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☆ Citi calls these smaller stocks buys that are expected to rally from here
▼ + stars: | 2024-10-29 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Citi forecasts an expected total return of 33% for the name. Earlier this month, JPMorgan raised its price target on the name to $195, which corresponds to a potential upside of 41% from Monday's close. Citi also highlighted Ally Financial as a stock to buy, and the firm sees an expected total return of 48% for the name. Shane's $40 price target is nearly 14% higher than where shares of Ally closed on Monday. Wlodarczak's $170 price target implies a potential upside of 46% for the stock.

Persons: Russell, Scott Chronert, Said, Matthew Boss, Hollister, Richard Shane, Shane's, Jeffrey Wlodarczak Organizations: Citi, megacap, Federal Reserve, Citi U.S, Abercrombie, Fitch, JPMorgan, Entertainment, Research Locations: Monday's

☆ These dividend stocks have a track record of solid fourth-quarter performance, Bespoke says
▼ + stars: | 2024-10-04 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +3 min

October is off to a rocky start, but a strong period of seasonality is only just beginning – particularly for select dividend-paying stocks, Bespoke Investment Group found. Dividend-paying stocks have been especially strong when it comes to fourth-quarter returns over the past 10 years, Bespoke found. In addition to having seasonality in their favor, dividend stocks are also expected to benefit from the Federal Reserve's interest rate cutting cycle. Tapestry also has a dividend yield of 3%. The stock has a total return of more than 21% in 2024, as well as a dividend yield of nearly 5%.

Persons: Matthew Boss, Tabby, Boss, Coach's, it's, Piper Sandler, Scott Siefers, Siefers, Wells, Michael Brown, Brown, Lamb Weston Organizations: Investment, New, JPMorgan, BlackRock, JPMorgan Chase, Bank of America Locations: Brooklyn, BlackRock, Wells Fargo

☆ Stocks making the biggest moves midday: Rivian, Abercrombie & Fitch, CVS, Spirit Airlines and more
▼ + stars: | 2024-10-04 | by ( Pia Singh | In | ) www.cnbc.com time to read: +2 min

Abercrombie & Fitch - Shares of the teen apparel retailer jumped nearly 8% after JPMorgan added it to its positive catalyst watch list. JetBlue shares jumped more than 15% on the news. Summit Therapeutics – The biopharmaceutical company added 2%. Other international shipping stocks saw losses as well, including Danish shipping giant Maersk at 5% . CVS Health — The company's shares added 3.3%.

Persons: Abercrombie &, Matthew Boss, Hollister, Tencent, — CNBC's Sean Conlon, Hakyung Kim, Christina Cheddar, Berk, Lisa Kailai Han Organizations: Abercrombie, Abercrombie & Fitch, JPMorgan, Spirit Airlines, JetBlue Airways —, Wall Street, JetBlue, Vistra, Nvidia, Therapeutics, Drug Administration, Ubisoft Entertainment, Bloomberg News, Ubisoft, SilverCrest Metals, Mining, Zim Integrated Shipping Services —, U.S, dockworkers, United States Maritime Alliance, Maersk, CVS Health, CNBC, CVS

It also raised its price target to $210 from $187, suggesting shares could rise more than 17% from Tuesday's close. He maintained his $2,400 price target, which implies 16.2% upside potential from Tuesday's close. Bank of America's Lorraine Hutchinson reiterated her buy rating while trimming her price target to $100 from $104. Deutsche Bank analyst Krisztina Katai also maintained her buy rating and inched down her price target by $3 to $92. He also lowered his price target on shares to $40 from $42, implying upside of just 5.2% over the next 12 months.

Persons: Baird, Davidson, Raymond James, Pavel Molchanov, Molchanov, — Hakyung Kim, FANG, Betty Jiang, Jiang, Diamondback, John Pancari, Pancari, Marcelo Santos, Santos, LatAm, Santo, Elliott Hill, Bank of America's Lorraine Hutchinson, Hutchinson, Krisztina Katai, Katai, Matthew Boss, Boss, Baird downgrades Harley, Craig Kennison, Harley, Kennison, Fred Imbert Organizations: CNBC, GE, General Electric, Barclays, Diamondback, Diamondback Energy, Endeavor, Endeavor Energy Resources, Management, T, T Bank, Federal Reserve, ISI, EA, JPMorgan downgrades, JPMorgan, MercadoLibre, Nike, Bank of, Deutsche Bank, Harley Locations: Tuesday's, Bank of America's, Hill

☆ Nike's CEO change is encouraging, but the recovery may take longer than anticipated, says JPM's Boss
▼ + stars: | 2024-09-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNike's CEO change is encouraging, but the recovery may take longer than anticipated, says JPM's BossMatthew Boss, JPMorgan retail analyst, joins 'Squawk on the Street' to discuss why Boss opened a negative catalyst watch on Nike following its change at CEO, how long it'll take for the company turnaround to happen, and much more.

Persons: JPM's, Matthew Boss, Boss Organizations: JPMorgan, Nike

7:03 a.m.: Bernstein cuts price target on Nike amid innovation critiques Bernstein sees slightly less room for Nike to rebound. — Alex Harring 6:25 a.m.: Jefferies recommends buying NextEra Energy Partners despite buyout concern Jefferies came out of the gates optimistic on NextEra Energy Partners . Analyst Julien Dumoulin-Smith initiated coverage of the Florida-based renewable energy stock at a buy rating. — Alex Harring 5:54 a.m.: AI helps HubSpot compete, BofA says Bank of America is keeping an eye of HubSpot's artificial intelligence work. — Alex Harring 5:46 a.m.: JPMorgan says to sell Five Below JPMorgan turned bearish on Five Below , citing challenges that are hard to surmount for the value-focused retailer during a tough year.

Persons: Piper Sandler, Bernstein, Aneesha Sherman, Sherman, Alex Harring, BTIG, it's, Jake Fuller, Fuller, DoorDash, — Alex Harring, Jefferies, Julien Dumoulin, Smith, Hertz, Dan Levy, Levy, Avis, HubSpot, BofA, BofA's Brad Sills, Sills, monetization, Matthew Boss, Boss, Abbott, Adam Maeder, necrotizing, ABT, Maeder, Fred Imbert Organizations: CNBC, Laboratories, JPMorgan, Nike, Dow Jones, Jefferies, NextEra Energy Partners, Barclays, Hertz, Bank of America, LSEG, Abbott Laboratories Locations: Wednesday's, Florida, Thursday's premarket

☆ Lululemon pulls new leggings line after complaints about ‘whale tail’
▼ + stars: | 2024-07-30 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +2 min

But after its new leggings became the butt of endless jokes, the company will have to leave them behind. I’m not sure what’s going on over there, but that’s not very cute.” The customer said she is returning the leggings. “I also am not a huge fan of the butt seam. In a statement to CNN, a Lululemon spokesperson said it takes customer feedback seriously and will incorporate it into future designs. Earlier this year, Lululemon said it missed out on some sales because it did not stock as many different colors of leggings as customers wanted.

Persons: New York CNN —, Lululemon, Reddit, “, TikTok, ”, JP Morgan, Matthew Boss, Boss, Alo, Vuori Organizations: New, New York CNN, CNN Locations: New York

Apple got a price target increase from Wells Fargo. As catalysts, Boss cited broad-based demand for Abercrombie, growth upside for Hollister and a ramp-up in Abercrombie's international brand momentum. Analyst James Faucette also lifted his price target to $175 from $154. Fidelity National Information Services stock closed at $75.25 on Friday afternoon, slightly below analyst James Faucette's $79 price target. — Lisa Kailai Han 5:51 a.m.: Wells Fargo raises Apple price target Wells Fargo is getting more bullish on Apple ahead of earnings.

Persons: Apple, Guggenheim, Fitch, Matthew Boss, Abercrombie, Boss, — Lisa Kailai Han, Morgan Stanley, James Faucette, Clover, Faucette, Raymond James, Estee Lauder, Olivia Tong, Tong, James Faucette's, Piper Sandler, Harsh Kumar, Kumar, NVDA, CrowdStrike, John DiFucci, DiFucci, Wells, Aaron Rakers, Fred Imbert Organizations: CNBC, Tech, Apple, JPMorgan, Abercrombie, Abercrombie & Fitch, Fitch, Fidelity National Information Services, Blackwell, Nvidia, Guggenheim, Apple Intelligence Locations: Wells Fargo, CrowdStrike, Hollister, Fiserv, U.S, China, CSPs

☆ Here are JPMorgan’s top stock picks heading into July
▼ + stars: | 2024-07-01 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

"Unwarranted discount versus peers given improved fundamentals and EBITDA/ FCF growth," JPMorgan wrote. JPMorgan's $2,400 price target implies the stock could rally nearly 43%. Bank of America also hiked its price target to $2,150 from $2,000, calling the stock one of its top picks . However, Analyst Matthew Boss' $157 price target means that the stock could climb 48% from here. Other stocks that made JPMorgan's list include industrials manufacturer Danaher , energy company Entergy and chemicals firm DuPont De Nemours .

Persons: BancShares, Harlan, Jefferies, JPMorgan's, Vivek Arya, PVH, Calvin Klein, Tommy Hilfiger —, Matthew Boss, Jay Sole, De Organizations: JPMorgan, Telecommunications, AT, Federal Reserve, Citizens, Broadcom, Bank of America, UBS, De Nemours Locations: Friday's

☆ The US economy is in a 'selective recession' as lower-income consumers struggle and high-income households see huge wealth creation, JPMorgan strategist says
▼ + stars: | 2024-06-28 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +1 min

The economy is already in a "selective recession," according to JPMorgan's Matthew Boss. The top 10% of American earners have gained more than $30 trillion in wealth since 2020, Fed data shows. AdvertisementThe US economy is being split by a "selective recession," as some consumers see "huge" wealth creation while others struggle to get by, according to JPMorgan analyst Matthew Boss. The equity analyst pointed to the divide between low-income and high-income consumers. High-income consumers are thriving, evidenced by the $40 trillion worth of spending they're driving into the economy, which is around half of all consumer spending in the US, Boss estimated.

Persons: JPMorgan's Matthew Boss, —, Matthew Boss Organizations: Service

☆ JPMorgan analyst explains why he believes we're in a 'selective recession'
▼ + stars: | 2024-06-27 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJPMorgan analyst explains why he believes we're in a 'selective recession'Matthew Boss, JPMorgan equity research analyst, joins 'The Exchange' to discuss the challenges facing discount retail companies, where to find opportunities, and more.

Persons: we're, Matthew Boss

☆ High interest rates could pressure companies to cut dividends. These names may be at risk, Wolfe Research says
▼ + stars: | 2024-06-13 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +3 min

Dividend-paying companies might feel compelled to cut their dividends if they're grappling with a lot of debt, as higher rates raise the cost of leverage for companies. He added dividend cuts can also serve as a "clearing event" for a stock, ironically spurring a period of outperformance. See below for a few of the potential contenders for dividend cuts. The stock is down more than 15% in 2024, and it offers a dividend yield of nearly 5%. Shares are up about 17% in 2024, and the stock has a dividend yield of 3.5%.

Persons: Jerome Powell, Chris Senyek, Wolfe, Matthew Boss, Vail, Goldman Sachs, Christine Cho, Nordstrom Organizations: Wolfe Research, Federal, Vail Resorts, JPMorgan, Vail, Nordstrom, Whirlpool, Owl Locations: Wednesday's

☆ We're in a selective recession, says JPMorgan's Matthew Boss
▼ + stars: | 2024-05-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're in a selective recession, says JPMorgan's Matthew BossMatthew Boss, JPMorgan retail analyst, joins 'Closing Bell' to discuss Macy's, the retail earnings picture, and the state of the consumer.

Persons: JPMorgan's Matthew Boss Matthew Boss Organizations: JPMorgan

A major U.S. bank and a legacy tech name were the focus of some of Tuesday's biggest analyst calls. The firm upgraded the apparel stock to overweight from neutral, and raised its price target to $31 per share from $26. The firm resumed coverage of the legacy tech company with an overweight rating and a $58 per share price target. He reiterated his $64 price target on the stock, implying upside of 10.7%. Additionally, he sees "greater risk to the achievement of our price target as the Fed rate cutting cycle begin."

Persons: Morgan Stanley, Matthew Boss, — Brian Evans, Goldman Sachs, Molson Coors Goldman Sachs, Molson, Molson Coors, Bonnie Herzog, Bud Light, Brian Evans, Goldman, Mark Delaney, Cisco, Morgan Stanley's, David Rochester, Fred Imbert Organizations: CNBC, Cisco Systems, JPMorgan, Eagle Outfitters JPMorgan, American Eagle Outfitters, Eagle Outfitters, Molson Coors, Molson, TAP, Tesla, Cisco, Wells Locations: U.S, Wells, Americas, EVs, Wells Fargo, 2H24, Rochester

☆ JPMorgan's top retail picks
▼ + stars: | 2024-04-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJPMorgan's top retail picksMatthew Boss, JPMorgan retail analyst, joins 'Squawk on the Street' to discuss Boss' thoughts on American Eagle's 'secret sauce', what the retail analyst likes with Levi Strauss, and more.

Persons: Matthew Boss, Levi Strauss Organizations: JPMorgan

☆ Watch CNBC's full interview with JPMorgan's Matt Boss
▼ + stars: | 2024-04-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with JPMorgan's Matt BossMatthew Boss, JPMorgan retail analyst, joins 'Squawk on the Street' to discuss Boss' thoughts on American Eagle's 'secret sauce', what the retail analyst likes with Levi Strauss, and more.

Persons: JPMorgan's Matt Boss Matthew Boss, Levi Strauss Organizations: JPMorgan

☆ Dollar General's brand is showing some cracks and may be a warning sign ahead of earnings
▼ + stars: | 2024-03-12 | by ( Christina Cheddar Berk | In | ) www.cnbc.com time to read: +7 min

In collecting this data, the firm saw a deterioration in the Dollar General brand last year. As of Monday's close, Dollar General's stock is up more than 57% from a 52-week low of $101.09 reached in mid-October. Their research found that consumers felt the cleanliness of Dollar General's stores, a top five driver of satisfaction, lagged key peers Dollar Tree and Family Dollar, and fell 2% further in February. Until November, shoppers rated Family Dollar and Dollar General's product offerings more or less on a par with each other. In addition to Dollar General's own challenges, all dollar stores are likely being hurt by weaker spending among low income consumers.

Persons: Vasos, what's, Todd Vasos, Jeff Owen, Gordon Haskett, Chuck Grom, Grom, bode, Piper Sandler, Peter Keith, Keith, Morgan Stanley, Simeon Gutman, Gutman, Michael Lasser, Lasser, Matthew Boss, — CNBC's Michael Bloom Organizations: Dollar, DG, Occupational Safety, Health Administration, SNAP, UBS, JPMorgan

☆ Victoria's Secret shares plunge as shrinking demand hits sales forecasts
▼ + stars: | 2024-03-07 | by ( ) www.cnbc.com time to read: +2 min

Victoria's Secret & Co. at the New York Stock Exchange, September 7, 2021. Victoria's Secret shares plunged about 29% premarket on Thursday after the lingerie brand forecast weaker annual sales following a sluggish start to the year as shoppers in its key North America market switch to cheaper options. It expects first-quarter net sales to decline in the mid-single-digit range, compared with analysts' expectation of a 2.5% fall. Victoria's sports bras were priced between $45 and $88, while Lululemon's were between $29 and $78, their websites showed. In 2024, Victoria's Secret plans to open about 15 new stores in North America, mostly in off-mall locations, despite slow demand, and close 35 stores mainly due to consolidation of co-located Victoria's Secret and PINK stores.

Persons: Dana Telsey, Matthew Boss Organizations: New York Stock Exchange, Telsey Advisory Locations: North America

☆ We're hitting an inflection point for all of retail, says JPMorgan's Matthew Boss
▼ + stars: | 2024-03-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're hitting an inflection point for all of retail, says JPMorgan's Matthew BossMatthew Boss, JPMorgan equity research analyst, joins 'Closing Bell' to discuss his bull case for Macy's and his overall retail playbook.

Persons: JPMorgan's Matthew Boss Matthew Boss, Macy's

☆ Wall Street analysts come out very bullish on this recent sporting goods IPO
▼ + stars: | 2024-02-26 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Roach is even more bullish than many on Wall Street with a price target of $21 per share. Like many peers on the Street, she sees the company getting a boost from market share growth and an expansion of direct-to-consumer. Multiple analysts deemed Arc'teryx the "crown jewel' of Amer's portfolio. Though Arc'teryx provides a key reason for bullishness, analysts also have their eyes on other well-known brands in the portfolio. "But, the business faces an uncertain 1H24 wholesale backdrop, & comes with single-segment growth & profitability expansion reliance, multi-brand portfolio volatility risk, & high relative leverage levels."

Persons: Wilson, Arc'teryx, FactSet, Goldman Sachs, Brooke Roach, Roach, She's, Amer, Lorraine Hutchinson, Matthew Boss, Paul Lejuez, Salomon, Baird, Jonathan Komp, Amer's, Jay Sole, Morgan Stanley, Alex Straton, Straton Organizations: Amer, New York Stock Exchange, DTC, Bank of America, Amer Sports, Citi, UBS Locations: China

Some of the biggest analyst calls on Monday focused on a dollar store stock and a major U.S. airline. She assigned a $235 price target, which suggests shares could climb about 23.5%. The analyst maintained his buy rating and raised his price target by $30 to $455, which implies 15.4% potential upside from Friday's close. His $175 price target — down from $185 — implies 25.3% downside for the stock from Friday's close. The bank upgraded the airline to buy from neutral, raising its price target to $20 from $14.

Persons: Bernstein, Hershey, Alexia Howard, Howard, —, — Pia Singh, Jefferies, Brent Thill, Morgan Stanley, Norfolk, Ravi Shanker, Shanker, Raymond James Raymond James, Olivia Tong, Tong, Matthew Boss, Said, ̇, Boss, Stephen Trent, Fred Imbert Organizations: CNBC, JPMorgan, Citi, American Airlines, Hershey, Meta, Norfolk, Colgate, Palmolive, CL, American Airlines American Airlines Locations: U.S, Norfolk Southern

☆ JPMorgan upgrades Dollar Tree, here's why
▼ + stars: | 2024-01-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJPMorgan upgrades Dollar Tree, here's whyMatthew Boss, JPMorgan equity research analyst, joins 'Money Movers' to discuss Boss' setup for the macro economy, why the firm favors Dollar Tree, and how these companies compete with Amazon.

Persons: Matthew Boss Organizations: JPMorgan, Amazon

☆ Wall Street is bullish on Royal Caribbean’s new ‘record-busting spectacle’ of a ship
▼ + stars: | 2024-01-23 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

There's another reason to be bullish on Royal Caribbean , according to several Wall Street analysts. Morgan Stanley analyst Jamie Rollo called Icon of the Seas a "record-busting spectacle of superlatives," and believes it will be a big driver of profits. That implies a 50% yield premium to the broader Royal Caribbean fleet, Rollo wrote in a note Monday. Morgan Stanley has an equal weight rating on Royal Caribbean. RCL 1Y mountain Royal Caribbean's one-year performance It is also another step by Royal Caribbean to tap into the ongoing trend of multigenerational travel.

Persons: Morgan Stanley, Jamie Rollo, Rollo, James Hardiman, it's, Matthew Boss, Robin Farley, Farley, — CNBC's Michael Bloom Organizations: Royal, cabanas, Royal Caribbean, Citi, JPMorgan, UBS, Royal Beach Club Locations: Hideaway, Royal Caribbean, Bahamas

☆ Retail sector seeing return to pre-pandemic shopping trends, says JPMorgan's Matthew Boss
▼ + stars: | 2023-12-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRetail sector seeing return to pre-pandemic shopping trends, says JPMorgan's Matthew BossMatthew Boss, JPMorgan, joins 'Squawk on the Street' to discuss how Boss is picking winners in the retail space this holiday season, if the retail bullishness extends into 2024, and how margins will be impacted by lower margins.

Persons: JPMorgan's Matthew Boss Matthew Boss Organizations: JPMorgan

☆ Here were the biggest winners and losers from Black Friday
▼ + stars: | 2023-11-27 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Despite the seeming rush to shop, this Black Friday ushered in moderately higher promotions over last year and mixed in-store traffic, according to some Wall Street analysts. Black Friday winners Value-focused shopping destinations seemed to win big Friday, based on annual store checks from a slew of Wall Street shops. The Black Friday shopping extravaganza also ushered in some bullish sentiment toward Shopify . Black Friday losers Not every popular retailer seemed to kick off the holiday shopping period on a strong note. While Lululemon drove strong in-store traffic, helped in part by advertising use in Black Friday markdowns, Nike and Under Armour both showed higher promotions, said Piper Sandler's Abbie Zvejnieks.

Persons: Michael Lasser, Bradley Thomas, Thomas, Kohl's, Morgan Stanley, Alex Straton, Goldman Sachs, Kate McShane, JPMorgan's Matthew Boss, Piper Sandler's Korinne Wolfmeyer, Morgan Stanley's Keith Weiss, Bhavin Shah, shouldn't, Nordstrom, Straton, Lululemon, Armour, Piper Sandler's Abbie Zvejnieks, lululemon Organizations: Adobe Analytics, UBS, Walmart, KeyBanc Capital, Dick's Sporting Goods, Body, Deutsche, Eagle Outfitters, Nike Locations: U.S

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