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UPDATE: Piper Jaffray Lowers PT on Pacific Sunwear from $3.50 to $2 and Maintains Underweight
Wednesday, August 24, 2011 - 6:30am | 101Piper Jaffray has published a research report on Pacific Sunwear (NASDAQ: PSUN) lowering the price target by $1.50. In the report, Piper Jaffray wrote, "While PSUN's Q2 results were modestly above expectations with non-GAAP LPS of ($0.18) vs. guidance of ($0.29)-($0.22) and our PJC estimate of ($0...
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Oppenheimer Downgrades Pacific Sunwear To Perform, Removes PT
Wednesday, August 24, 2011 - 5:52am | 25Oppenheimer has downgraded Pacific Sunwear (NASDAQ: PSUN) from Outperform to Perform and has removed its price target.
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JP Morgan Lowers PT on Ann Taylor Stores To $28
Wednesday, August 24, 2011 - 5:42am | 28JP Morgan has lowered the price target on Ann Taylor Stores (NYSE: ANN) from $30 to $28 and maintains its Neutral rating.
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Wedbush Lowers PT on Pacific Sunwear To $2
Wednesday, August 24, 2011 - 5:39am | 27Wedbush Securities has lowered the price target on Pacific Sunwear (NASDAQ: PSUN) from $3.50 to $2 and maintains its Underperform rating.
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US Stock Futures Down As Investors Await Economic Data
Wednesday, August 24, 2011 - 5:25am | 408US stock futures are lower this morning, as investors are awaiting data on demand for durable goods. Futures for the Dow Jones Industrial Average dipped 78 points to 11,063.00 and S&P 500 index futures fell 7.80 points to 1,150.80. Nasdaq 100 futures dropped 13.00 points to 2,111.00. US stocks...
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JP Morgan Lowers PT On Urban Outfitters To $33
Wednesday, August 24, 2011 - 5:25am | 27JP Morgan has lowered the price target on Urban Outfitters (NASDAQ: URBN) from $36 to $33 and maintains its Overweight rating.
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Piper Jaffray Lowers PT On PSUN To $2
Wednesday, August 24, 2011 - 4:56am | 27Piper Jaffray has lowered the price target on Pacific Sunwear (NASDAQ: PSUN) from $3.50 to $2 and maintains its Underweight rating.
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Earnings Scheduled For August 24
Wednesday, August 24, 2011 - 3:14am | 362Applied Materials Inc (NASDAQ: AMAT) is expected to report its Q3 EPS at $0.33 on revenue of $2.68 billion. Collective Brands Inc (NYSE: PSS) is projected to report its Q2 EPS at $0.14 on revenue of $868.02 million. American Eagle Outfitters Inc (NYSE: AEO) is estimated to report its Q2 EPS at $0...
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Stocks To Watch For August 24
Wednesday, August 24, 2011 - 2:57am | 211Some of the stocks that may grab investor focus today are: Wall Street expects American Eagle Outfitters Inc (NYSE: AEO) to report its Q2 EPS at $0.11 on revenue of $650.78 million. AEO shares fell 0.17% to $11.60 in after-hours trading. Avago Technologies Ltd (NASDAQ: AVGO) reported better-than-...
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UPDATE: Piper Jaffray Lowers PT on Guess from $52 to $49
Tuesday, August 23, 2011 - 7:11am | 98Piper Jaffray has published a research report on Guess? (NYSE: GES) lowering the price target by $3. In the report, Piper Jaffray wrote, "We previewed the holiday and Spring deliveries at the MAGIC apparel show in Las Vegas and despite the volatile market trends over the least several weeks, we...
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Deutsche Bank Maintains Hold Rating On Ross Stores
Tuesday, August 23, 2011 - 6:47am | 77According to Deutsche Bank, Ross Stores (NASDAQ: ROST) Hold rating is maintained. Deutsche Bank said that with 2Q comps and EPS already pre-announced ahead of last Thursday's release, leading in to that earnings report investors were looking for FY11 EPS guidance at or above $5.41. “For FY11, we...
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Jefferies Reiterates Buy on Guess
Tuesday, August 23, 2011 - 6:35am | 116Jefferies is out with its report today on Guess (NYSE: GES), reiterating Buy. In its report, Jefferies writes, "We actually expect 2Q results to come in OK and think GES is likely to post an EPS beat. We expect that the company's N.A. biz saw better results in 2Q as it benefited from improving...
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Piper Jaffray Lowers PT On Guess? To $49
Tuesday, August 23, 2011 - 6:24am | 26Piper Jaffray has lowered the price target on Guess? (NYSE: GES) from $52 to $49 and maintains its Overweight rating.
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US Stock Futures Signal Higher Start On Wall Street
Tuesday, August 23, 2011 - 5:44am | 341US stock futures are higher this morning. Futures for the Dow Jones Industrial Average surged 119 points to 10,966.00 and S&P 500 index futures rose 14.30 points to 1,137.60. Nasdaq 100 futures gained 25.00 points to 2,069.00. US stocks closed higher on Monday, with the Dow Jones Industrial...
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Earnings Scheduled For August 23
Tuesday, August 23, 2011 - 2:23am | 481Williams-Sonoma Inc (NYSE: WSM) is expected to report its Q2 EPS at $0.36 on revenue of $823.97 million. American Woodmark Corporation (NASDAQ: AMWD) is estimated to post a Q1 loss at $0.17 per share on revenue of $116.18 million. La-Z-Boy Incorporated (NYSE: LZB) is projected to report its FQ1...