Cowen Sees New Cycle for Retail M&A in 2016

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Checks Show Rate of Decline is Slowing; Piper Jaffray Reiterates Overweight on Hain Celestial (HAIN)

December 14, 2015 7:16 AM EST

Piper Jaffray reiterated an Overweight rating and $56.00 price target on Hain Celestial (NASDAQ: HAIN). It's been a challenging year for Hain Celestial with the U.S. business experiencing sales declines driven by weaker grocery sales. This is consistent with store checks, which revealed a 8% decline in HAIN items at local Walmart locations since Piper Jaffray's... More

UBS Reiterated Bullish Views on Restoration Hardware (RH) Following 3Q Results

December 11, 2015 9:42 AM EST

UBS reiterated a Buy rating on Restoration Hardware (NYSE: RH), and cut the price target to $115.00 (from $125.00), following the company's 3Q earnings report. RH reported adjusted EPS of $0.65 vs. consensus of $0.63. A compelling aspect of what RH is building is the pliability of its margins. This was on display... More

Cowen Trims PT on Restoration Hardware (RH) Following Q3 Results But Says Weakness Overdone

December 11, 2015 7:49 AM EST

Cowen maintained an Outperform rating on Restoration Hardware (NYSE: RH), and cut the price target to $105.00 (from $112.00), following the company's 3Q earnings report. The +3c EPS beat was driven solely by lower SG&A. Despite the concerns, Cowen is still encouraged that 4Q... More

Restoration Hardware (RH) Bullish View Reiterated at BB&T Capital Following ‘Beat and Raise’

December 11, 2015 7:28 AM EST

BB&T Capital reiterated a Buy rating and $120.00 price target on Restoration Hardware (NYSE: RH) following the company's 3Q earnings report. Net revenues increased 9.8% to $532M, with comparable brand revenues up 7%. Management noted the sequential revenue growth deceleration was expected... More

Restoration Hardware (RH) Price Target Lowered to $91 at Piper Jaffray Following Q3 Results

December 11, 2015 7:02 AM EST

Piper Jaffray cut the price target on Neutral Restoration Hardware (NYSE: RH), and cut the price target to $91.00 (from $109.00), following the company's 3Q earnings report. Adjusted EPS of $0.65 compares to consensus of $0.63. Comparable brand revenues were up 7% vs. the Streets estimate of 10%.... More

Lululemon (LULU) PT Cut to $45 at Canaccord Geunity, Sees Red Flags

December 10, 2015 8:41 AM EST

Canaccord Genuity maintained a Hold rating on Lululemon Athletica Inc. (NASDAQ: LULU), and cut the price target to $45.00 (from $52.00), following the company's 3Q earnings report. LULU's adjusted EPS of 35c missed consensus 37c estimate mainly due to elevated expense growth partly offset by lower tax rate. Traffic declined in the last few weeks of October and continued that trend until Thanksgiving. To Canaccord, this indicates that the consumer is responding when LULU ramps up promotions. Canaccord remains cautious on the stock... More