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Study Shows Lululemon Is Building Momentum; This Pro Is Selling Puts
Monday, December 7, 2015 - 9:31am | 298Shares of Lululemon Athletica inc (NASDAQ: LULU) have been trending lower in the last three months and are down 25 percent since September 8. MKM Partners’ Roxanne Meyer maintained a Buy rating on the company, with a price target of $69. The company is poised to benefit from the...
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Morning Market Losers
Monday, November 30, 2015 - 9:51am | 274Supercom Ltd (NASDAQ: SPCB) shares tumbled 32.86 percent to $5.17. Supercom expects Q3 revenue of $5.5 million to $6.1 million and FY revenue to exceed $30 million. The company also announced a contract of $8 million. Cyclacel Pharmaceuticals Inc (NASDAQ: CYCC) shares dipped 23.03 percent to $0....
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Benzinga's Top Downgrades
Monday, November 30, 2015 - 8:52am | 355Analysts at Barclays downgraded Lockheed Martin Corporation (NYSE: LMT) from Equal-weight to Underweight. The price target for Lockheed Martin has been lowered from $215 to $210. Lockheed Martin shares closed at $225.96 on Friday. Evercore ISI Group downgraded Marriott International Inc (NASDAQ:...
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Benzinga's Top #PreMarket Losers
Monday, November 30, 2015 - 8:25am | 171Cyclacel Pharmaceuticals Inc (NASDAQ: CYCC) shares tumbled 21.57 percent to $0.80 in pre-market trading after gaining 47.83 percent on Friday. Martin Shkreli in YouTube live stream on Sunday said that Cyclacel Pharmaceuticals stock is worthless. AEterna Zentaris Inc. (USA) (NASDAQ: AEZS) shares...
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Lululemon Winning Streak At Four Days
Monday, November 23, 2015 - 2:53pm | 130Lululemon Athletica Inc. (NASDAQ: LULU) shares are trading higher by $2.72 at $52 in Monday's session. It is trading higher for the fourth day in a row and is now almost $9 above its lows from last Tuesday ($43.14). After a higher open, it quickly lost $1 before finding support at $48.54 and...
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Benzinga's Top Upgrades
Friday, October 16, 2015 - 9:10am | 145Analysts at Credit Suisse upgraded Lululemon Athletica inc. (NASDAQ: LULU) from Neutral to Outperform. The price target for Lululemon Athletica has been raised from $57 to $64. Lululemon Athletica shares closed at $52.52 on Thursday. JP Morgan upgraded Box Inc (NYSE: BOX) from Neutral to...
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lululemon Investors Cheer Credit Suisse Upgrade To Outperform
Friday, October 16, 2015 - 6:43am | 376Lululemon Athletica inc. (NASDAQ: LULU) shares are down 17 percent since July 16, having plunged from above $65 to below $55 in September. Credit Suisse’s Christian Buss upgraded the rating on the company from Neutral to Outperform, while raising the price target from $57 to $64....
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Benzinga's Top Initiations
Wednesday, October 7, 2015 - 9:15am | 203Analysts at Citigroup initiated initiated coverage on J C Penney Company Inc (NYSE: JCP) with a Sell rating. The target price for J C Penney is set to $7. J C Penney shares closed at $9.79 on Tuesday. Citigroup James initiated coverage on TJX Companies Inc (NYSE: TJX) with a Buy rating. The...
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Handbag Momentum Is Helping Kate Spade And Coach, While Lululemon's Pant Wall Is A Hit
Tuesday, September 22, 2015 - 7:31am | 546While the shares of Kate Spade & Co (NYSE: KATE) and Coach Inc (NYSE: COH) have declined in mid-double-digit percentages YTD, Lululemon Athletica inc. (NASDAQ: LULU) shares are down 3 percent. Wedbush’s Morry Brown has Outperform ratings on all three companies. Brown commented...
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Morgan Stanley Upgrades Lululemon, Says It Can Return To Age Of Outperformance
Monday, September 21, 2015 - 8:06am | 388Lululemon Athletica inc. (NASDAQ: LULU) shares have lost 5 percent year-to-date, and are down 20 percent since June 22, 2015. Morgan Stanley’s Kimberly C. Greenberger upgraded the rating on the company from Equal-weight to Overweight, while raising the price target from $56 to $68....
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Benzinga's Top Upgrades
Monday, September 21, 2015 - 8:01am | 342Analysts at Morgan Stanley upgraded Infinity Pharmaceuticals Inc. (NASDAQ: INFI) from Equal-weight to Overweight. The price target for Infinity Pharmaceuticals has been lowered from $15 to $13. Infinity Pharmaceuticals shares closed at $9.17 on Friday. Analysts at Barclays upgraded Shire PLC (ADR...
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US Stock Futures Surge Ahead Of Existing Home Sales Data
Monday, September 21, 2015 - 6:30am | 394Pre-open movers US stock futures traded higher in early pre-market trade. Data on existing home sales for August will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average jumped 74 points to 16,392.0, while the Standard & Poor's 500 index futures rose 8.25 points to 1,958...
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Benzinga's M&A Chatter for Wednesday September 16, 2015
Wednesday, September 16, 2015 - 6:14pm | 639The following are the M&A deals, rumors and chatter circulating on Wall Street for Wednesday September 16, 2015: News Corp to Acquire Unruly for ~$90M in Cash at Closing The Deal:News Corp (NASDAQ: NWSA) announced Wednesday, that it has agreed to acquire social video ad platform Unruly Holdings...
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Lululemon's Results Might Wear On These 5 Apparel Stocks
Friday, September 11, 2015 - 2:31pm | 337Lululemon Athletica Inc. (NASDAQ: LULU) released its second-quarter financial results recently, reporting a slip in profit despite a 16% rise in sales. Lululemon stock, meanwhile, dropped 16% on the news. In the wake of shaky stock markets and weakening economic data out of China, non-essential...
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Morning Market Losers
Thursday, September 10, 2015 - 8:51am | 240Krispy Kreme Doughnuts (NYSE: KKD) shares dipped 15.40 percent to $15.00 after the company reported weaker-than-expected results for the second quarter and lowered its forecast for the year. American Midstream Partners LP (NYSE: AMID) fell 13.98 percent to $10.21 after the company announced the...