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Stock Market & Financial Investment News

News Breaks
July 31, 2014
10:03 EDTXNET, FCUUF, KORS, ENPH, LULU, FOXFOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Enphase Energy (ENPH) initiated with an Outperform at Imperial Capital... Fission Uranium (FCUUF) initiated with a Buy at H.C. Wainwright... Fox Factory (FOXF) initiated with a Buy at BofA/Merrill... Michael Kors (KORS) initiated with a Buy at BofA/Merrill... Xunlei (XNET) initiated with an Overweight at JPMorgan... lululemon (LULU) initiated with a Positive at Susquehanna.
News For ENPH;FCUUF;FOXF;KORS;XNET;LULU From The Last 14 Days
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April 16, 2015
11:04 EDTENPHEnphase Energy initiated with an Outperform at Avondale
Target $18.
09:55 EDTKORSMichael Kors view changed to Mixed from Positive at OTR Global (pre-open)
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05:55 EDTKORSCoach upgraded to Overweight from Equal Weight at Barclays
Barclays analyst Joan Payson upgraded Coach to Overweight citing greater confidence in the designer's ability to grow domestic store comps with its turnaround "well underway." She expects Coach's competitive pressures to ease and raised her price target for shares to $50 from $38. The maker of handbags closed yesterday down 28c to $41.76. Payson also lowered her price target for shares of Michael Kors (KORS) to $60 from $70 and keeps an Equal Weight rating on the name. She believes Kors may soon be in need of transformation. The analyst keeps an Equal Weight rating on Tiffany (TIF), calling the company a "work in progress."
April 15, 2015
10:00 EDTENPHOn The Fly: Analyst Initiation Summary
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06:21 EDTENPHEnphase Energy initiated with an Overweight at JPMorgan
JPMorgan started shares of Enphase Energy with an Overweight rating saying the company offers pure-play exposure to the "rapid growth" in residential rooftop solar through 2016. The firm put a $16 price target on the shares.
April 8, 2015
10:01 EDTLULUOn The Fly: Analyst Upgrade Summary
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09:27 EDTLULUlululemon rises moderately after upgrade, levels to watch
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09:20 EDTLULUOn The Fly: Pre-market Movers
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09:06 EDTLULUlululemon CFO, products leave favorable impression, says BB&T
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07:44 EDTLULUlululemon upgraded at Sterne Agee
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06:29 EDTLULUlululemon upgraded to Buy from Neutral at Sterne Agee
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April 7, 2015
14:27 EDTLULUlululemon CFO impressive in meeting, says KeyBanc
KeyBanc said it was impressed by new lululemon CFO Stuart Haselden in a recent meeting and the firm believes his operational and financial experience should help the company keep improving its operations. The firm repeated that it views lululemon as one of the best product turnaround opportunities within its coverage and it maintains an Overweight rating on the stock.

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