Showing posts with label Coldwater Creek. Show all posts
Showing posts with label Coldwater Creek. Show all posts

Tuesday, September 6, 2011

CVS (CVS) (ATVI) (INSU) (BKD) (CWTR) (CSTR) Ratings Reiterated

CVS Caremark (NYSE: CVS), Activision Blizzard Inc (NASDAQ: ATVI), Insituform Technologies, Inc. (NASDAQ: INSU), Brookdale Senior Living, Inc. (NYSE: BKD), Coldwater Creek Inc. (NASDAQ: CWTR) and Coinstar (NASDAQ: CSTR) had ratings on them reiterated by analysts.



Stifel Nicolaus reiterated its "Buy" rating on CVS Caremark (CVS).



Bank of America Merrill Lynch (NYSE:BAC) reiterated its "Neutral" rating on Activision Blizzard Inc. (ATVI).



Stifel Nicolaus reiterated its "Buy" rating on Insituform Technologies, Inc. (INSU).



Bank of America Merrill Lynch reiterated its "Buy" rating on Brookdale Senior Living, Inc. (BKD).



Citigroup (NYSE:C) reiterated its "Hold" rating on Coldwater Creek Inc. (CWTR).



Merriman Curhan Ford reiterated its "Buy" rating on Coinstar (CSTR).

Friday, September 2, 2011

Zipcar (ZIP) (BF-B) (COO) (CRM) (CWTR) (TZOO) Price Targets Changed

Zipcar (NYSE: ZIP), Brown-Forman (NYSE: BF-B), The Cooper Companies, Inc. (NYSE: COO), Salesforce.com (NYSE: CRM), Coldwater Creek Inc. (NASDAQ: CWTR) and Travelzoo Inc. (NASDAQ: TZOO) price targets adjusted by analysts.



Zipcar (NYSE: ZIP) had its price target lowered by Goldman Sachs (NYSE:GS) to $21.00.



Brown-Forman (BF-B) had its price target raised by JPMorgan Chase & Co. (NYSE:JPM) to $80.00.



The Cooper Companies, Inc. (COO) had its price target raised by Jefferies (NYSE:JEF) to $77.00.



Salesforce.com (CRM) had its price target lowered by Jefferies to $156.00.



Coldwater Creek Inc. (NASDAQ: CWTR) had its price target lowered by

Piper Jaffray (NYSE:PJC) to $1.50.



Travelzoo Inc. (TZOO) had its price target lowered by The Benchmark Company from $80.00 to $60.00. They have a “Buy” rating on the company.

Tuesday, July 12, 2011

Forest Oil (FST) (WR) (XCO) (NEWP) (CWTR) Price Targets Changed by Analysts

Price targets on Forest Oil Co. (NYSE: FST), Westar Energy, Inc. (NYSE: WR), EXCO Resources, Inc. (NYSE: XCO), Newport Co. (NASDAQ: NEWP) and Coldwater Creek Inc. (NASDAQ: CWTR) were adjusted by analysts.

Wunderlich cut their price target on Coldwater Creek Inc. (CWTR) to $34.00.

Barclays Capital cut their price target on Forest Oil Co. (FST) from $44.00 to $31.00. They have an “overweight” rating on the company.

Stifel Nicolaus raised their price target on Newport Co. (NEWP) from $25.00 to $27.00. They have a “buy” rating on the company.

Citigroup (NYSE:C) raised their price target on Westar Energy, Inc. (WR) to $29.00.

RBC Capital cut their price target on EXCO Resources, Inc. (XCO) from $21.00 to $16.00. They have a “sector perform” rating on the company.

Forest Oil closed Monday at $22.81, dropping $0.93, or 3.92 percent. Coldwater Creek ended the session at $1.34, falling $0.08, or 5.63 percent. Newport closed at $18.63, down $0.52, or 2.72 percent. Westar closed at $26.81, losing $0.26, or 0.96 percent. EXCO Resources closed at $15.20, declining $0.65, or 4.10 percent.

Wednesday, May 18, 2011

Price Targets on (CWTR) (CSA) (DELL) (DO) (ESV) Updated

Price Targets on Coldwater Creek Inc. (NASDAQ: CWTR), Cogdell Spencer Inc (NYSE: CSA), Dell Inc. (NASDAQ: DELL), Diamond Offshore Drilling, Inc. (NYSE: DO) and ENSCO PLC (NYSE: ESV) updated by analysts.

Janney Montgomery Scott cut their price target on Coldwater Creek Inc. (CWTR) from $3.00 to $2.00. They have a “neutral” rating on the company.

Citigroup (NYSE:C) raised their price target on Cogdell Spencer Inc (CSA) to $20.00.

RBC Capital raised their price target on Dell Inc. (DELL) from $17.00 to $20.00. They have a “sector perform” rating on the company.

Global Hunter Securities cut their price target on Diamond Offshore Drilling, Inc. (DO) to $71.00.

Global Hunter Securities raised their price target on ENSCO PLC (ESV) to $62.00.

Price Targets on (CSA) (ADI) (CWTR) (DELL) (DKS) Updated

Price Targets on Cogdell Spencer Inc (NYSE: CSA), Analog Devices, Inc. (NYSE: ADI), Coldwater Creek Inc. (NASDAQ: CWTR), Dell Inc. (NASDAQ: DELL) and Dick’s Sporting Goods (NYSE: DKS) updated by analysts.

JPMorgan Chase & Co. (NYSE:JPM) raised their price target on Cogdell Spencer Inc (CSA) to $17.50.

Sterne Agee raised their price target on Analog Devices, Inc. (ADI) to $50.00.

Piper Jaffray (NYSE:PJC) cut their price target on Coldwater Creek Inc. (CWTR) to $2.00.

Brean Murray raised their price target on Dell Inc. (DELL) from $17.00 to $19.00. They have a “buy” rating on the company.

Piper Jaffray raised their price target on Dick’s Sporting Goods (DKS) to $48.00.

Ratings on (BA) (CWTR) (DELL) (GCO) (HD) Reiterated

Ratings on The Boeing Company (NYSE: BA), Coldwater Creek Inc. (NASDAQ: CWTR), Dell Inc. (NASDAQ: DELL), Genesco Inc (NYSE: GCO) and Home Depot (NYSE: HD) reiterated by analysts.

Wedbush reiterated an “outperform” rating on The Boeing Company (BA). They have a price target of $91.00 on the company.

Jefferies (NYSE:JEF) reiterated a “buy” rating on Coldwater Creek Inc. (CWTR).

Bank of America (NYSE:BAC) reiterated a “buy” rating on Dell Inc. (DELL).

Sterne Agee reiterated a “buy” rating on Genesco Inc (GCO).

Wall Street Strategies reiterated a “buy” rating on Home Depot (HD). They have a price target of $44.00 on the company.

Tuesday, December 21, 2010

A&F (NYSE:ANF), American Eagle (NYSE:AEO), Ann Taylor (NYSE:ANN), Coldwater Creek (Nasdaq:CWTR) Ending Christmas with Discounts

A&F (NYSE:ANF), American Eagle (NYSE:AEO), Ann Taylor (NYSE:ANN) and Coldwater Creek (Nasdaq:CWTR) are all ending the Christmas sales season with numerous promotions.

It appears the overall season was a success from a sales point of view, but margins and earnings should be pressed hard when the numbers eventually come out.

FBR said, "According to the International Council of Shopping Centers, sales last week increased 1.7% over the prior week. ICSC also raised its holiday forecast by half a point on December 17 to 3.5%–4% from 3%–3.5%. According to comScore, holiday season retail e-commerce spending for the first 47 days of the November–December 2010 holiday season reached $27.46 billion, marking a 12% increase over last year. The most recent week, the week ending December 17, reached $5.15 billion in spending, an increase of 14% versus last year."

"A&F and Hollister increased promotions this weekend with 30% off the entire store, an increase over last year’s promotion. The merchandise selection and pricing are attracting customers inclined to shop at American Eagle Outfitters and AĆ©ropostale. We continue to believe promotional tactics will be more effective in driving comp in the month of December. Management plans to delay setting its spring transitional set until January week 1 versus December week 5 last year to focus on after Christmas clearance."

"American Eagle Outfitters offered the same buy one, get one as last week and 20% off the entire store. The company expanded the prior week’s bogo to 50% off all tops promotion. The prior week’s bogo promotion included just sweaters and hoodies. Item-specific discounting appeared more prevalent, as well."

Ann Taylor driving last-minute purchases. Ann Taylor increased its offering to 40% off full-price purchases, an increase over the prior week’s 30% off full-price purchases. LOFT has been offering blanket discounts of 30%–40% off for most of the holiday season. Last week, LOFT offered 40% off entire purchases. ANN’s customer, at both divisions, shops mostly for herself and is mostly driven by holiday party occasions. Thus, we believe the shopping patterns peak earlier in the month for ANN’s divisions."

"Coldwater Creek offered 25% off in-store purchases and a free watch. It appears that the company is attempting to clear out excess inventory by offering 40% off online purchases. The company offered 30% off purchases last year and a free gift. The promotions in stores are a little misleading, given that the company uses the direct business to clear its excesses."

American Eagle was trading at $14.85, up $0.09, or 0.58 percent, as of 11:47 AM EST. Abercrombie & Fitch was trading at $57.48, up $0.49, or 0.86 percent. Ann Taylor dropped to $27.42, down $0.61m, or 2.18 percent. Coldwater Creek fell to $2.90, losing $0.03, or 1.02 percent.

Wednesday, December 15, 2010

FBR Talks Abercrombie (NYSE:ANF), American Eagle (NYSE:AEO), Chico’s (NYSE:CHS), Coldwater Creek (Nasdaq:CWTR), Macy’s (NYSE:M), Kohl's (NYSE:KSS), JCPenney (NYSE:JCP), Nordstrom (NYSE:JWN)

FBR Capital gave its outlook on the Consumer/Specialty Retail sector for the Christmas season, highlighting a mixed bag of stores, including Abercrombie (NYSE:ANF), American Eagle (NYSE:AEO), Chico’s (NYSE:CHS), Coldwater Creek (Nasdaq:CWTR), Macy’s (NYSE:M), Kohl's (NYSE:KSS), JCPenney (NYSE:JCP) and Nordstrom (NYSE:JWN).

FBR said, "According to the International Council of Shopping Centers, sales last week accelerated 3.1% over last year. This is a 0.8% gain over the prior week. According to comScore, holiday season retail e-commerce spending for the first 40 days of the November–December 2010 holiday season reached $21.95 billion, marking a 12% increase over last year. The most recent week, the week ending December 10, reached $5.15 billion in spending, an increase of 11% versus last year."

"We saw a modest pickup in discounting this weekend. Traffic in the malls that we visited was okay, not tremendous. We continue to expect a bookended holiday season, with strength at the beginning and the end...There appears to be a very big difference between the high end and low end in terms of traffic and bags. The low end is remaining austere this year. The high end is shopping and buying more for themselves while buying gifts...Teen stocks - Abercrombie and American Eagle discounts were pretty consistent with last weekend....Women’s: Chico’s and Coldwater Creek were under pressure after the Talbot’s news last week...Macy’s looks phenomenal still...Traffic continues to be strong at Kohl's; seems to be decent at JCPenney, too...Nordstrom business appears to have picked up."

Abercrombie closed Tuesday at $55.14, up $0.45, or 0.82 percent. American Eagle closed at $15.12, down $0.25, or 1.63 percent. Chico’s ended at $11.85, down $0.02, or 0.19 percent. Coldwater Creek closed at $2.74, down $0.02, or 0.72 percent. Macy's was at $25.18, up $0.23, or 0.92 percent. Kohl's ended the day at $53.58, up $0.18, or 0.34 percent. JCPenney closed at $32.47, down $0.36, or 1.10 percent. Nordstrom closed at $41.77, up $0.11, or 0.25 percent.

Friday, December 10, 2010

Netflix (NASDAQ:NFLX) Replaces Office Depot (NYSE:OD) on S&P 500

Several changes were made to the S&P 500 Thursday, with one of the more notable ones being the addition of Netflix (NASDAQ:NFLX), which will be replacing Office Depot (NYSE:OD) on the index.

Other changes made include the addition of Cablevision Systems Corp. (NYSE:CVC), which is replacing King Pharmaceuticals Inc. (NYSE:KG) because of being acquired by Pfizer (NYSE:PFE).

Also being dropped from the S&P is Eastman Kodak (NYSE:EK) and the New York Times (NYSE:NYT), who will be replaced by Newfield Exploration (NYSE:NFX) and F5 Networks (NASDAQ:FFIV).

Stocks removed from the S&P 500 will be lowered to the mid-cap 400 index.

Also noted in the S&P report was changes to the SmallCap 600, where Coldwater Creek Inc. (NASD:CWTR), Corinthian Colleges Inc. (NASD:COCO) and Wilmington Trust Corp. (NYSE:WL) will be replaced by East West Bancorp Inc. (NASD: EWBC), SM Energy Co. (NYSE:SM) and Concur Technologies Inc.

Those removed from the SmallCap 600 will be placed in the S&P MidCap 400.

Monday, December 6, 2010

Coldwater Creek (NASDAQ:CWTR): Nowhere to go but Up?

After reporting third quarter results last Thursday, Coldwater Creek (NASDAQ:CWTR) revealed losses weren't as bad as they were expected to be, with losses coming in at $10.9 million, or $0.12 a share. In 2009 in the same quarter, losses were $34 million, or $0.37 a share.

With little in the way of expectations going forward, FBR Capital sees any good news as helpful, and maintains their "Outperform" rating on them.

FBR said, "We have been underwater, as it were, in this recommendation since the company’s October preannouncement. The reason we stayed after the bad news was that it seemed to be all priced in. We hoped that things would get better with the rest of the industry in November. It seems that has not happened and the merchandise turn is likely a ways off. However, we believe management change will drive improved performance. We also think earnings are at trough. The bottom line is simply that if they just break even next year, the stock is cheap on EBITDA in our view. With the reduction in capex for next year, free cash flow generation will likely be significant. And now no one is expecting anything good, so any improvement whatsoever will likely be rewarded.

"Based on company’s guidance, we are revising our 4Q10 EPS to ($0.27) from ($0.06). We are also revising our CY11 EPS estimate to $(0.00) from $0.15."

Coldwater closed Friday at $3.26, dropping $0.18, or 5.23 percent. FBR has a price target of $6 on the specialty retailer.