Latest news with #JohnKernan
Business Insider
4 hours ago
- Business
- Business Insider
PVH (PVH) Gets a Buy from TD Cowen
TD Cowen analyst John Kernan reiterated a Buy rating on PVH (PVH – Research Report) yesterday and set a price target of $98.00. The company's shares closed yesterday at $66.30. Confident Investing Starts Here: Kernan covers the Consumer Cyclical sector, focusing on stocks such as Dick's Sporting Goods, Ralph Lauren, and Burlington Stores. According to TipRanks, Kernan has an average return of 10.5% and a 55.75% success rate on recommended stocks. In addition to TD Cowen, PVH also received a Buy from Needham's Tom Nikic in a report issued yesterday. However, on the same day, Wells Fargo maintained a Hold rating on PVH (NYSE: PVH).
Business Insider
4 days ago
- Business
- Business Insider
TD Cowen Keeps Their Buy Rating on Lululemon Athletica (LULU)
In a report released today, John Kernan from TD Cowen maintained a Buy rating on Lululemon Athletica (LULU – Research Report), with a price target of $373.00. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Kernan is a 5-star analyst with an average return of 10.3% and a 54.47% success rate. Kernan covers the Consumer Cyclical sector, focusing on stocks such as Dick's Sporting Goods, Ralph Lauren, and Burlington Stores. In addition to TD Cowen, Lululemon Athletica also received a Buy from Stifel Nicolaus's Jim Duffy in a report issued on May 30. However, on May 29, Citi maintained a Hold rating on Lululemon Athletica (NASDAQ: LULU). Based on Lululemon Athletica's latest earnings release for the quarter ending February 2, the company reported a quarterly revenue of $3.61 billion and a net profit of $748.4 million. In comparison, last year the company earned a revenue of $3.21 billion and had a net profit of $669.47 million
Business Insider
4 days ago
- Business
- Business Insider
TD Cowen Remains a Buy on PVH (PVH)
TD Cowen analyst John Kernan maintained a Buy rating on PVH (PVH – Research Report) today and set a price target of $113.00. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Kernan is a 5-star analyst with an average return of 10.3% and a 54.47% success rate. Kernan covers the Consumer Cyclical sector, focusing on stocks such as Dick's Sporting Goods, Ralph Lauren, and Burlington Stores. In addition to TD Cowen, PVH also received a Buy from Needham's Tom Nikic in a report issued on May 30. However, on the same day, Citi maintained a Hold rating on PVH (NYSE: PVH). Based on PVH's latest earnings release for the quarter ending February 2, the company reported a quarterly revenue of $2.37 billion and a net profit of $157.2 million. In comparison, last year the company earned a revenue of $2.49 billion and had a net profit of $271.8 million
Yahoo
22-05-2025
- Business
- Yahoo
TD Cowen Maintains Buy Rating on Deckers Outdoor (DECK), Lifts PT
On May 20, analyst John Kernan from TD Cowen maintained a Buy rating on Deckers Outdoor Corporation (NYSE:DECK) and lifted the price target from $150 to $175. The analyst supported the rating with the company's strong performance and growth prospects. Kernan considers the HOKA brand a key growth driver, reporting notable pricing power and top-line growth with an increase in the average pricing of top-selling SKUs. A customer trying on a new pair of shoes with a smile, thrilled with the fit and comfort. Strong e-commerce traffic and successful product launches, such as the Bondi and Clifton lines, further support the analyst's Buy rating by contributing to sustained sales growth and digital engagement. Deckers Outdoor Corporation (NYSE:DECK) has a history of expanding market capitalization and surpassing sales growth guidance since 2020, supported by its management's effective operational control. While the analyst acknowledged some challenges, such as the impact of tariffs on gross margins, the overall outlook for the company remains positive, supported by its high return on invested capital (ROIC) and strong free cash flow. As per the analyst, the planned share buybacks further make Deckers Outdoor Corporation (NYSE:DECK) a compelling investment, supporting the optimistic outlook. While we acknowledge the potential of DECK as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DECK and that has 100x upside potential, check out our report about the . READ NEXT: and . Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-05-2025
- Business
- Yahoo
TD Cowen Reiterates Buy on TJX, Lifts Price Target on Easing Tariffs
TD Cowen maintained its Buy rating on The TJX Companies Inc. (NYSE:TJX) on Tuesday while raising the price target from $140 to $142. The firm's analyst John Kernan believes that the reduction in China tariff rates was a relief given the size of TJX's vendor exposure to China. A busy retail store floor with customers trying on apparel and browsing the products. John Kernan also anticipates a strong off-price buying environment in H2 2025, combined with the effective merchandising strategies at MarMaxx, which suggests potential for increased same-store sales. He believes that TJX's ability to offer significant value to consumers, a diverse product range, and robust US gross margins positions the company well in economic uncertainties. Furthermore, Kernan noted management's increased confidence in inventory availability and potential for improved buying conditions after Liberation Day. The TJX Companies Inc. (NYSE:TJX) is a global off-price apparel and home fashions retailer. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. It sells its products through stores and e-commerce sites. While we acknowledge the potential of TJX to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TJX and that has 100x upside potential, check out our report about the cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
