Pinterest (NYSE:PINS) stock still looks very undervalued even though it has fallen 29.5% from a recent high close of $80.29 on July 6. This is based on the company’s recent earnings and the fact that it produced significant free cash flow (FCF). At a closing price of $56.59 on Sept. 3, PI
BTIG Research downgraded shares of NIKE (NYSE:NKE) from a buy rating to a neutral rating in a report published on Monday morning, Analyst Price Targets reports.
Other equities analysts also recently issued research reports about the stock. Piper Sandler boosted their target price on shares of NIKE from $170.00 to $174.00 and gave the stock an overweight rating in a report on Friday, June 25th. Morgan Stanley upped their price target on shares of NIKE from $214.00 to $221.00 and gave the company an overweight rating in a research note on Tuesday, September 7th. Royal Bank of Canada upped....More>>>
US Bancorp DE cut its position in shares of Nike (NYSE:NKE) by 2.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,481,566 shares of the footwear maker’s stock after selling 38,229 shares during the quarter. US Bancorp DE owned 0.09% of Nike worth $98,435,000 at the end of the most recent quarter.
A number of other hedge funds have also recently added to or reduced their stakes in NKE. Koch Industries Inc. acquired a new stake in Nike during the fourth quarter....More>>>
Lululemon Athletica inc. (NASDAQ:LULU) is back in shape. It had a rough couple of years, including product recalls and its infamous see-through pants problem. However, management has righted the ship. LULU stock is back near all-time highs, quarterly earnings results are solid, and the company is targeting big expansion plans overseas.
Is this finally the moment for Lululemon stock to start working out for shareholders again? Or will the company’s lingering issues send it tumbling? Here are the pros and cons for LULU stock heading into 2018.
Since mid-October, Lululemon Athletica inc. (NASDAQ:LULU) has pulled off an impressive rally. A key has been a standout earnings report, which saw a beat on the top and bottom lines. Yet it is still important to note that the year has still been fairly choppy, with the overall return for LULU stock at about 21%.
So what’s next? What should investors do with LULU stock? Well, I think the best approach is to be cautious. While the company has been able to get some of its momentum back, there are still some nagging issues.
Let’s first look at some of the pros on LULU stock.....More>>>
Amazon (AMZN) - Get Amazon.com, Inc. Report is reportedly prepping to launch its own TV. Given Amazon’s position in the streaming world — through its Prime Video service and Fire TV products — it has an obvious negative implication for Roku (ROKU) - Ge