Deutsche Bank Starts Lululemon Athletica Inc. (LULU) at Hold
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Deutsche Bank Starts Michael Kors (KORS) at Buy; Strong Growth, Compelling Valuation
June 25, 2013 11:10 AM EDTDeutsche Bank initiated coverage on Michael Kors (NYSE: KORS) with a Buy rating and $70 price target Tuesday, saying it has one of the best growth trajectories in the sector.
Analyst Dave Weiner sees four key drivers for the stock: (1) huge global accessories share gains, (2) an impressive NA retail store runway, (3) continued F14 productivity lift via shop-in-shop conversions, and (4) tight promotions.
"While further insider sales &... More
Deutsche Bank Starts VF Corp. (VFC) at Buy; Look for Multiple Expansion
June 25, 2013 11:03 AM EDTDeutsche Bank initiates coverage on VF Corp. (NYSE: VFC) with a Buy rating and $215 price target Tuesday, arguing for a higher multiple.
Analyst Dave Weiner comments, "We're buyers of VFC, as in our opinion, no other company under coverage is benefitting from so many... More
Deutsche Bank Starts Under Armour, Inc. (UA) at Hold; Fully Valued
June 25, 2013 10:55 AM EDTDeutsche Bank initiated coverage on Under Armour, Inc. (NYSE: UA) with a Hold rating and $60 price target Tuesday saying while a great growth story, shares are now fully valued.
Analyst Dave Weiner comments, "Our Hold rating is based on a balance... More
Deutsche Bank Starts Nike (NKE) at Buy; Firing on Many Cylinders
June 25, 2013 10:53 AM EDTDeutsche Bank initiates coverage on Nike (NYSE: NKE) with a Buy rating and $68 price target Tuesday.
Analyst Dave Weiner comments, " We like NKE stock into FY14 (May '14), as the brand's top-line momentum should translate in to accelerating EPS growth. The reality... More
