-
Calls Purchased on Urban Outfitters, Inc. (URBN)
Tuesday, February 8, 2011 - 2:26pm | 129Shares of Urban Outfitters, Inc. (NASDAQ: URBN) are higher on the session by 4.49%, currently trading at $36.68. The stock has been moving largely higher over the past month and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A...
-
Brian Sozzi Out With Note On Retail M&A (FRED, ARO, AE, CVS, WAG)
Tuesday, February 8, 2011 - 1:37pm | 323Brian Sozzi of Wall Street Strategies is out with a research note discussing his latest potential idea for a retail company to go private. In the note, Sozzi picks Fred's, Inc. (NASDAQ: FRED) as his idea to most likely go public. There has been the continuous rumors that private-equity might bid...
-
Citi Upgrades Urban Outfitters To Hold, Raises PT to $38
Tuesday, February 8, 2011 - 9:18am | 195Citi sees less near term risk for Urban Outfitters (NASDAQ: URBN) and it's raising the 4Q10 estimate to $0.52, in-line with consensus. Inventory should move closer to the rate of sales to end the year and markdown rates, while they remain historically high, appear to have been relatively well...
-
Citigroup Upgrades Urban Outfitters To Hold, PT To $38
Tuesday, February 8, 2011 - 8:07am | 27Citigroup has upgraded Urban Outfitters (NASDAQ: URBN) from Sell to Hold and has raised the price target from $32 to $38.
-
Citigroup Ups URBN To Hold
Tuesday, February 8, 2011 - 7:33am | 50Analysts at Citigroup upgrade Urban Outfitters Inc (NASDAQ: URBN) from “sell” to “hold.” The target price for URBN has been raised from $32 to $38. URBN shares gained 1.01% to close at $35.11 yesterday. More Analyst Ratings here
-
Ross Stores Shares Slip. Watch This Support Area.
Monday, February 7, 2011 - 11:38am | 69Ross Stores Inc.(NASDAQ: ROST) is a leading discount retailer. The stock is trading lower today by $1.01 to $68.87 a share. Traders can watch the $68.00 area for short term intra-day support. Should the stock decline further today short term traders should watch the $66.75 area as the next...
-
Goldman Sachs: Retail Headed For A Comeback (ANF, AEO)
Monday, February 7, 2011 - 10:06am | 219In a recent report, Goldman Sachs added Buy-rated Abercrombie & Fitch (NYSE: ANF) to the Conviction List and upgraded American Eagle (NYSE: AEO) from Neutral to Buy. Goldman identified drivers/signals that suggest multi-yr macro and trend cycle headwinds are shifting to tailwinds for ANF &...
-
Fast Money Picks For February 7th (UPL, ANF, GLW, TCK)
Sunday, February 6, 2011 - 6:19pm | 183On CNBC's Fast Money, Joe Terranova suggested to investors to buy Ultra Petroleum Corp. (NYSE: UPL) on Monday. Ultra Petroleum Corp. (UPL) jumped 2.02% on Friday, and it closed at $49.05. Guy Adami thinks that it would be wise to buy Abercrombie & Fitch Co. (NYSE: ANF) on Monday. Abercrombie...
-
Market Not Motivating 02-04-2011
Friday, February 4, 2011 - 6:32pm | 794Cusick's Corner To say that this market is highly motivating at this stage would be a stretch. The data out this morning was encouraging on the surface, but when you cut through the twisted adjustments and the twisted statistical calculations, you are hard pressed to make a case for a big data-...
-
Stocks Tread Water at Kickoff After Jobs Report
Friday, February 4, 2011 - 11:47am | 116Wall Street entered the trading day mostly unchanged as traders largely shrugged off the January jobs report that showed the U.S. added far fewer jobs than the markets had been hoping for. Today's Markets As of 9:34 a.m. ET, the Dow Jones Industrial Average rose 0.53 points, or 0.01%, to 12062.79,...
-
Piper Jaffray Remains Overweight On Gap (GPS)
Friday, February 4, 2011 - 10:21am | 156Piper Jaffray remained Overweight on Gap (NYSE: GPS) in a research report published today. Piper Jaffray has previously given Gap a price target of $25. In the report, Piper Jaffray states, "We remain Overweight rated on shares of GPS after the company reported January comp sales that increased +1...
-
Citi Reiterates Foot Locker Buy (FL)
Friday, February 4, 2011 - 9:37am | 105Citi reiterated its Foot Locker (NYSE: FL) Buy rating in a research report published today. Citi has previously set Foot Locker's price target at $24. In the report, Citi states, "Risk/Reward also appears good on downside scenario ~$16 at 15x at a ~4.5% op margin & technical trough Nov 2010 of...
-
Piper Jaffray Raises Limited Brands Price Target To $36, Reiterates Overweight (LTD)
Friday, February 4, 2011 - 9:04am | 134Piper Jaffray raised its Limited Brands (NYSE: LTD) price target to $36 from $35 and reiterated Limited Brand's Overweight rating in a research report published today. In the report, Piper Jaffray states, "We are reiterating our Overweight rating on LTD shares and raising our price target following...
-
Piper Jaffray Remains Overweight on Abercrombie & Fitch (ANF)
Friday, February 4, 2011 - 8:50am | 132Piper Jaffray is out with its report today on Abercrombie & Fitch (NYSE: ANF), maintaining Overweight and a $69 PT. In its note to clients, Piper Jaffray writes, "We maintain our Overweight rating on shares of ANF after the company reported January comps that declined (-4%). While January came...
-
Piper Jaffray Raises PT On Limited Brands To $36
Friday, February 4, 2011 - 8:19am | 28Piper Jaffray has raised the price target on Limited Brands, Inc. (NYSE: LTD) from $35 to $36 and maintains its Overweight rating.