Apparel, Accessories & Luxury Goods

Good morning!  Could things get worse in France right now? This morning prosecutors raided 5 of the biggest banks including Société Generale, BNP Paribas, and HSBC. They face +$1 billion in penalties from tax fraud and money laundering.  Are you kidding me? Markets Prices...

Lululemon Athletica Inc. (NASDAQ: LULU) is expected to report its financial results for the fourth quarter and full year fiscal 2022 after the closing bell on Tuesday, March 28, 2023. Analysts expect the company to post quarterly earnings at $4.26 per share, up from $3.37 per share in the year-ago...

TD Securities cut the price target for Lululemon Athletica Inc. (NASDAQ: LULU) from $488 to $470. TD Securities analyst John Kernan maintained an Outperform rating. Lululemon shares fell 0.5% to $306.75 in pre-market trading. Benchmark lowered the price target for Seelos Therapeutics, Inc. (...

Bernstein analyst Aneesha Sherman downgraded Lululemon Athletica Inc (NASDAQ: LULU) from Market Perform to Underperform and lowered the price target from $340 to $290. The analyst said in the last year, the biggest concern on LULU has been the bullish expectations of perpetual...

Morgan Stanley analyst Alex Straton thinks 1H23 Softlines Retail results likely remain challenged, if not further degrade from 4Q22 trend, on potentially recessionary-like conditions, ongoing outsized inventory levels, & tougher compares. But in 2H23, the analyst sees a potential...

Lululemon Athletica Inc (NASDAQ: LULU) raised its fourth-quarter FY22 revenue outlook to $2.660 billion - $2.700 billion (consensus $2.67 billion), representing a 25% - 27% increase Y/Y. The previous guidance range was $2.605 billion to $2.655 billion. Meanwhile, the company...

Wells Fargo analyst Ike Boruchow upgraded Lululemon Athletica Inc (NASDAQ: LULU) to Overweight and raised the price target to $380 from $360. Lululemon’s topline resilience in the past few years has been nothing short of stunning, with 2022E’s topline expected...

Piper Sandler cut Lululemon Athletica Inc. (NASDAQ: LULU) price target from $390 to $385. Piper Sandler analyst Abbie Zvejnieks maintained an Overweight rating on the stock. Lululemon shares fell 0.7% to close at $320.98 on Wednesday. Credit Suisse slashed Danaher Corporation (NYSE: DHR)...

In the week 5 December store checks, Morgan Stanley analyst Alex Straton observed a slight week-on-week decrease in retail foot traffic and broadly higher year-on-year promotional clearance breadth. More specifically, footfall appeared to decelerate from December Week 4 levels, an...

Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused...

The CNN Money Fear and Greed index moved to the "Neutral" zone after the Dow Jones dropped more than 300 points on Friday. US stocks notched losses last week, with the Dow dropping 2.77% to record its worst week since September. The S&P also dipped around 3.3%, while the Nasdaq lost...

Gainers Ambrx Biopharma Inc. (NYSE: AMAM) shares jumped 551.4% to $2.67 after the company announced preliminary Phase 2 results from its ACE-Breast-03 study showing a 57.1% overall response rate. ClearOne, Inc. (NASDAQ: CLRO) gained 85% to $1.51 after the company and Shure Incorporated announced...

U.S. stocks traded lower, with the Dow Jones jumping around 70 points on Friday. Here are some big stocks recording losses in today’s session. Meta Materials Inc. (NASDAQ: MMAT) shares tumbled 24.6% to $1.3799. Meta Materials recently announced FINRA has processed and announced the corporate...

With US stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Johnson Outdoors Inc. (NASDAQ: JOUT) to report quarterly earnings at $0.37 per share on revenue of $168.57 million before the opening bell....

Lululemon Athletica Inc. (NASDAQ: LULU) is expected to report quarterly earnings Lululemon is projected to post quarterly earnings at $1.96 per share on revenue of $1.81 billion. Lululemon shares gained 0.7% to $374.76 in pre-market trading. Benzinga readers can access the latest analyst ratings on...