Sports retail stocks jump after upbeat earnings

Hibbett Sports (HIBB) PT Raised to $15 at Stephens; Remains Sidelined

Stephens raised its price target on Hibbett Sports (NASDAQ: HIBB) to $15.00 (from $10.00) while maintaining a Equal Weight rating following the company's 3Q release. HIBB's 3Q EPS of $0.37 topped consensus of $0.21. EPS was $0.66 last year. 3Q SSS decreased (1.3%) vs. consensus of (8.2%).

Full year guidance... More

Foot Locker (FL) PT Raised to $50 at Susquehanna Following 3Q

Susquehanna raised its price target on Foot Locker (NYSE: FL) to $50.00 (from $37.00) while maintaining a Positive rating following the company's 3Q earnings report. FL reported EPS/SSS of $0.87/-3.7% vs. consensus of $0.80/-4.6%. Gross margin declined more than expected as FL continues to right-size... More

Hibbett Sports (HIBB) PT Raised to $15 at Stephens Following 3Q

Stephens raised its price target on Hibbett Sports (NASDAQ: HIBB) to $15.00 (from $10.00) while maintaining a Equal Weight rating following the company's 3Q. HIBB's 3Q EPS of $0.37 topped consensus of $0.21. EPS was $0.66 last year. Full year guidance was raised $0.16 at the midpoint to $1.42 to $1.50 vs. consensus... More

Hibbett Sports (HIBB) PT Raised to $21 at Susquehanna on 3Q Report; 'SSS Significantly Improved'

Susquehanna raised its price target on Hibbett Sports (NASDAQ: HIBB) to $21.00 (from $17.00) while maintaining a Positive rating, following the company' third quarter earnings report.

Analyst Sam Poser notes a positive outlook on the shares, as the company's reported third quarter earnings per share and... More

Foot Locker (FL) PT Raised to $42 at JPMorgan Following 3Q Release

JPMorgan raised its price target on Foot Locker (NYSE: FL) to $42.00 (from $30.00) while maintaining a Neutral rating following the company's 3Q earnings report. FL reported 3Q EPS of $0.87 (8 cents > Street), representing a 23% YOY decline.

Management controlled the P/L via Plan B,... More

Foot Locker (FL) PT Raised to $47 at Citi; Reiterates Buy

Citi raised its price target on Foot Locker (NYSE: FL) to $47.00 (from $40.00) while maintaining a Buy rating following the company's 3Q earnings report. FL reported Q3 adjusted EPS of $0.87 vs. the consensus of $0.80. Revenues declined 0.8% y/y to $1.87B on a -3.7% comp (vs.... More

Foot Locker (FL) PT Raised to $42 at Canaccord Genuity Following 3Q Beat

Canaccord Genuity raised its price target on Foot Locker (NYSE: FL) to $42.00 (from $36.00) while maintaining a Hold rating following the company's 3Q. The company's 87c in EPS handily beat the consensus estimate of 80c. Inventory appears to be improving as it was -3.4% vs.... More

Amazon.com (AMZN) PT Raised to $1,360 at Nomura/Instinet; 'Mix Shift Allows Gross Margin Funded Moat'

Nomura/Instinet raised its price target on Amazon.com (NASDAQ: AMZN) to $1,360.00 (from $1,100.00) while maintaining a Buy rating, following update review of the company's outlook.

Analyst Simeon Siegel notes a positive outlook on the shares, following an updated review of the company's... More

Deutsche Bank Upgrades Foot Locker (FL) to Buy; Plenty More Upside

Deutsche Bank upgraded Foot Locker (NYSE: FL) from Hold to Buy with a price target of $45.00 (from $38.00).

Analyst Paul Trussell said even with this morning's upside they believe the stock can sustain momentum as (1) footwear trends are improving, (2) SG&A & inventory have been... More

Shoe Carnival (SCVL) PT Raised to $27 at Wedbush Following 3Q Beat and Raise

Wedbush raised its price target on Shoe Carnival (NASDAQ: SCVL) to $27.00 (from $25.00) while maintaining a Outperform rating following the company's 3Q earnings report. SCVL reported 3Q EPS of $0.66 and a +4.4% comp while upping the outlook on the year. The comp beat (consensus was +2.3%) was... More