Wall Street again marks new highs in post-election run

Go back to Wall Street again marks new highs in post-election run

MKM Partners Reiterates Buy on lululemon athletica (LULU) Following 3Q

December 8, 2016 10:46 AM EST

MKM Partners reiterated a Buy rating and $90.00 price target on Lululemon Athletica Inc. (NASDAQ: LULU) following the company's 3Q earnings report. LULU's 7% comp (vs. the Street's 5%) included a 4% store comp, which reflects a 2pt acceleration on a 3 year basis vs. 2Q, and a 16% gain in DTC.... More

UBS Remains Bullish on Costco Wholesale (COST) Following 1Q EPS Miss

December 8, 2016 9:34 AM EST

UBS reiterated a Buy rating and $175.00 price target on Costco Wholesale (NASDAQ: COST) following the company's 1Q earnings report. COST reported an EPS shortfall of $1.17, compared to the consensus estimate of $1.19.

Analyst Michael Lasser commented, "We think COSTs F1Q provided healthy evidence to refute the downside hypothesis. If COST were... More

Cowen Reiterates Outperform on Costco Wholesale (COST)

December 8, 2016 9:23 AM EST

Cowen reiterated an Outperform rating and $170.00 price target on Costco Wholesale (NASDAQ: COST) following the company's 1Q earnings report. 1Q comps overall came in at +1% and flat on a 2-year stacked basis, improving by +100bps on a 2-year stacked basis.

Analyst Oliver Chen... More

Lululemon Athletica (LULU) PT Raised to $75 at Oppenheimer

December 8, 2016 9:06 AM EST

Oppenheimer analyst Anna Andreeva reiterated an Outperform rating and lifted her price target on Lululemon Athletica Inc. (NASDAQ: LULU) to $75.00 (from $70.00) following solid results.

Andreeva commented, "LULU was un-loved coming into the print (down 22% off in-line quarter back in September, SPX up 3%,... More

BMO Capital Reiterates Outperform on Costco Wholesale (COST) Following 1Q Report

December 8, 2016 8:00 AM EST

BMO Capital reiterated an Outperform rating and $180.00 price target on Costco Wholesale (NASDAQ: COST) following the company's 1Q earnings report. Costco reported adjusted EPS of $1.17. BMO raised our 2017 EPS estimates to $5.98 (from $5.90).

Analyst Kelly Bania commented, "Costco reported adjusted F1Q17 EPS of... More