Michael Teich 6/23/20 Michael Teich 6/23/20

Etsy is “Crafting” Its Way Higher: RBC

Shares of Etsy are up 120% year-to-date, benefiting from a herd of consumers that rushed to the e-commerce company’s website for masks and other goods. With expectations that many of the new buyers who purchased from Etsy for the first time will become repeat customers, RBC analyst Shweta Khajuria raised her price target for the stock to $117, up from $79, on Monday evening.

Michael Teich 6/10/20 Michael Teich 6/10/20

Chewy Shares Have the Bite to Match the Bark

Chewy had a lot to prove in order to match Wall Street’s elevated expectations heading into its earnings report and the pet e-tailer lived up to the hype.

Michael Teich 6/9/20 Michael Teich 6/9/20

Is Stitch Fix the Future of Retail? The Jury Is Still Out

Stitch Fix missed across the board when it delivered its quarterly earnings report on June 8. The data-driven personal styling company generated net revenue of $371.7 million, a drop of 9.1% from last year, even as the pandemic accelerated consumer adoption of online shopping.

Michael Teich 6/8/20 Michael Teich 6/8/20

Amazon Price Target Raised to a Street High $3,300 by RBC Despite "Disturbing" Trend

Online Retail is a “Structural Winner from the COVID Crisis” and Amazon is likely the best global play off of Online Retail, according to RBC analyst Mark Mahaney.