Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Matthew Boss"


16 mentions found


In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailValue and convenience will be the retail playbook of 2024, says JPMorgan's Matthew BossMatthew boss, JPMorgan analyst, joins 'Squawk on the Street' to discuss his retail playbook.
Persons: JPMorgan's Matthew Boss Matthew Organizations: JPMorgan
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors want to be positioned where value and convenience is king, says JPMorgan's Matthew BossJPMorgan retail analyst Matthew Boss joins 'Squawk on the Street' to discuss his thoughts on stocks in the retail sector, the dichotomy between low and high-income consumers, and more.
Persons: JPMorgan's Matthew Boss JPMorgan, Matthew Boss Organizations: Investors
Nike also reiterated its full-year guidance for midsingle-digit revenue growth. NKE YTD mountain Nike stock. The firm maintains an overweight rating on Nike stock and forecasts nearly 53% upside from Thursday's $89.62 close. McShane has a $136 per share price target on Nike stock, which implies more than 51% upside. Despite a near-term "choppy" outlook for Nike growth, the analyst says the company is well-positioned to navigate headwinds including "tough comparisons" and stiffer competition.
Persons: Matthew Boss, aren't, Jay Sole, Goldman Sachs, Kate McShane, McShane, Morgan Stanley's Alex Straton, Straton, Paul Lejuez, Lejuez, — CNBC's Michael Bloom Organizations: Nike, LSEG, JPMorgan, UBS, Paris Olympics, Air Max, 2Q, Citi Locations: U.S
The circumstances around JPMorgan's downgrade of Dollar General (DG) appear "highly unusual," CNBC's Jim Cramer said Wednesday, suggesting investors should heed the firm's call and stay clear of the retailer's stock. JPMorgan on Wednesday lowered its rating on Dollar General to the equivalent of a sell, from hold, and cut its price target to $116 per share, from $132. Cramer said Dollar General's customer base "is just really, really hurting," due in large part from the effects of long-lasting inflation. And now, Dollar General management expects the resumption of student-loan repayments and higher fuel prices to further strain consumer savings, JPMorgan noted. Shares of Dollar General fell nearly 2% Wednesday, to under $113 each, extending their year-to-date declines to more than 53%.
Persons: Jim Cramer, Matthew Boss, Cramer, Jim Cramer's Organizations: JPMorgan, Dollar, Charitable Trust, CNBC, TJX Companies, Costco Wholesale
Analysts remain bullish on Nike's direct-to-consumer strategy and brand momentum, even after the sports apparel giant's disappointing earnings results. Her $145 price target implies 27% upside from Thursday's close. He cited Nike's better-than-expected revenue, improving inventories, as well as no change to the brand's momentum in its direct-to-consumer strategy. Boss lowered his price target to $142 from $146. Her $125 price target, lowered from $135, is just 10% above Tuesday's closing price.
Persons: Goldman Sachs, Kate McShane, McShane, JPMorgan's Matthew Boss, Nike's, Friend, Boss, Bank of America's Lorraine Hutchinson, Hutchinson, — CNBC's Michael Bloom Organizations: Nike, Refinitiv, Bank of Locations: Bank of America's, North America
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailYou've seen the low water mark for retail sales, says JPMorgan's Matthew BossJPMorgan retail analyst Matthew Boss joins 'Closing Bell' to discuss his first reaction to the latest retail sales data, why tailwinds will outweigh headwinds in the year's second half, and more.
Persons: JPMorgan's Matthew Boss JPMorgan, Matthew Boss
Carnival and Norwegian Cruise Line hit 52-week highs Wednesday, while Royal Caribbean did so Tuesday. RCL YTD mountain Royal Caribbean year to date For Farley, Royal Caribbean stands out because it has about 64% of its cruises in the Caribbean, a strong market. Investors now may be waiting to see if there will be more price target increases from analysts after the latest run up. Royal Caribbean has 3% downside to the average analyst price target of $92.77 as of Tuesday's close, per FactSet. Carnival has 21% downside to its average price target of $12.11, and Norwegian has 15% downside to its $16.60 average price target.
Persons: It's, Jason Liberty, Patrick Scholes, Robin Farley, Matthew Boss, Bank of America's Andrew Didora, Josh, Didora, Farley, Truist's Scholes, James Hardiman, Greg Badishkanian, Scholes, Managements, Boss, CNBC's Michael Bloom, Josh Weinstein Organizations: shutdowns, Wall Street, Cruise Line, Royal, CNBC, Royal Caribbean, JPMorgan Chase, Bank of America, CCL, Bank of America's, UBS, Argus Research, Citi, Wolfe Research, JPMorgan, Investors Locations: Royal Caribbean, U.S, Miami, Tuesday's, Caribbean, Norwegian
Amid "continued demand momentum" for the cruise industry, JPMorgan is bullish on Carnival . The bank upgraded the cruise liner's shares to overweight from neutral in a Monday note. Analyst Matthew Boss also raised his price target to $16 from $11, implying more than 22% upside from Friday's close. Boss underscored Weinstein's comments that Carnival is "no longer riding the coattails of a post-pause pent-up." "On the top-line, we came away confident in current trends with all three management teams," Boss said.
Persons: Matthew Boss, Boss, Josh Weinstein —, , — CNBC's Michael Bloom Organizations: JPMorgan, CCL
Analyst Matthew Boss upgraded the retail stock to overweight from neutral and increased his price target by $1 to $29. His price target implies the stock will rally 65.8% over the next year from where shares ended Friday's session. He said the retailer should be able to see multiyear EBITDA margins in the low double digits due to five "self-help" growth vectors. Boss said the stock has an attractive risk-to-reward ratio and is at an attractive entry point following recent underperformance. Macy's trades at around two times its 2024 EBITDA, he said, which places it around 50% below the average of stocks in the department stores/mall-based specialty category.
How are we approaching the market week ahead? I also explained that we are indeed in a bull market, but that things could get a bit rocky from here. Analyst Matthew Boss also increased his price target by a buck to $29, citing favorable risk-to-reward setup at current stock price. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.
Investors should sell Dillard's after the department store chain's disappointing quarterly results, JPMorgan said. Analyst Matthew Boss downgraded the Arkansas-based retailer to underweight from neutral, saying there's trouble ahead for the retailer after its fourth-quarter results missed JPMorgan's expectations. Dillard's shares outperformed the past several years. In 2022, the stock advanced more than 30%, far outpacing a 19% decline in the S & P 500. The analyst's forward model shows a 21% earnings per share decline in 2023, and a 9% sequential decline in 2024.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTop ranked JPMorgan retail analyst Matt Boss: The pressure is on the middle-income consumerJPMorgan retail analyst Matthew Boss joins 'Closing Bell: Overtime' to discuss this morning's retail numbers and the resiliency of the American consumer.
A trio of Club stocks — Coterra Energy (CTRA), Danaher (DHR) and TJX Companies (TJX) — are in the news Monday. The multiweek slide in natural gas prices is at the heart of Raymond James' downgrade because Coterra's revenue is split roughly 50-50 between natural gas and oil. @NG.1 5Y mountain Natural Gas prices over 5 years The Club's take: The decline in natural gas prices is undoubtedly going to affect the amount of cash Coterra generates and then returns to shareholders via its fixed-plus-variable dividend strategy and buybacks. We're not heading for the exits on Coterra despite the decline in natural gas prices. A photo of a natural gas flare burning near an oil pump jack at the New Harmony Oil Field in the U.S. on June 19, 2022.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHoliday sales actually met our expectations, says JPMorgan's Matthew BossJPMorgan's Matthew Boss joins 'Closing Bell: Overtime' to discuss the state of the retail sector and why he thinks it could outperform in 2023.
It's time to move to the sidelines on Victoria's Secret after its latest earnings results, according to JPMorgan. Analyst Matthew Boss downgraded the stock to neutral from overweight, citing continued pressure ahead for the lingerie company's core business given a tough macro backdrop. Shares of Victoria's Secret declined more than 2% in Thursday premarket trading after the company reported a mixed third quarter. The lingerie company reported earnings of 29 cents per share on revenue of $1.32 billion. Shares of Victoria's Secret are off about 17% in 2022.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRetail headwinds like freight are becoming small tailwinds, says JPMorgan's Matthew BossMatthew Boss, JPMorgan retail analyst, joins 'Closing Bell: Overtime' to discuss retail stocks and their performance during the holiday shopping weekend.
Total: 16