Shares of Lululemon Athletica inc. (NASDAQ: LULU) are down 29 percent in the last three months and trading close to their 52-week low of $43.14. Wedbush’s Morry Brown maintained an Outperform rating on the company, while reducing the price target from $78 to $56. Although inventory...

Shares of Buckle Inc (NYSE: BKE) and Gap Inc (NYSE: GPS) are down 42 percent and 38 percent, respectively, year-to-date, while L Brands Inc (NYSE: LB) shares have gained 11 percent. Wedbush’s Morry Brown maintained a Neutral rating on all three companies, while revising the price...

Lululemon Athletica inc. (NASDAQ: LULU) shares have gained 17 percent year-to-date, and are trading close to their 52-week high of $70. Wedbush’s Morry Brown maintained an Outperform rating for the company, with a price target of $78. Brown has added the company to the Best Ideas...

In a report published Tuesday, Wedbush analyst Morry Brown detailed mall checks at many specialty retailers. Express: Reduced Level Of Promotions Express, Inc. (NYSE: EXPR) held a reduced level of promotional activity at stores and online and chose not to lap 40 percent off entire store offer...

Wedbush on Wednesday afternoon initiated coverage on three luxury retailers. Below are highlights on each company from analysts Morry Brown and Taryn Kuida along with ratings and price targets. Kate Spade & Co (NYSE: KATE) - Outperform, $39 price target Brown felt that early stage...

In a report published Thursday, Wedbush Securities analyst Morry Brown reiterated a Neutral rating and $17.00 price target on Francesca's Holdings Corp. (NASDAQ: FRAN). In the report, Wedbush Securities noted, "Progress on inventory and within non-apparel categories; apparel remains a challenge. We...

In a report published Friday, Wedbush Securities analyst Morry Brown reiterated a Neutral rating on Zumiez Inc. (NASDAQ: ZUMZ), and raised the price target from $37.00 to $38.00. In the report, Wedbush Securities noted, "ZUMZ's 1Q15 outlook fell just shy of consensus expectations, as management...

In a report published Tuesday, Wedbush Securities analyst Morry Brown reiterated a Neutral rating on Urban Outfitters (NASDAQ: URBN), and raised the price target from $40.00 to $44.00. In the report, Wedbush Securities noted, "Continued sales improvement at UO likely to support stock in the near...

Gap Inc (NYSE: GPS) on Thursday reported its fourth quarter results. By Friday morning, several analysts offered their take. Jefferies: It's ‘Simple' In a report published Friday, Jefferies analyst Randal Konik wrote that his view of The Gap is "simple." "...

In a report published Friday, Wedbush Securities analyst Morry Brown reiterated an Outperform rating on Ross Stores, Inc. (NASDAQ: ROST), and raised the price target from $106.00 to $112.00. In the report, Wedbush Securities noted, "Business firing on all cylinders; conservative comp plan sets the...

In a report published Thursday, Wedbush Securities analyst Morry Brown reiterated a Neutral rating and $93.00 price target on L Brands, Inc. (NYSE: LB). In the report, Wedbush Securities noted, "LB reported 4Q and provided initial guidance for 1Q15 and FY15. We believe the results and guidance were...

In a report published Monday, Wedbush analyst Morry Brown suggested that Express, Inc. (NYSE: EXPR) and Ross Stores, Inc. (NASDAQ: ROST) are top picks heading into retail earnings season. "With retail seeing multiple cross currents (lower gas prices, a better consumer spending environment...